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.
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 CANN Stock Today?
Trees Corp (CANN) stock is flat -1.48% while the S&P 500 is up 0.95% as of 11:19 AM on Monday, Oct 16. CANN is unmoved $0.00 from the previous closing price of $0.14 on volume of 27,774 shares. Over the past year the S&P 500 is higher by 18.78% while CANN is lower by -35.00%. CANN lost -$0.12 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Trees Corp click here.
More About Trees Corp
General Cannabis Corp provides services and products to the cannabis industry. The segments of the company are Retail and Cultivation. It generates maximum revenue from the Retail segment.
Click Here to get the full Stock Report for Trees Corp stock.
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