Ecmoho Ltd - ADR (MOHO) stock has risen 26.13% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
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.
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 MOHO Stock Today?
Ecmoho Ltd - ADR (MOHO) stock is trading at $2.80 as of 10:05 AM on Friday, Feb 5, an increase of $0.36, or 14.75% from the previous closing price of $2.44. The stock has traded between $2.65 and $3.13 so far today. Volume today is 136,262 compared to average volume of 162,278.
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More About Ecmoho Ltd - ADR
ECMOHO Ltd is engaged in the business of non-medical health and wellness market. It is focused on marketing and distribution of health supplements and food, mother and child care products, personal care products, household healthcare equipment, and other health and wellness products through online and offline channels.
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