What is the Market's View on Douyu International Holdings Ltd (DOYU) Stock's Price and Volume Trends Thursday?

Douyu International Holdings Ltd (DOYU) stock has gained 2.66% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Douyu International Holdings Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on DOYU!

See Full DOYU Report

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. 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 DOYU Stock Today?

Douyu International Holdings Ltd (DOYU) stock is down -1.53% while the S&P 500 has gained 0.63% as of 10:17 AM on Thursday, Feb 2. DOYU is down -$0.03 from the previous closing price of $1.96 on volume of 351,081 shares. Over the past year the S&P 500 has fallen -8.83% while DOYU is down -12.67%. DOYU lost -$0.17 per share in the over the last 12 months. To screen for more stocks like Douyu International Holdings Ltd click here.

More About Douyu International Holdings Ltd

DouYu International Holdings Ltd is a game-centric live streaming platform in China. The company operates its platform on both PC and mobile apps, through which users can enjoy immersive and interactive games and entertainment live streaming. It generates revenues through live streaming and advertisement. Click Here to get the full Stock Report for Douyu International Holdings Ltd stock.