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Is Joby Aviation Inc (JOBY) a Stock to Watch After Gaining 28.34% This Week?

Monday, August 08, 2022 09:47 AM | InvestorsObserver Analysts

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Is Joby Aviation Inc (JOBY) a Stock to Watch After Gaining 28.34% This Week?

Overall market sentiment has been high on Joby Aviation Inc (JOBY) stock lately. JOBY receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Joby Aviation Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on JOBY!

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. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With JOBY Stock Today?

Joby Aviation Inc (JOBY) stock is trading at $7.02 as of 9:47 AM on Monday, Aug 8, a rise of $0.37, or 5.56% from the previous closing price of $6.65. The stock has traded between $6.76 and $7.02 so far today. Volume today is light. So far 216,235 shares have traded compared to average volume of 3,381,157 shares. To screen for more stocks like Joby Aviation Inc click here.

More About Joby Aviation Inc

Joby Aviation Inc is a transportation company developing an all-electric vertical take-off and landing aircraft which it intends to operate as part of a fast, quiet, and convenient air taxi service. Click Here to get the full Stock Report for Joby Aviation Inc stock.

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