The market has been high on Autohome Inc (ATHM) stock recently. ATHM gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
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.
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 ATHM Stock Today?
Autohome Inc (ATHM) stock is trading at $103.57 as of 11:00 AM on Wednesday, Nov 25, a gain of $2.82, or 2.8% from the previous closing price of $100.75. The stock has traded between $99.58 and $104.55 so far today. Volume today is 334,366 compared to average volume of 336,303.
More About Autohome Inc
Autohome Inc is an automotive Internet platform. The company through its subsidiaries is primarily engaged in the provision of media services, leads generation services and online marketplace in the People's Republic of China. The firm delivers comprehensive, independent and interactive content to automobile buyers and owners, and also offers transaction services. In addition, it also provides subscription services to dealers which allow them to market their inventory and services through the company's websites and mobile applications. It generates revenues from media services, leads generation services and online marketplace.