Earth Science Tech Inc (ETST) stock has risen 50.00% over the past week and gets a Bullish rating from InvestorsObserver's 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.
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 ETST Stock Today?
Earth Science Tech Inc (ETST) stock is unmoved 11.54% while the S&P 500 has gained 0.79% as of 2:25 PM on Tuesday, Jan 5. ETST is unchanged $0.00 from the previous closing price of $0.03 on volume of 262,155 shares. Over the past year the S&P 500 has risen 14.90% while ETST has fallen -62.50%. ETST lost -$0.11 per share in the over the last 12 months.
More About Earth Science Tech Inc
Earth Science Tech Inc is a biotechnology company. The company is engaged in research and development for hemp cannabinoid (CBD), nutraceutical, pharmaceutical, medical device. Its products include CBD Hemp Oil, CBD Capsules, CBD Pets, and CBD Chocolates. The company products help in Health and Wellness benefits including a digestive aid that regulates appetite and eases symptoms of nausea and vomiting, analgesic pain relief, relief from anxiety, anti-tumour and anti-cancer benefits, and antipsychotic. It generates revenue from the sale of oils powders and gelcaps.