Do Traders Think Jowell Global Ltd (JWEL) Can Keep Climbing Thursday?

Overall market sentiment has been high on Jowell Global Ltd (JWEL) stock lately. JWEL receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Jowell Global Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on JWEL!

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What is Stock Sentiment?

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. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With JWEL Stock Today?

Jowell Global Ltd (JWEL) stock is trading at $0.29 as of 11:56 AM on Thursday, Apr 6, a loss of -$0.13, or -30.76% from the previous closing price of $0.42. The stock has traded between $0.25 and $0.35 so far today. Volume today is above average. So far 4,333,843 shares have traded compared to average volume of 3,146,749 shares. To see InvestorsObserver's Sentiment Score for Jowell Global Ltd click here.

More About Jowell Global Ltd

Jowell Global Ltd is a cosmetics, health and nutritional supplements, and household products e-commerce platform. It operates under Online Direct Sales, Authorized Retail Store Distribution, Third-party Merchants, and Live streaming marketing sales channels. The company has three major merchandise categories: Cosmetic products, Health & nutritional supplements, and Household Products. All of its revenue is derived from China. Click Here to get the full Stock Report for Jowell Global Ltd stock.