VINE Stock Summary and Trading Ideas (Fresh Vine Wine | AMEX:VINE)

Fresh Vine Wine Inc is a producer of low-carb, low-calorie premium wines in the United States. The company's wine collection features a California Cabernet Sauvignon, Pinot Noir, Chardonnay, California Rose wine, and a Limited Reserve Napa Cabernet.

Fresh Vine Wine trades on the AMEX stock market under the symbol VINE.

As of December 13, 2024, VINE stock price declined to $0.66 with 87,614 million shares trading.

VINE has a beta of 1.40, meaning it tends to be more sensitive to market movements. VINE has a correlation of 0.02 to the broad based SPY ETF.

VINE has a market cap of $10.62 million. This is considered a Sub-Micro Cap stock.

VINE has underperformed the market in the last year with a price return of +5.5% while the SPY ETF gained +29.9%. However, in the short term, VINE had mixed performance relative to the market. It has outperformed in the last 3 months, returning +17.3% vs +7.8% return in SPY. But in the last 2 weeks, VINE shares have been beat by the market, returning -3.3% compared to an SPY return of +0.3%.

VINE support price is $.62 and resistance is $.72 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VINE shares will trade within this expected range on the day.