Where Will Gaotu Techedu Inc (GOTU) Stock Go Next After It Is Higher By 13.49% in a Week?

Gaotu Techedu Inc (GOTU) stock is up 13.49% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Gaotu Techedu Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on GOTU!

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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 GOTU Stock Today?

Gaotu Techedu Inc (GOTU) stock is trading at $2.86 as of 12:15 PM on Friday, Dec 1, a rise of $0.27, or 10.23% from the previous closing price of $2.59. The stock has traded between $2.54 and $2.88 so far today. Volume today is above average. So far 3,596,884 shares have traded compared to average volume of 1,866,786 shares. To screen for more stocks like Gaotu Techedu Inc click here.

More About Gaotu Techedu Inc

Gaotu Techedu Inc is a technology-driven education company with core expertise in online K-12 courses. Its K-12 courses cover all primary and secondary grades. It also offers foreign language, professional, and interest courses. The company's segment includes the provision of education services. Click Here to get the full Stock Report for Gaotu Techedu Inc stock.