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Is VIVO Cannabis Inc (VVCIF) Stock About to Get Hot Monday?

Monday, March 07, 2022 03:55 PM | InvestorsObserver Analysts

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Is VIVO Cannabis Inc (VVCIF) Stock About to Get Hot Monday?

VIVO Cannabis Inc (VVCIF) stock is lower by 16.67% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bearish
VIVO Cannabis Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on VVCIF!

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. 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 VVCIF Stock Today?

VIVO Cannabis Inc (VVCIF) stock is trading at $0.05 as of 10:42 AM on Monday, Mar 7, a drop of $0.00, or -2.18% from the previous closing price of $0.06. The stock has traded between $0.05 and $0.06 so far today. Volume today is below average. So far 38,142 shares have traded compared to average volume of 98,874 shares. To see InvestorsObserver's Sentiment Score for VIVO Cannabis Inc click here.

More About VIVO Cannabis Inc

VIVO Cannabis Inc is a Canada-based company. It is involved in the production and sale of medical and recreational cannabis and the provision of cannabis related medical information and services in Canada. The company's operating segment includes Cannabis; Patient Clinics and Corporate. It generates maximum revenue from the Cannabis segment. The company has a presence across three geographical locations - Canada, Germany, and Australia. Click Here to get the full Stock Report for VIVO Cannabis Inc stock.

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