Overall market sentiment has been down on Future Fintech Group Inc (FTFT) stock lately. FTFT receives a Bearish rating 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.
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 FTFT Stock Today?
Future Fintech Group Inc (FTFT) stock is trading at $5.95 as of 10:05 AM on Monday, Mar 1, a gain of $0.59, or 10.97% from the previous closing price of $5.36. The stock has traded between $5.75 and $6.09 so far today. Volume today is below average. So far 849,733 shares have traded compared to average volume of 7,662,432 shares.
To see InvestorsObserver's Sentiment Score for Future Fintech Group Inc click here.
More About Future Fintech Group Inc
Future FinTech Group Inc is engaged in financial technology business. The company engages in the operation of a blockchain based online shared shopping mall platform and also operates an incubator for application projects using blockchain technology. Future FinTech and its subsidiaries are developing blockchain technology for a variety of B2B and B2C real-life applications.
Click Here to get the full Stock Score Report on Future Fintech Group Inc (FTFT) Stock.
