Good Gaming, Inc. By Benzinga

©Reuters. Quick Volatility Alert: Good Gaming, Inc.

Good Gaming, Inc. (OTC: GMER) shares saw volatile short activity on Monday. After the activity, the stock price dropped -6.40% to $0.0625.

The overall sentiment for GMER was neutral.

The volatility alert signal shows a bearish trend. Therefore, the recommendation is to increase the short-term exposure.

The volatility alert was created on the previous trading day 27/9/2022 with a volatility change of +111.069%. The current volatility indicator stands at 6.258.

Overview: The Securities Lending Volatility Indicator is produced by Tidal Markets in partnership with Benzinga Insights. Securities lending is primarily used to provide liquidity to short sellers. When there is unusual activity in the securities lending markets, this acts as an upstream indicator of what is likely to happen downstream in the regular stock market.

Understanding the Volatility Alert: Overall sentiment is considered “bearish” when the stock’s broad market activity has been shown to indicate a negative directional basis, or “bullish” when it indicates a positive directional basis. The Securities Lending Volatility Indicator gives a signal when it detects unusual short activity. Unusual short activity is based on a computer generated algorithmic formula using securities lending trading details such as: B. the volume of shares that are sold short, the rate that is paid to sell the shares short, and the type of collateral posted – among other variables. The current volatility is the calculated securities lending volatility value of the respective trading day. The percentage change in volatility is the percentage difference in volatility between the last two days. The recommendation is a suggestive strategy derived from the strength of the signal trend, the current volatility and the % change in volatility. Recommendations may include Strong Buy, Strong Sell, Increase Short Exposure, Decrease Short Exposure, or Market Neutral.


© 2022 Benzinga does not provide investment advice. All rights reserved.

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