Should You Buy Hollysys Automation Technologies Ltd (HOLI) Stock After it Has Risen 4.67% in a Week?

The market has been down on Hollysys Automation Technologies Ltd (HOLI) stock recently. HOLI gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Hollysys Automation Technologies Ltd has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on HOLI!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With HOLI Stock Today?

Hollysys Automation Technologies Ltd (HOLI) stock has risen 3.56% while the S&P 500 is down -1% as of 1:57 PM on Thursday, Oct 26. HOLI has gained $0.70 from the previous closing price of $19.69 on volume of 1,862,207 shares. Over the past year the S&P 500 has gained 7.41% while HOLI has gained 34.77%. HOLI earned $1.72 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 11.82.

More About Hollysys Automation Technologies Ltd

Hollysys Automation Technologies Ltd is a China-based company that provides automation and control technologies and products. The company operates through three segments. Its IA segment supplies solutions including third-party hardware-centric products, proprietary software products, and others. The Rail segment supplies train control center and automation train protection to the rail and subway industries. The M&E segment consists of its two Southeast Asia-based subsidiaries that provide mechanical and electrical solutions. Hollysys Automation Technologies generates most of its sales from the Chinese domestic market. Click Here to get the full Stock Report for Hollysys Automation Technologies Ltd stock.