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Planet 13 Holdings Inc (PLNHF) Is Neutral Tuesday: Are Investors Bullish or Bearish On This Cannabis Stock?

Tuesday, October 18, 2022 03:48 PM | InvestorsObserver Analysts

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Planet 13 Holdings Inc (PLNHF) Is Neutral Tuesday: Are Investors Bullish or Bearish On This Cannabis Stock?

Cannabis stock Planet 13 Holdings Inc is neutral Tuesday. Overall market sentiment has been high on Planet 13 Holdings Inc (PLNHF) stock lately. PLNHF receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Planet 13 Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PLNHF!

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. 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 PLNHF Stock Today?

Planet 13 Holdings Inc (PLNHF) stock is trading at $1.28 as of 3:32 PM on Tuesday, Oct 18, of $0.00, or 0% from the previous closing price of $1.28. Volume today is light. So far 122,850 shares have traded compared to average volume of 263,159 shares. The stock has traded between $1.17 and $1.32 so far today. To screen for more stocks like Planet 13 Holdings Inc click here.

More About Planet 13 Holdings Inc

Planet 13 Holdings Inc operate as an integrated cannabis company based in Nevada, with cultivation, production and dispensary operations in Las Vegas. The company is focused on providing an unparalleled dispensary experience and optimizing cultivation efficiencies through its technology as the vanguard of cannabis. Click Here to get the full Stock Report for Planet 13 Holdings Inc stock.

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