Pot stock SNDL Inc (SNDL) is in the clouds Friday, increasing 1.39%. Overall market sentiment has been neutral on SNDL Inc (SNDL) stock lately. SNDL receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.
SNDL Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on SNDL!
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 SNDL Stock Today?
SNDL Inc (SNDL) stock is up 1.39% while the S&P 500 has fallen -0.04% as of 11:54 AM on Friday, Nov 24. SNDL has gained $0.02 from the previous closing price of $1.48 on volume of 414,202 shares. Over the past year the S&P 500 has risen 13.10% while SNDL has fallen -42.53%. SNDL lost -$0.64 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for SNDL Inc click here.
More About SNDL Inc
Sundial Growers Inc is engaged in producing and marketing cannabis for the adult-use market. Some of its products are Lemon Riot, Daydream, Zen Berry, Twilight, Tropical Bliss, Pillow Talk, Citrus Punch, and others. The company's primary focus is on producing and distributing inhalable products and brands (flower, pre-rolls, and vapes). some of its brands include Sundial, Top Leaf, Palmetto, and Grasslands. Its three reportable segments: are cannabis operations, retail operations and investments.
Click Here to get the full Stock Report for SNDL Inc stock.
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