Buy, Sell, Or Hold? Kaival Brands Innovations Group, Inc. (OTCMKTS:KAVL)

Kaival Brands Innovations Group, Inc. (OTCMKTS:KAVL) is trading sideways, with the volume being higher than average. Will it hold or go down?

Market Action

On Thursday, KAVL stock closed at $1.080 gained 4.85% to $0.050. The stock has a total volume of almost 346K shares, 40% above its average volume of 213K. The stock has moved in a narrow range of $1.010 – $1.155 after opening at $1.03.

KAVL Business Description

Kaival Brands Innovations Group, Inc. (OTCMKTS:KAVL) is based in Grant, Florida. Kaival Brands is the exclusive global distributor of all BidiVapor products. 

KAVL Latest Developments

Kaival Brands Innovations Group today announced a purchase order

  • Kaival Brands announced purchase orders from General Store Warehouse (GSW) worth $22.4 Million.
  • The order is to distribute BidiVapor products throughout its network. By allowing access to Bidivapor to more store-level operators, GSW is presenting its focus on distributor class trade. 
  • According to Nielsen market share data,Bidivapor’sBidi stick is the fastest closed-end disposable electronic nicotine delivery system. 

Trader Notes

Share Information

SHARES OUTSTANDING 282.80 M
SHARE FLOAT (%) 77.59 M (27.44%)
% HELD BY INSTITUTIONS

Recent Stock Performance

5-DAY PERF. +3.85%
1-MONTH PERF. -34.55%
3-MONTH PERF. -62.11%
6-MONTH PERF. +89.47%
YTD PERF. +151.16%
1-YEAR PERF. +1561.54%

Moving Averages

+/- EMA(20) 1.20 (-10.00%)
+/- SMA(50) 1.54 (-29.87%)
+/- SMA(200) 1.06 (+1.89%)

Pivot Points

Name S3 S2 S1 Pivot Points R1 R2 R3
Classic 0.8633 0.9367 1.0083 1.0817 1.1533 1.2267 1.2983
Fibonacci 0.9367 0.9921 1.0263 1.0817 1.1371 1.1713 1.2267

Technical Indicators

Symbol Value Result Symbol Value Result
ADX 29.1651 Sell ATR14 0.1761
CCI20 -62.3175 Sell Chaikin Money Flow -0.2195 Sell
MACD -0.1940 Sell Money Flow Index 36.4105 Buy
ROC -3.5714 Sell RSI 34.4028 Buy
STOCH (14,3) 23.8095 Buy STOCH RSI 1.0000 OverBought
UO 39.6641 Sell Williams %R -76.1905 Neutral

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