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How Will the Market React to CEA Industries Inc (CEAD) Stock Getting a Bullish Rating

Tuesday, May 17, 2022 11:00 AM | InvestorsObserver Analysts

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How Will the Market React to CEA Industries Inc (CEAD) Stock Getting a Bullish Rating

CEA Industries Inc (CEAD) stock has fallen 2.24% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bullish
CEA Industries Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CEAD!

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 CEAD Stock Today?

CEA Industries Inc (CEAD) stock has fallen -4.52% while the S&P 500 is up 0.88% as of 10:59 AM on Tuesday, May 17. CEAD is lower by -$0.06 from the previous closing price of $1.37 on volume of 533,062 shares. Over the past year the S&P 500 has fallen -2.89% while CEAD is lower by -87.96%. CEAD lost -$2.33 per share in the over the last 12 months. To screen for more stocks like CEA Industries Inc click here.

More About CEA Industries Inc

Surna Inc designs, engineers and manufactures application-specific environmental control and air sanitation systems for commercial, state and provincial-regulated indoor cannabis cultivation facilities in the U.S. and Canada. Its engineering and technical team provides energy and water-efficient solutions that allow growers to meet demands of an indoor cannabis cultivation environment through precise temperature, humidity, and process controls and to satisfy the evolving code and regulatory requirements at the state, provincial and local levels. Click Here to get the full Stock Report for CEA Industries Inc stock.

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