ZimVie Inc (ZIMV) Stock: What Does the Chart Say Tuesday?

Overall market sentiment has been down on ZimVie Inc (ZIMV) stock lately. ZIMV receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

ZimVie Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on ZIMV!

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What is Stock Sentiment?

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. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With ZIMV Stock Today?

ZimVie Inc (ZIMV) stock is trading at $5.47 as of 11:21 AM on Tuesday, Mar 7, a decline of -$0.54, or -8.99% from the previous closing price of $6.01. The stock has traded between $5.39 and $6.06 so far today. Volume today is low. So far 426,495 shares have traded compared to average volume of 685,021 shares.

More About ZimVie Inc

ZimVie Inc is focused on the dental and spine markets and their respective growth drivers such as implants, surgical tools, bone graft substitutes, spinal fusion implants, non-fusion alternatives, and digital care management solutions. Business is organized into two operating segments the spine products segment and the dental products segment. Click Here to get the full Stock Report for ZimVie Inc stock.