WiMi Hologram Cloud Inc - ADR (WIMI) stock has fallen 7.74% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.
WiMi Hologram Cloud Inc - ADR has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on WIMI!
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 WIMI Stock Today?
WiMi Hologram Cloud Inc - ADR (WIMI) stock is flat -0.32% while the S&P 500 has fallen -0.42% as of 2:34 PM on Friday, Sep 30. WIMI is flat $0.00 from the previous closing price of $1.55 on volume of 242,751 shares. Over the past year the S&P 500 has fallen -16.84% while WIMI has fallen -60.96%. WIMI lost -$0.39 per share in the over the last 12 months.
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More About WiMi Hologram Cloud Inc - ADR
WiMi Hologram Cloud Inc and its subsidiaries offer augmented reality (AR) based holographic services and products to cater to its customers. Its AR service and product offerings primarily consist of holographic AR advertising services and holographic AR entertainment products. It is also into the semiconductor business, in which the company provides central processing algorithm services and computer chip products to enterprise customers and the sales of comprehensive solutions for central processing algorithms and related services with software and hardware integration. The company reports in three segments: AR advertising, AR entertainment, and Semiconductor. Its geographical segments are Mainland China, Hong Kong, and International.
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