Overall market sentiment has been neutral on Cannabis Strategic Ventures (NUGS) stock lately. NUGS receives a Neutral rating from InvestorsObserver's Stock Sentiment Indicator.
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 NUGS Stock Today?
Cannabis Strategic Ventures (NUGS) stock is trading at $0.07 as of 3:03 PM on Tuesday, Feb 2, an increase of $0.01, or 8.82% from the previous closing price of $0.07. The stock has traded between $0.06 and $0.08 so far today. Volume today is elevated. So far 2,727,249 shares have traded compared to average volume of 1,840,272 shares.
More About Cannabis Strategic Ventures
Cannabis Strategic Ventures focuses on medical and legal recreational cannabis sector. It provides temporary, permanent, and long-term staffing solutions, employment and human resources consulting to the legal Cannabis sector.