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.
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 CBDS Stock Today?
Cannabis Sativa Inc (CBDS) stock is unchanged -11.65% while the S&P 500 has risen 0.81% as of 11:25 AM on Thursday, Sep 28. CBDS is unchanged $0.00 from the previous closing price of $0.01 on volume of 428,819 shares. Over the past year the S&P 500 is up 18.15% while CBDS has fallen -83.33%. CBDS lost -$0.03 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Cannabis Sativa Inc click here.
More About Cannabis Sativa Inc
Cannabis Sativa Inc along with its subsidiaries engages in the telemedicine business. It offers an online telemedicine platform providing customers access to knowledgeable physicians to obtain a medical marijuana recommendation.
Click Here to get the full Stock Report for Cannabis Sativa Inc stock.
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