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 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 JKS Stock Today?
JinkoSolar Holding Co., Ltd (JKS) stock is trading at $51.07 as of 2:14 PM on Friday, Mar 31, a rise of $0.54, or 1.07% from the previous closing price of $50.53. The stock has traded between $50.30 and $51.71 so far today. Volume today is less active than usual. So far 330,139 shares have traded compared to average volume of 869,316 shares.
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More About JinkoSolar Holding Co., Ltd
JinkoSolar Holding Co Ltd is engaged in the photovoltaic industry. The firm has built a vertically integrated solar power product value chain, manufacturing from silicon wafers to solar modules. It sells solar modules under the JinkoSolar brand. The company's product includes Swan, Tiger, Cheetah, and others. Its geographical segments are China (including Hong Kong and Taiwan), North America, Europe, Asia Pacific (except China, which includes Hong Kong and Taiwan), and the Rest of the world.
Click Here to get the full Stock Report for JinkoSolar Holding Co., Ltd stock.
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