Technical Analysis for ACB - Aurora Cannabis Inc

Grade Last Price % Change Price Change
F 6.050 0.50% 0.030
ACB closed up 0.5 percent on Friday, November 22, 2024, on 61 percent of normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
3 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Doji - Bearish? Reversal 0.00%
Wide Bands Range Expansion 0.00%
Up 3 Days in a Row Strength 0.00%
Oversold Stochastic Weakness 0.00%
Slingshot Bearish Bearish Swing Setup 0.50%
Wide Bands Range Expansion 0.50%
Oversold Stochastic Weakness 0.50%
New Downtrend Bearish 1.68%
Hammer Candlestick Bullish 1.68%

   Recent Intraday Alerts

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

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 Aurora Cannabis In Canada Pharmaceuticals Policy Marijuana 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 12.85
52 Week Low 3.84
Average Volume 519,876
200-Day Moving Average 7.535
50-Day Moving Average 7.398
20-Day Moving Average 6.935
10-Day Moving Average 6.141
Average True Range 0.391
RSI (14) 33.77
ADX 25.28
+DI 18.764
-DI 31.209
Chandelier Exit (Long, 3 ATRs) 7.567
Chandelier Exit (Short, 3 ATRs) 6.943
Upper Bollinger Bands 8.769
Lower Bollinger Band 5.101
Percent B (%b) 0.26
BandWidth 52.900
MACD Line -0.497
MACD Signal Line -0.406
MACD Histogram -0.0914
Fundamentals Value
Market Cap 1.11 Billion
Num Shares 184 Million
EPS -0.29
Price-to-Earnings (P/E) Ratio -20.86
Price-to-Sales 4.85
Price-to-Book 1.08
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.395
Resistance 3 (R3) 6.413 6.317 6.338
Resistance 2 (R2) 6.317 6.229 6.308 6.318
Resistance 1 (R1) 6.183 6.175 6.250 6.165 6.299
Pivot Point 6.087 6.087 6.120 6.078 6.087
Support 1 (S1) 5.953 5.999 6.020 5.935 5.801
Support 2 (S2) 5.857 5.945 5.848 5.782
Support 3 (S3) 5.723 5.857 5.763
Support 4 (S4) 5.705