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Is it Time to Dump Jianpu Technology Inc - ADR (JT) Stock After it Is Up 5.22% in a Week?

Tuesday, May 02, 2023 11:19 AM | InvestorsObserver Analysts

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Is it Time to Dump Jianpu Technology Inc - ADR (JT) Stock After it Is Up 5.22% in a Week?

The market has been high on Jianpu Technology Inc - ADR (JT) stock recently. JT gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Jianpu Technology Inc - ADR has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on JT!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. 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 JT Stock Today?

Jianpu Technology Inc - ADR (JT) stock is trading at $1.41 as of 10:54 AM on Tuesday, May 2, a drop of -$0.20, or -12.31% from the previous closing price of $1.61. The stock has traded between $1.40 and $1.62 so far today. Volume today is above average. So far 47,642 shares have traded compared to average volume of 16,741 shares. To screen for more stocks like Jianpu Technology Inc - ADR click here.

More About Jianpu Technology Inc - ADR

Jianpu Technology Inc. is the leading independent open platform for discovery and recommendation of financial products in China according to the iResearch Report*. By leveraging our deep data insights and proprietary technology we provide users with personalized search results and recommendations that are tailored to each users particular financial needs and credit profile. We also enable financial service providers with sales and marketing solutions to reach and serve their target customers more effectively through online and mobile channels and enhance their competitiveness by providing them with tailored data risk management and end-to-end solutions. We are committed to maintaining an independent open platform which allows us to serve the needs of users and financial service providers impartially. Click Here to get the full Stock Report for Jianpu Technology Inc - ADR stock.

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