Dunxin Financial Holdings Ltd (DXF) stock is up 33.33% over the past week and gets a Bullish rating from InvestorsObserver's 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.
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 DXF Stock Today?
Dunxin Financial Holdings Ltd (DXF) stock is trading at $1.48 as of 10:10 AM on Wednesday, Nov 25, a rise of $0.20, or 15.63% from the previous closing price of $1.28. The stock has traded between $1.26 and $1.62 so far today. Volume today is low. So far 335,724 shares have traded compared to average volume of 1,035,773 shares.
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More About Dunxin Financial Holdings Ltd
Dunxin Financial Holdings Ltd is engaged in the business of providing loan facilities to micro, small and medium-sized enterprises and sole proprietors in Hubei province of the People's Republic of China. The company's product categories include Traditional, Consumer, Supply Chain, and Integrated financial products. Geographically, it operates in China.
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