Technical Analysis for ACB - Aurora Cannabis Inc

Grade Last Price % Change Price Change
C 9.400 6.09% 0.540
ACB closed down 3.17 percent on Wednesday, May 8, 2024, on 50 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down

Date Alert Name Type % Chg
Calm After Storm Range Contraction 6.09%
NR7 Range Contraction 6.09%
NR7-2 Range Contraction 6.09%
Narrow Range Bar Range Contraction 6.09%
Wide Bands Range Expansion 6.09%
20 DMA Resistance Bearish 2.73%
1,2,3 Pullback Bullish Bullish Swing Setup 2.73%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 2.73%
Calm After Storm Range Contraction 2.73%
NR7 Range Contraction 2.73%

   Recent Intraday Alerts

Alert Time
Rose Above 20 DMA about 2 hours ago
Rose Above Previous Day's High about 2 hours ago
20 DMA Resistance about 2 hours ago
Outside Day about 2 hours ago
Up 5% about 2 hours ago

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Profile

Aurora Cannabis Inc Description

Aurora Cannabis Inc, formerly Prescient Mining Corp, is a Canada-based company, which is in the business of producing and distributing medical marijuana pursuant to the Access to Cannabis for Medical Purposes Regulations (ACMPR). The Company’s primary business consists of the sale of dried medical cannabis. The Company’s principal market is patients who use medical cannabis in Canada. It operates under the following segments: the production and sale of medical cannabis, as well as patient counseling and outreach services. The Company sells dried medical cannabis by direct delivery to patients through physical delivery services, as well as ordering services through the phone and the Company’s online shop and mobile application. The Company operates its business through its subsidiaries: Aurora Marijuana Inc, Aurora Cannabis Enterprises Inc, 1769474 Alberta Ltd, Australis Capital Inc, CanvasRx Inc and 10094595 Canada Inc.


Classification

Sector: Healthcare
Industry: Drug Manufacturers - Specialty & Generic
Keywords: Mining Health Mobile Medicine Cannabis Delivery Mobile App Medicinal Plants Herbalism Medical Cannabis Cannabis In Canada Aurora Marijuana Pharmaceuticals Policy Access To Cannabis For Medical Purposes Regulations Canopy Growth Corporation

Is ACB a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 15.5
52 Week Low 3.84
Average Volume 2,574,925
200-Day Moving Average 6.844
50-Day Moving Average 7.157
20-Day Moving Average 9.265
10-Day Moving Average 9.565
Average True Range 1.221
RSI (14) 50.74
ADX 45.75
+DI 27.064
-DI 14.201
Chandelier Exit (Long, 3 ATRs) 9.186
Chandelier Exit (Short, 3 ATRs) 11.174
Upper Bollinger Bands 11.147
Lower Bollinger Band 7.382
Percent B (%b) 0.39
BandWidth 40.648
MACD Line 0.534
MACD Signal Line 0.748
MACD Histogram -0.2144
Fundamentals Value
Market Cap 1.63 Billion
Num Shares 184 Million
EPS -0.29
Price-to-Earnings (P/E) Ratio -30.55
Price-to-Sales 4.85
Price-to-Book 1.08
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.580
Resistance 3 (R3) 9.610 9.400 9.460
Resistance 2 (R2) 9.400 9.217 9.385 9.420
Resistance 1 (R1) 9.130 9.103 9.025 9.100 9.380
Pivot Point 8.920 8.920 8.868 8.905 8.920
Support 1 (S1) 8.650 8.737 8.545 8.620 8.340
Support 2 (S2) 8.440 8.623 8.425 8.300
Support 3 (S3) 8.170 8.440 8.260
Support 4 (S4) 8.140