Is it Time to Dump Qudian Inc (QD) Stock After it Is Lower By 5.17% in a Week?

The market has been down on Qudian Inc (QD) stock recently. QD gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

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

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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. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With QD Stock Today?

Qudian Inc (QD) stock is trading at $1.65 as of 10:26 AM on Friday, Nov 24, a decline of -$0.05, or -2.94% from the previous closing price of $1.70. The stock has traded between $1.63 and $1.68 so far today. Volume today is low. So far 77,786 shares have traded compared to average volume of 500,512 shares. To see InvestorsObserver's Sentiment Score for Qudian Inc click here.

More About Qudian Inc

Qudian Inc is a provider of online credit products using data-enabled technologies, such as artificial intelligence and machine learning in China. The company has two reportable segments namely Installment credit services and E-commerce sales services. It generates maximum revenue from the Installment credit services segment. The company derives the majority of its revenue from the China region. It offers cash credit products, which provide funds in digital form, and merchandise credit products. Click Here to get the full Stock Report for Qudian Inc stock.