Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
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 SHMP Stock Today?
NaturalShrimp Inc (SHMP) stock is down -3.79% while the S&P 500 has gained 0.49% as of 9:35 AM on Monday, Dec 27. SHMP has fallen -$0.01 from the previous closing price of $0.33 on volume of 345,251 shares. Over the past year the S&P 500 is higher by 27.13% while SHMP has fallen -3.03%. SHMP lost -$0.03 per share in the over the last 12 months.
More About NaturalShrimp Inc
NaturalShrimp Inc is a shrimp farming biotechnology company. The firm with its subsidiaries develops proprietary technologies for the growth and sale of natural shrimp indoors without the use of antibiotics or toxic materials. Its products include Vibrio suppression technology and Automated monitoring and control system.
Click Here to get the full Stock Report for NaturalShrimp Inc stock.
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