XELA's Social Sentiment Mixed on High Pre-Market Trading Volumes

Why is Social Sentiment Important? and Where Can You Track it?

As we have seen over the past couple of years, there were a good handful of "Social Sentiment Stocks" like GME and AMC that skyrocketed based almost solely on social sentiment. As a result of this, many people have started to pay attention to the social sentiment behind stocks.

Out of the several Exela Technologies, Inc. (XELA) stock discussions available for investors to share their opinions and discuss their favorite stocks, there are 2 stock discussion forums that influence XELA's social sentiment more than any others. These 2 stock discussion forums include XELA Stocktwits and XELA Twitter.

The Utradea Social Sentiment Dashboard allows you to track real-time trends and insights for Exela Technologies, Inc. discussions and Exela Technologies, Inc. conversations.

XELA Stocktwits Up Due to Pre-Market Trading

Here are the latest analytics from the XELA Stocktwits forum (over the last 24hrs):

• 1,186 Posts (up 27.66% day over day)
• 1,743 Likes (up 6.22% day over day)
• 535.71k Impressions (down -0.05% day over day)

Overall, the XELA Stocktwits sentiment is up by a very narrow margin. XELA has maintained the same level of impressions while managing to experience a small increase in both likes and posting volumes. I believe that this increase in posting volumes comes from the fact that the XELA stock is very active during pre-market trading, which is being noticed by members of the XELA StockTwits. I think that we will see the XELA sentiment continue to increase throughout the day due to high volumes

XELA Twitter Lagging Behind

Here are the latest analytics from the XELA Twitter community (over the last 24hrs):

• 182 Tweets (up 0.55% day over day)
• 1,151 Likes (down -20.95% day over day)
• 514.78k Impressions (down -21.1% day over day)

The XELA Twitter community has not had the same reaction to their high pre-market trading volumes as the XELA Twitter sentiment has declined. It is good to see that their level of impressions has been maintained, however, it is not good to see the decrease in XELA posting volumes and likes. I think that we will also see the XELA Twitter sentiment increase throughout the day.

XELA Twitter Accounts that Influence Social Sentiment

Here is a count of “whale” accounts that are active on XELA Twitter (over the past 72 hrs):

• 14 somewhat large Twitter accounts with 10,000+ followers,
• 1 large Twitter accounts with 100k+ followers

These large accounts help the XELA Twitter garner a lot of impressions, as it is reasonable to assume that over 50% of their impressions come from the XELA posts of these large accounts. Overall, we might start to see more large accounts post about XELA, especially if their pre-market volume continues to be very high.

Final Thoughts: XELA Forums and Discussion Boards

Overall, investors are very active on the XELA Stocktwits and XELA Twitter Forum. Being able to quickly gain insights into a stock's social sentiment has proven to be beneficial for modern investors. We suggest getting familiar with the Utradea Social Sentiment Dashboard, as it is a quick way to stay up-to-date with social sentiment across a wide variety of stocks.