Are Dolphin Entertainment Inc (DLPN) shares about to get hot on Thursday?

The market has been high on shares of Dolphin Entertainment Inc (DLPN) recently. DLPN gets a bullish score of InvestorsObserver’s Stock market sentiment indicator.

Dolphin Entertainment Inc has a bullish sentiment reading. Find out what this means for you and get the rest of the rankings on DLPN!

What is stock market sentiment?

When making investment decisions, sentiment provides good insight into what investors are currently favoring. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as company profitability. This means that results updates and other news can have a huge impact on overall sentiment.

Sentiment is what investors, or the market, think of a stock. There are many ways to measure sentiment. Basically, the sentiment is quite easy to understand. If a stock goes up, investors should be bullish, while if it goes down, sentiment is bearish.

InvestorsObserverThe s sentiment indicator looks at price trends over the past week and also takes volume changes into account. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is coming to an end.

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 often bets that the price will go down.

What’s going on with DLPN stocks today?

Shares of Dolphin Entertainment Inc (DLPN) are trading at $7.01 at 3:14 p.m. on Thursday, February 11, a gain of $2.15, or 44.24% from the previous closing price of 4.86 $. The stock has traded between $4.61 and $7.12 so far today. Today the volume is high. So far, 5,706,338 shares have been traded with an average volume of 643,800 shares.

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Learn more about Dolphin Entertainment Inc.

Dolphin Entertainment Inc is a digital entertainment content production and distribution company. It produces digital series and has also launched a feature film division dedicated to producing motion pictures for family audiences. The company’s digital series includes Aim High, Cybergeddon and Southbeach and movies include Max Steel and Believe.

Click here for the full Dolphin Entertainment Inc (DLPN) stock score report.

Helen D. Jessen