Overall market sentiment has been high on Noah Holdings Limited (NOAH) stock lately. NOAH receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Noah Holdings Limited has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on NOAH!
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
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 NOAH Stock Today?
Noah Holdings Limited (NOAH) stock is trading at $28.94 as of 3:39 PM on Friday, Jan 14, a drop of -$1.09, or -3.63% from the previous closing price of $30.03. The stock has traded between $28.53 and $30.20 so far today. Volume today is 108,570 compared to average volume of 131,596.
To see InvestorsObserver's Sentiment Score for Noah Holdings Limited click here.
More About Noah Holdings Limited
Noah Holdings Ltd is a wealth management service provider. It focuses on global wealth investment and asset allocation services for high net worth individuals and enterprises in China. The company operates through three segments: wealth management, asset management, and lending and other financial services. Its product offerings consist primarily of over-the-counter wealth management and OTC asset management products and mutual fund products. Portfolio of the group mostly includes fixed income products, private equity funds and securities investment funds. Most of the firm revenue is generated through one-time commissions and recurring service fees paid by third-party product providers.
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