Overall market sentiment has been high on JetBlue Airways Corporation (JBLU) stock lately. JBLU receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
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.
Recent trends are a good indator 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 JBLU Stock Today?
JetBlue Airways Corporation (JBLU) stock has gained 0.23% while the S&P 500 is lower by 0% as of 3:52 PM on Thursday, Aug 6. JBLU has risen $0.03 from the previous closing price of $10.75 on volume of 9,288,732 shares. Over the past year the S&P 500 is up 15.47% while JBLU is lower by -43.70%. JBLU lost -$0.95 per share in the over the last 12 months.
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More About JetBlue Airways Corporation
JetBlue Airways Corp is a low-cost airline that offers high-quality service, including assigned seating and in-flight entertainment. It carries over millions of customers with an average of more than 1,000 daily flights and served approximately 99 destinations in the United States, the Caribbean, and Latin America. The company currently operates Airbus A321, Airbus A320, and Embraer E190 aircraft types.
