Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With REDU Stock Today?
RISE Education Cayman Ltd (REDU) stock is trading at $1.07 as of 1:58 PM on Wednesday, May 11, a drop of -$0.03, or -2.73% from the previous closing price of $1.10. The stock has traded between $1.07 and $1.18 so far today. Volume today is less active than usual. So far 151,843 shares have traded compared to average volume of 537,685 shares.
To see InvestorsObserver's Sentiment Score for RISE Education Cayman Ltd click here.
More About RISE Education Cayman Ltd
RISE Education Cayman Ltd mainly operates the English Language Training market which refers to after-school English teaching and tutoring services provided by training institutions to students aged three to 18. The company focuses on subject-based learning whereby various subject matters, such as language arts, math, natural science, and social science are used to teach English. It offers three flagship courses namely Rise Start, Rise On and Rise Up which are designed for students aged three to six, seven to twelve, and 13 to 18, respectively. In addition, RISE Education offers a number of complementary products to further enhance students learning experience, including Can-Talk, Rise Library Online, Rise Camp, Rise Workshop, and Rise Overseas Study Tour.
Click Here to get the full Stock Report for RISE Education Cayman Ltd stock.
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