How Will the Market React to Charlotte's Web Holdings Inc (CWBHF) Stock Getting a Bearish Rating

The market has been down on Charlotte's Web Holdings Inc (CWBHF) stock recently. CWBHF gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Charlotte's Web Holdings Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CWBHF!

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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. 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 CWBHF Stock Today?

Charlotte's Web Holdings Inc (CWBHF) stock is trading at $0.14 as of 12:10 PM on Friday, Feb 16, a loss of $0.00, or -1.83% from the previous closing price of $0.14. The stock has traded between $0.12 and $0.14 so far today. Volume today is less active than usual. So far 132,262 shares have traded compared to average volume of 378,202 shares. To see InvestorsObserver's Sentiment Score for Charlotte's Web Holdings Inc click here.

More About Charlotte's Web Holdings Inc

Charlottes Web Holdings Inc is engaged in the production and distribution of hemp-based cannabidiol (CBD) wellness products. Its product categories include ingestible products (tinctures, capsules, and gummies), topicals, and pet products. The company distributes its products through an e-commerce website, third-party e-commerce websites, select distributors, health practitioners, and a variety of brick and mortar specialty retailers. Click Here to get the full Stock Report for Charlotte's Web Holdings Inc stock.