Technical Analysis for AVCN - Avicanna Inc

Grade Last Price % Change Price Change
grade D 3.27 -2.68% -0.090
AVCN closed down 2.68 percent on Friday, October 11, 2019, on 1.17 times normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong N/A Down Up
See historical AVCN trend table...

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
New Downtrend Bearish 0.00%
Hammer Candlestick Bullish 0.00%
Calm After Storm Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Bearish Engulfing Bearish -2.68%
Fell Below 20 DMA Bearish -2.68%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -2.68%
Outside Day Range Expansion -2.68%
Wide Bands Range Expansion -2.68%

Older signals for AVCN ...

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:
Profile
Avicanna Inc is a Canada-based company engaged in alternative medicine sector. The Company invests in its product discovery and development processes, intellectual property portfolio, strategic relationships, and cultivation infrastructure. Its two main business segments are R&D and cultivation. The R&D business is primarily conducted out of Canada hhere scientific team develops products and engages the services of researchers at the Leslie Dan Faculty of Pharmacy at the University of Toronto. The cultivation business controls two companies located in Santa Marta, Colombia that are authorized to cultivate and process cannabis for the production of Extracts, including Cannabidiol (CBD) and Tetrahydrocannabinol (THC).
Cannabis Entheogens Euphoriants Drugs Alternative Medicine Psychoactive Drugs Appetite Stimulants Cannabidiol Cannabinoids Cannabinol Cbd
Is AVCN a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 6.95
52 Week Low 1.85
Average Volume 99,060
200-Day Moving Average 0.0
50-Day Moving Average 3.981
20-Day Moving Average 3.3215
10-Day Moving Average 2.944
Average True Range 0.4699
ADX 27.89
+DI 23.0996
-DI 27.3862
Chandelier Exit (Long, 3 ATRs ) 3.4303
Chandelier Exit (Short, 3 ATRs ) 3.2597
Upper Bollinger Band 4.8737
Lower Bollinger Band 1.7693
Percent B (%b) 0.48
BandWidth 93.463796
MACD Line -0.2453
MACD Signal Line -0.3582
MACD Histogram 0.1129
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.005
Resistance 3 (R3) 3.963 3.677 3.883
Resistance 2 (R2) 3.677 3.489 3.698 3.842
Resistance 1 (R1) 3.473 3.374 3.330 3.515 3.801
Pivot Point 3.187 3.187 3.115 3.208 3.187
Support 1 (S1) 2.983 2.999 2.840 3.025 2.739
Support 2 (S2) 2.697 2.884 2.718 2.698
Support 3 (S3) 2.493 2.697 2.658
Support 4 (S4) 2.535