Overall market sentiment has been down on Lufax Holding Ltd – ADR (LU) stock lately. LU receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
What is Stock Sentiment?
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 LU Stock Today?
Lufax Holding Ltd – ADR (LU) stock is trading at $2.90 as of 3:38 PM on Tuesday, Sep 27, a loss of -$0.11, or -3.65% from the previous closing price of $3.01. The stock has traded between $2.89 and $3.12 so far today. Volume today is 5,619,750 compared to average volume of 5,620,552. To see InvestorsObserver’s Sentiment Score for Lufax Holding Ltd – ADR click here.
More About Lufax Holding Ltd – ADR
Lufax Holding Ltd is a technology-empowered personal financial services platform in China. The company address the large unmet demand for personal lending among small business owners as well as salaried workers in China and provides tailor-made wealth management solutions to China’s middle class and affluent population. Its platform has two hubs namely Retail Credit Facilitation Hub and Wealth Management Hub. Click Here to get the full Stock Report for Lufax Holding Ltd – ADR stock.
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