Is it Time to Dump Autohome Inc (ATHM) Stock After it Is Higher By 2.41% in a Week?

Autohome Inc (ATHM) stock is up 2.41% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Autohome Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on ATHM!

See Full ATHM Report

What is Stock Sentiment?

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. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With ATHM Stock Today?

Autohome Inc (ATHM) stock is trading at $29.70 as of 11:19 AM on Friday, Sep 1, an increase of $0.80, or 2.77% from the previous closing price of $28.90. The stock has traded between $28.97 and $30.02 so far today. Volume today is 449,524 compared to average volume of 406,463.

More About Autohome Inc

Autohome Inc is an automotive Internet platform. The company through its subsidiaries is primarily engaged in the provision of media services, leads generation services, and online marketplace in the People's Republic of China. The firm delivers comprehensive, independent, and interactive content to automobile buyers & owners and also offers transaction services. It also provides subscription services to dealers, which allow them to market their inventory and services through the company's websites and mobile applications. All of its revenue is derived from China. Click Here to get the full Stock Report for Autohome Inc stock.