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Should You Buy Up Fintech Holding Ltd (TIGR) Stock on Monday?

Monday, June 14, 2021 10:58 AM | InvestorsObserver Analysts

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Should You Buy Up Fintech Holding Ltd (TIGR) Stock on Monday?

Up Fintech Holding Ltd (TIGR) stock has risen 5.49% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.

Sentiment Score - ,bullish
Up Fintech Holding Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on TIGR!

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.

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 TIGR Stock Today?

Up Fintech Holding Ltd (TIGR) stock is trading at $28.26 as of 10:56 AM on Monday, Jun 14, a decline of -$0.30, or -1.05% from the previous closing price of $28.56. The stock has traded between $27.12 and $29.20 so far today. Volume today is low. So far 4,219,796 shares have traded compared to average volume of 9,012,986 shares.

To see the top 5 stocks in the Capital Markets industry 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.

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