The market has been high on Good Gaming Inc (GMER) stock recently. GMER gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
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.
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 GMER Stock Today?
Good Gaming Inc (GMER) stock has fallen -4.54% while the S&P 500 has risen 0.08% as of 9:48 AM on Monday, Jul 12. GMER is down -$0.03 from the previous closing price of $0.60 on volume of 1,637,256 shares. Over the past year the S&P 500 has gained 38.60% while GMER has risen 5600.00%. GMER lost -$0.01 per share in the over the last 12 months.
More About Good Gaming Inc
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Good Gaming Inc is a development stage company. It owns and operates the e-Sports tournament and social networking platform. It also provides videos, blogs, and articles authored by world-renowned professional gamers. The company focuses on hosting multiple games online that subscribers can play for free or for fees depending on player level. It also offers social networking functionality, which helps gamers to interact, track each other and communicate.
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