The market has been high on JPMorgan Chase & Co. (JPM) stock recently. JPM gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
JPMorgan Chase & Co. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on JPM!
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
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 JPM Stock Today?
JPMorgan Chase & Co. (JPM) stock is trading at $92.11 as of 3:24 PM on Friday, Jun 26, a loss of -$5.77, or -5.89% from the previous closing price of $97.88. The stock has traded between $92.10 and $95.37 so far today. Volume today is 26,086,154 compared to average volume of 24,951,174.
To see InvestorsObserver's Sentiment Score for JPMorgan Chase & Co. click here.
More About JPMorgan Chase & Co.
JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with more than $2.5 trillion in assets. It is organized into four major segments--consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates, and is subject to regulation, in multiple countries.
