Overall market sentiment has been high on Up Fintech Holding Ltd (TIGR) stock lately. TIGR receives a Bullish rating from InvestorsObserver's Stock 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.
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 TIGR Stock Today?
Up Fintech Holding Ltd (TIGR) stock is trading at $23.64 as of 10:00 AM on Friday, May 28, a rise of $1.43, or 6.46% from the previous closing price of $22.20. The stock has traded between $21.90 and $23.68 so far today. Volume today is less active than usual. So far 1,053,673 shares have traded compared to average volume of 7,946,766 shares.
To see InvestorsObserver's Sentiment Score for Up Fintech Holding Ltd click here.
More About Up Fintech Holding Ltd
UP Fintech Holding Ltd is an online brokerage firm focusing on Chinese investors. Its trading platform enables investors to trade in equities and other financial instruments on multiple exchanges of stocks and other derivatives. The company offers its customers brokerage and value-added services, including trade order placement and execution, margin financing, account management, investor education, community discussion, and customer support.
Click Here to get the full Stock Score Report on Up Fintech Holding Ltd (TIGR) Stock.
