Is it Time to Dump Hollysys Automation Technologies Ltd (HOLI) Stock After it Is Higher By 1.43% in a Week? – InvestorsObserver

Posted: January 9, 2021 at 3:03 pm

The market has been down on Hollysys Automation Technologies Ltd (HOLI) stock recently. HOLI gets a Bearish score from InvestorsObserver's Stock Sentiment Indicator.

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.

Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.

InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.

Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

Hollysys Automation Technologies Ltd (HOLI) stock is up 1.33% while the S&P 500 has fallen -0.33% as of 1:45 PM on Friday, Jan 8. HOLI is up $0.20 from the previous closing price of $14.70 on volume of 263,740 shares. Over the past year the S&P 500 is up 16.55% while HOLI has fallen -11.41%. HOLI earned $1.16 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 12.82.

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Hollysys Automation Technologies Ltd is a China-based company that provides automation and control technologies and products. The company operates through three segments. Its IA segment supplies solutions including third-party hardware-centric products, proprietary software products, and others. The Rail segment supplies train control center and automation train protection to the rail and subway industries. The M&E segment consists of its two Southeast Asia-based subsidiaries that provide mechanical and electrical solutions. Hollysys Automation Technologies generates most of its sales from the Chinese domestic market.

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Is it Time to Dump Hollysys Automation Technologies Ltd (HOLI) Stock After it Is Higher By 1.43% in a Week? - InvestorsObserver

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