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Where Will Tarena International Inc (TEDU) Stock Go Next After It Has Risen 7.19% in a Week?

Monday, September 28, 2020 03:17 PM | InvestorsObserver Analysts

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Where Will Tarena International Inc (TEDU) Stock Go Next After It Has Risen 7.19% in a Week?

Tarena International Inc (TEDU) stock has gained 7.19% over the past week and gets a Neutral rating from InvestorsObserver's Sentiment Indicator.

Sentiment Score - ,neutral
Tarena International Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on TEDU!

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.

Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.

InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.

The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With TEDU Stock Today?

Tarena International Inc (TEDU) stock is trading at $1.79 as of 3:04 PM on Monday, Sep 28, an increase of $0.10, or 5.92% from the previous closing price of $1.69. Volume today is above average. So far 1,938,785 shares have traded compared to average volume of 197,877 shares. The stock has traded between $1.67 and $2.06 so far today.

To see InvestorsObserver's Sentiment Score for Tarena International Inc click here.

More About Tarena International Inc

Tarena International Inc is engaged in providing professional education services including professional information technology (IT) training courses and non-IT training courses. It offers K-12 education services in China. The company operates in two reportable segments namely Adult Training and Kid Training. The majority of the revenue is generated from the Adult Training segment. The service provides by the company includes featuring course content, examinations, student and teaching staff interaction tools, student management tools, and an online student community. For adult students, Their education platform combines live distance instruction, classroom-based tutoring, and online learning modules.

Click Here to get the full Stock Score Report on Tarena International Inc (TEDU) Stock.

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