Is ChargePoint Holdings Inc (CHPT) Stock About to Get Hot Thursday?

ChargePoint Holdings Inc (CHPT) stock has risen 0.53% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

ChargePoint Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CHPT!

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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. 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 .

What's Happening With CHPT Stock Today?

ChargePoint Holdings Inc (CHPT) stock is flat 0% while the S&P 500 has fallen -0.02% as of 9:31 AM on Thursday, Mar 28. CHPT is flat $0.00 from the previous closing price of $1.90 on volume of 74,191 shares. Over the past year the S&P 500 has risen 32.13% while CHPT has fallen -79.92%. CHPT lost -$1.22 per share in the over the last 12 months. To screen for more stocks like ChargePoint Holdings Inc click here.

More About ChargePoint Holdings Inc

ChargePoint designs, develops, and markets networked electric vehicle charging system infrastructure and cloud-based services that enable consumers to locate, reserve, and authenticate EV charging. The company's hardware product lineup includes solutions across home, commercial, and fast-charging applications. ChargePoint derives the majority of its revenue from the United States. Click Here to get the full Stock Report for ChargePoint Holdings Inc stock.