The market has been down on JPMorgan Chase & Co. (JPM) stock recently. JPM gets a Bearish score 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 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 JPM Stock Today?
JPMorgan Chase & Co. (JPM) stock is trading at $151.28 as of 1:08 PM on Thursday, Apr 15, an increase of $0.07, or 0.05% from the previous closing price of $151.21. Volume today is less active than usual. So far 9,770,007 shares have traded compared to average volume of 16,772,696 shares. The stock has traded between $149.32 and $151.94 so far today.
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 more than $3 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 Score Report on JPMorgan Chase & Co. (JPM) Stock.
