Is The Rally Over? Vinco Ventures Inc (NASDAQ:BBIG)

Vinco Ventures Inc (NASDAQ:BBIG) ended slightly lower on Tuesday. Was that the end of the recent up move? The stock is trading lower pre market Wednesday.

Market Action

On Tuesday, BBIG moved down by 0.75% and end the session at $2.63. Total volume was 3.65 million shares, compared to its average volume of 3.35 million shares. The stock opened at $2.64 and moved within a wide range of $ 2.5300 – 2.9200.

BBIG Recent News

Vinco Ventures Announces Two Million Dollar Pre-Sale of the First of Three Exclusive Emmersive-NFTs (E-NFTs)

  • BBIG announced its subsidiary, EVNT Platform, LLC (d/b/a Emmersive Entertainment), has pre-sold the first of three exclusive Emmersive NFTs (E-NFTs) released as a package investment to a private third-party investor.
  • The deal structure includes an initial payment of Two Million Dollars ($2,000,000) for the three-celebrity set.
  • The unique digital assets are expected to generate additional monies through revenue sharing based upon their individual sale prices determined in an upcoming digital art auction at one of the world’s preeminent auction houses.

“We are thrilled to have executed our first pre-sales in the space,” said Emmersive Co-Founder, David J. Kovacs. “We will re-define digital art and entertainment through our Augmented Reality Experience and look to continue to push the limits on technology. We are confident this is only the beginning as our company becomes an industry leader within the NFT universe,” added Kovacs.

Trader Notes

Share Information

SHARE FLOAT (%)19.35 M (70.52%)

Recent Stock Performance

5-DAY PERF.+8.68%
1-MONTH PERF.+25.24%
3-MONTH PERF.-34.09%
6-MONTH PERF.+76.51%
YTD PERF.+91.97%
1-YEAR PERF.+7.79%

Moving Averages

+/- EMA(20)2.45 (+7.35%)
+/- SMA(50)2.62 (+0.38%)
+/- SMA(200)2.32 (+13.36%)

Pivot Points

NameS3S2S1Pivot PointsR1R2R3

Technical Indicators

CCI20132.0381BuyChaikin Money Flow-0.0874Sell
MACD-0.0469SellMoney Flow Index69.0109Neutral
STOCH (14,3)63.2911BuySTOCH RSI0.9400OverBought
UO45.9422BuyWilliams %R-36.7089Neutral

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