This Cannabis Stock Has a Bullish Sentiment Score and is Rising: Should You Add Endexx Corp (EDXC) Thursday?

Thursday, September 08, 2022 03:12 PM | InvestorsObserver Analysts

Mentioned in this article

EDXC stock is higher by 16.22% Thursday as the cannabis stock increases $0.01 and outperforms the market. The market has been high on Endexx Corp (EDXC) stock recently. EDXC gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Endexx Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on EDXC!
See Full EDXC Report

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. 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 EDXC Stock Today?

Endexx Corp (EDXC) stock is trading at $0.04 as of 1:43 PM on Thursday, Sep 8, a gain of $0.01, or 16.22% from the previous closing price of $0.04. The stock has traded between $0.04 and $0.04 so far today. Volume today is high. So far 309,525 shares have traded compared to average volume of 234,830 shares. To screen for more stocks like Endexx Corp click here.

More About Endexx Corp

Endexx Corporation is a micro-cap publicly traded company, representing the interest of its shareholders and collaborating with doctors, independent software developers, scientists, engineers, and other companies to build businesses that can thrive collectively in the equity markets. Endexx's team recognizes that individually small companies with new technologies have an extremely difficult time sustaining themselves as stand-alone companies. Through our collaborative practices, individual and group skill sets are better utilized to develop technology and grow the business, while centralizing costs and eliminating redundancies. Click Here to get the full Stock Report for Endexx Corp stock.

Share this article:

Related Articles