Shineco Inc (SISI) Stock: What Does the Chart Say Tuesday?

Overall market sentiment has been high on Shineco Inc (SISI) stock lately. SISI receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Shineco Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SISI!

See Full SISI Report

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. 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 SISI Stock Today?

Shineco Inc (SISI) stock is unmoved 0% while the S&P 500 has risen 0.13% as of 12:03 PM on Tuesday, Nov 28. SISI is flat $0.00 from the previous closing price of $0.11 on volume of 74,889 shares. Over the past year the S&P 500 is up 14.94% while SISI is down -86.59%. SISI lost -$0.38 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Shineco Inc click here.

More About Shineco Inc

Shineco Inc through its subsidiaries produces, distributes, and sells health and well-being focused plant-based products under the Tenethealth and Tenet Bojian brands in China. It operates through two segments: developing, manufacturing, and distributing of specialized fabrics, textile products, and other by-products derived from an indigenous Chinese plant called Apocynum Venetum; and Processing and distributing of green and organic agricultural produce, as well as growing and cultivating of Chinese Yew trees (Agricultural products). Majority of the revenue for the group is derived through the sale of Agricultural products. Click Here to get the full Stock Report for Shineco Inc stock.