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Where Will Veritone Inc (VERI) Stock Go Next After It Has Risen 3.25% in a Week?

Thursday, April 08, 2021 10:40 AM | InvestorsObserver Analysts
Where Will Veritone Inc (VERI) Stock Go Next After It Has Risen 3.25% in a Week?

The market has been down on Veritone Inc (VERI) stock recently. VERI gets a Bearish score from InvestorsObserver's Stock Sentiment Indicator.

Sentiment Score - ,bearish
Veritone Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on VERI!

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.

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 VERI Stock Today?

Veritone Inc (VERI) stock is trading at $24.76 as of 10:37 AM on Thursday, Apr 8, a gain of $1.26, or 5.38% from the previous closing price of $23.50. The stock has traded between $23.72 and $25.29 so far today. Volume today is below average. So far 148,160 shares have traded compared to average volume of 1,028,423 shares.

To see InvestorsObserver's Sentiment Score for Veritone Inc click here.

More About Veritone Inc

Veritone Inc is a cloud-based cognitive software company. Its proprietary artificial intelligence platform unlocks the power of cognitive computing to transform unstructured audio and video data and analyze it in conjunction with structured data in a seamless, automated manner to generate actionable intelligence. The open platform integrates an ecosystem of a variety of cognitive engines. Its segment compriseAdvertising, aiWARE Content Licensing and Media Services, and aiWARE SaaS Solutions. The company's platform stores the results in a searchable, time-correlated database to create a rich, online, searchable index of audio, video, and structured data, enabling users to analyze the information in near real-time to drive business decisions and insights.

Click Here to get the full Stock Score Report on Veritone Inc (VERI) Stock.

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