Should You Buy Alibaba Group Holding Ltd - ADR (BABA) Stock After it Is Up 1.63% in a Week?

The market has been neutral on Alibaba Group Holding Ltd - ADR (BABA) stock recently. BABA gets a Neutral score from InvestorsObserver Stock Sentiment Indicator.

Alibaba Group Holding Ltd - ADR has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on BABA!

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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. 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 BABA Stock Today?

Alibaba Group Holding Ltd - ADR (BABA) stock is trading at $80.20 as of 10:26 AM on Monday, Oct 3, an increase of $0.13, or 0.16% from the previous closing price of $80.07. Volume today is below average. So far 3,669,342 shares have traded compared to average volume of 18,423,053 shares. The stock has traded between $78.05 and $80.42 so far today. To see InvestorsObserver's Sentiment Score for Alibaba Group Holding Ltd - ADR click here.

More About Alibaba Group Holding Ltd - ADR

Alibaba is the world's largest online and mobile commerce company as measured by gross merchandise volume (CNY 7.5 trillion for the fiscal year ended March 2021). It operates China's online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). Alibaba's China commerce retail division accounted for 63% of revenue in the September 2021 quarter. Additional revenue sources include China commerce wholesale (2%), international retail/wholesale marketplaces (5%/2%), cloud computing (10%), digital media and entertainment platforms (4%), Cainiao logistics services (5%), and innovation initiatives/other (1%). Click Here to get the full Stock Report for Alibaba Group Holding Ltd - ADR stock.