Where Will Mainz Biomed NV (MYNZ) Stock Go Next After It Is Up 4.12% in a Week?

Mainz Biomed NV (MYNZ) stock has gained 4.12% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Mainz Biomed NV has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on MYNZ!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With MYNZ Stock Today?

Mainz Biomed NV (MYNZ) stock is trading at $1.01 as of 10:07 AM on Friday, Mar 15, a decline of -$0.01, or -0.98% from the previous closing price of $1.02. The stock has traded between $1.01 and $1.07 so far today. Volume today is less active than usual. So far 3,235 shares have traded compared to average volume of 107,817 shares. To screen for more stocks like Mainz Biomed NV click here.

More About Mainz Biomed NV

Mainz Biomed BV is engaged in developing molecular genetic diagnostic solutions for life-threatening conditions. It's main product Coloalert is a kit that includes a stool collector and shipping instructions to return the kit through regular mail to their local lab for testing and results. Click Here to get the full Stock Report for Mainz Biomed NV stock.