The market has been high on Ruhnn Holding Ltd - ADR (RUHN) stock recently. RUHN gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
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 RUHN Stock Today?
Ruhnn Holding Ltd - ADR (RUHN) stock has fallen -5.09% while the S&P 500 has risen 0.75% as of 3:13 PM on Monday, Nov 23. RUHN is down -$0.14 from the previous closing price of $2.75 on volume of 340,072 shares. Over the past year the S&P 500 has risen 14.38% while RUHN is down -67.82%. RUHN lost -$0.22 per share in the over the last 12 months.
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More About Ruhnn Holding Ltd - ADR
Ruhnn Holding Ltd is an internet key opinion leader, or KOL, facilitator in China. It is engaged in a large number of businesses, including brands, online retailers, designers, manufacturers and suppliers, based on existing e-commerce and social media platforms in China .The company recognizes revenue from online sales of consumer products to followers of KOLs across various e-commerce platforms.
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