The market has been high on Xinyuan Real Estate Co., Ltd. (XIN) stock recently. XIN gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
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 XIN Stock Today?
Xinyuan Real Estate Co., Ltd. (XIN) stock is down -2.07% while the S&P 500 is unmoved 0% as of 1:10 PM on Monday, Jun 15. XIN has fallen -$0.05 from the previous closing price of $2.41 on volume of 109,030 shares. Over the past year the S&P 500 has risen 5.25% while XIN has fallen -45.50%. XIN lost -$0.59 per share in the over the last 12 months.
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More About Xinyuan Real Estate Co., Ltd.
Xinyuan Real Estate Co Ltd operates as a real estate developer and property manager in China. It develops and manages large-scale, high-quality real estate projects in over ten tier one and tier two cities, including Beijing, Shanghai, Zhengzhou, Suzhou, among others. It aims to provide comfortable and convenient real estate related products and services to middle-class consumers. Xinyuan's product portfolio consists of multiple rise buildings, sub-high-rise buildings, and high-rise buildings, together with auxiliary services and amenities such as retail outlets, leisure and health facilities, kindergartens and schools. In addition, the company provides property management services for its projects and other real estate-related services to its customers.
