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.
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 VINE Stock Today?
Fresh Vine Wine Inc (VINE) stock has risen 1.2% while the S&P 500 is lower by -0.57% as of 12:30 PM on Thursday, Jan 11. VINE has gained $0.01 from the previous closing price of $0.94 on volume of 474,870 shares. Over the past year the S&P 500 is up 21.35% while VINE has gained 2.15%. VINE lost -$0.85 per share in the over the last 12 months.
More About Fresh Vine Wine Inc
Fresh Vine Wine Inc is a producer of low carb, low calorie premium wines in the United States. The company's wine collection features a California Cabernet Sauvignon, Pinot Noir, Chardonnay, California Rose wine, and a Limited Reserve Napa Cabernet.
Click Here to get the full Stock Report for Fresh Vine Wine Inc stock.
Share this article:
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You're all set to receive the Morning Update newsletter
