Overall market sentiment has been down on Akerna Corp (KERN) stock lately. KERN receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
Akerna Corp has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on KERN!
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
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 KERN Stock Today?
Akerna Corp (KERN) stock is trading at $0.09 as of 3:49 PM on Friday, Sep 30, a loss of $0.00, or -4.04% from the previous closing price of $0.09. The stock has traded between $0.09 and $0.09 so far today. Volume today is low. So far 2,190,561 shares have traded compared to average volume of 19,982,572 shares.
To see InvestorsObserver's Sentiment Score for Akerna Corp click here.
More About Akerna Corp
Akerna Corp is a United States-based company. The firm is the first compliance technology company in the cannabis space. It offers MJ Platform and Leaf Data Systems which are platforms that provide clients and government entities with a central data management system for tracking regulated cannabis products from seed to product to shelf to customer through the supply chain.
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