How will the market react to Fintech Holding Ltd (TIGR) stock being given a bullish rating
The market has been bullish on Up Fintech Holding Ltd (TIGR) shares recently. TIGR gets a Bullish score from InvestorsObserver Indicator for share sentiment.
What is stock sentiment?
In investment, sentiment generally means whether a given security is in favor with investors or not. It is usually a fairly short-term calculation that relies entirely on technical analysis. That means it has nothing to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feel about a stock. There are many ways to measure emotion. At its core, sentiment is pretty easy to understand. If a stock goes up, investors must be bullish, while if it goes down, the 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 that a trend is getting stronger, while decreasing volume can mean that a trend is nearing a conclusion. For shares that have options, our system also assesses the balance between calls, which are often bets that the price will rise, and puts, which are often bets that the price will fall.
What’s happening to TIGR shares today?
Up Fintech Holding Ltd (TIGR) stock traded at $4.43 as of 11:58 on Thursday, February 2nd, up $0.12 or 2.78% from the previous close of $4.31. The stock has traded between $4.31 and $4.52 so far today. The volume today is less active than usual. So far, 977,544 shares have been traded compared to the average volume of 1,691,512 shares. Click here to look for more stocks like Up Fintech Holding Ltd.
More about Up Fintech Holding Ltd
UP Fintech Holding Ltd is an online brokerage firm with a focus on Chinese investors. The trading platform enables investors to trade in shares and other financial instruments on several exchanges of shares and other derivatives. The company offers its clients brokerage and value-added services, including placement and execution of trade orders, margin financing, account management, investor education, community discussion and customer support. Click here to get the full stock report for the Up Fintech Holding Ltd stock.
