In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With IQ Stock Today?
IQIYI Inc - ADR (IQ) stock is lower by -3.87% while the S&P 500 is up 0.51% as of 10:17 AM on Monday, Mar 27. IQ is lower by -$0.27 from the previous closing price of $6.84 on volume of 1,670,433 shares. Over the past year the S&P 500 is lower by -12.77% while IQ is up 39.41%. IQ lost -$0.02 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for IQIYI Inc - ADR click here.
More About IQIYI Inc - ADR
iQIYI Inc is an online entertainment service provider in China. It is primarily engaged in providing a variety of services encompassing internet video, live broadcasting, online games, online literature, animations, e-commerce, and social media platform. The company produces original video content and distributes appealing professionally produced content, partner-generated content, and user-generated content. It also offers a diverse collection of internet video content that appeals to users from broad demographics. The company's revenue is generated from membership services and online advertising services. The company earns most of its revenue from China.
Click Here to get the full Stock Report for IQIYI Inc - ADR stock.
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