How Will the Market React to Blade Air Mobility Inc (BLDE) Stock Getting a Bullish Rating

The market has been high on Blade Air Mobility Inc (BLDE) stock recently. BLDE gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Blade Air Mobility Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on BLDE!

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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. 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 BLDE Stock Today?

Blade Air Mobility Inc (BLDE) stock has gained 0.14% while the S&P 500 has fallen -0.19% as of 3:32 PM on Friday, Dec 29. BLDE is higher by $0.01 from the previous closing price of $3.60 on volume of 942,968 shares. Over the past year the S&P 500 has gained 26.19% while BLDE is higher by 7.12%. BLDE lost -$0.52 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Blade Air Mobility Inc click here.

More About Blade Air Mobility Inc

Blade Air Mobility Inc is a technology-powered urban air mobility platform committed to reducing travel friction by providing cost-effective air transportation alternatives to some of the most congested ground routes in the U.S. and abroad. Blade generates revenue through the sale of air travel services. Click Here to get the full Stock Report for Blade Air Mobility Inc stock.