Overall market sentiment has been high on Wah Fu Education Group Ltd (WAFU) stock lately. WAFU receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Wah Fu Education Group Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on WAFU!
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.
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 WAFU Stock Today?
Wah Fu Education Group Ltd (WAFU) stock is trading at $2.02 as of 1:28 PM on Friday, Oct 13, a loss of -$0.35, or -14.77% from the previous closing price of $2.37. The stock has traded between $1.95 and $2.18 so far today. Volume today is more active than usual. So far 69,784 shares have traded compared to average volume of 30,329 shares.
To screen for more stocks like Wah Fu Education Group Ltd click here.
More About Wah Fu Education Group Ltd
Wah Fu Education Group Ltd is involved in providing online exam preparation services and related technology solutions and also produces online training course materials in China. It develops online educational materials that are offered through the cloud and that can be used for a wide range of purposes, such as standard examination preparation, professional training, and interactive programs for educational purposes other than exam preparation. Its segments are Online education services, and Technological development and operation service. The company generates maximum revenue from the Online education services segment.
Click Here to get the full Stock Report for Wah Fu Education Group Ltd stock.
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