Jupiter Wellness Inc (JUPW) Stock: What Does the Chart Say Thursday?

Thursday, September 14, 2023 01:54 PM | InvestorsObserver Analysts

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Jupiter Wellness Inc (JUPW) Stock: What Does the Chart Say Thursday?

Jupiter Wellness Inc (JUPW) stock has risen 26.50% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Jupiter Wellness Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on JUPW!

See Full JUPW Report

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. 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 JUPW Stock Today?

Jupiter Wellness Inc (JUPW) stock is trading at $1.48 as of 1:46 PM on Thursday, Sep 14, a gain of $0.12, or 8.9% from the previous closing price of $1.36. The stock has traded between $1.20 and $1.49 so far today. Volume today is 1,227,937 compared to average volume of 1,084,860.

More About Jupiter Wellness Inc

Jupiter Wellness Inc is a wellness hemp-derived cannabidiol, consumer product development company. It is engaged in manufacturing, distributing, and marketing of consumer products infused with CBD. Its products include CaniSun, CaniSkin and CaniDermRX. Under the CaniSun brand name. The business has two reportable segments sales and development of cannabidiol (CBD) based skincare and therapeutic products and sales of merchandise sold to theme parks. Click Here to get the full Stock Report for Jupiter Wellness Inc stock.