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HIVE Blockchain Technologies Ltd (HIVE) Stock: What Does the Chart Say Friday?

Friday, February 03, 2023 03:55 PM | InvestorsObserver Analysts

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HIVE Blockchain Technologies Ltd (HIVE) Stock: What Does the Chart Say Friday?

The market has been high on HIVE Blockchain Technologies Ltd (HIVE) stock recently. HIVE gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
HIVE Blockchain Technologies Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on HIVE!

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. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. 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 frequently bets that the price will fall.

What's Happening With HIVE Stock Today?

HIVE Blockchain Technologies Ltd (HIVE) stock is trading at $3.73 as of 3:44 PM on Friday, Feb 3, a loss of -$0.40, or -9.6% from the previous closing price of $4.13. The stock has traded between $3.72 and $4.11 so far today. Volume today is 1,489,642 compared to average volume of 1,423,070.

More About HIVE Blockchain Technologies Ltd

HIVE Blockchain Technologies Ltd is in the business of providing infrastructure solutions in the blockchain industry, including the mining of digital currencies. Its projects include Iceland Cryptocurrency Mining Project. Click Here to get the full Stock Report for HIVE Blockchain Technologies Ltd stock.

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