Should You Buy JPMorgan Chase & Co (JPM) Stock After it Has Fallen 2.80% in a Week?

The market has been down on JPMorgan Chase & Co (JPM) stock recently. JPM gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

JPMorgan Chase & Co has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on JPM!

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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 JPM Stock Today?

JPMorgan Chase & Co (JPM) stock has fallen -0.41% while the S&P 500 has gained 1.01% as of 10:22 AM on Wednesday, Aug 3. JPM is down -$0.44 from the previous closing price of $112.45 on volume of 3,240,561 shares. Over the past year the S&P 500 is down -5.81% while JPM is down -25.90%. JPM earned $12.46 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 8.99. To see InvestorsObserver's Sentiment Score for JPMorgan Chase & Co click here.

More About JPMorgan Chase & Co

JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $4 trillion in assets. It is organized into four major segments--consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates, and is subject to regulation, in multiple countries. Click Here to get the full Stock Report for JPMorgan Chase & Co stock.