RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CURLF
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Curaleaf Holdings Inc stock downgraded from Strong Buy Candidate to Buy Candidate after Thursday trading session.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 15, 2024 Gain 7.66% PDF

The Curaleaf Holdings Inc stock price fell by -2.91% on the last day (Thursday, 28th Mar 2024) from $5.50 to $5.34. During the last trading day the stock fluctuated 6.80% from a day low at $5.15 to a day high of $5.50. The price has been going up and down for this period, and there has been a 31.2% gain for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -48 thousand shares and in total, 671 thousand shares were bought and sold for approximately $3.58 million.

The stock lies in the middle of a very wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 5.58% during the next 3 months and, with a 90% probability hold a price between $4.13 and $6.16 at the end of this 3-month period.

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CURLF Signals & Forecast

The Curaleaf Holdings Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $5.20 and $4.87. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, March 27, 2024, and so far it has fallen -2.91%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Curaleaf Holdings Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $4.96 and $4.85. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Curaleaf Holdings Inc finds support just below today's level at $4.96. If this is broken, then the next support from accumulated volume will be at $4.85 and $4.36.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.350 between high and low, or 6.80%. For the last week, the stock has had daily average volatility of 9.29%.

Our recommended stop-loss: $5.08 (-4.79%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (CURLF) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Curaleaf Holdings Inc to open at $5.33, and during the day (based on 14 day Average True Range), to move between $4.93 and $5.75, which gives a possible trading interval of +/-$0.409 (+/-7.66%) up or down from last closing price. If Curaleaf Holdings Inc takes out the full calculated possible swing range there will be an estimated 15.32% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $5.39 (0.94%) than the support at $4.96 (7.12%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Curaleaf Holdings Inc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Curaleaf Holdings Inc stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

Current score: 2.089 Buy Candidate Downgraded

Predicted Opening Price for Curaleaf Holdings Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$5.33 ( 0.187%) $5.34

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CURLF

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 5.68 6.37 %
R2 5.55 3.86 %
R1 5.46 2.32 %
Current price: 5.34
Support S1 5.20 -2.69 %
S2 5.11 -4.24 %
S3 4.98 -6.74 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 5.60 4.87 %
R2 5.50 3.00 %
R1 5.39 0.94 %
Current price 5.34
Support S1 4.96 -7.12%
S2 4.85 -9.18%
S3 4.36 -18.35%

FAQ

What is the symbol for Curaleaf Holdings Inc Stock and on which exchange is it traded?
The symbol for Curaleaf Holdings Inc is CURLF and it is traded on the OTCBB (OTC Bulletin Board).

Should I buy or sell Curaleaf Holdings Inc Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Curaleaf Holdings Inc stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

How to buy Curaleaf Holdings Inc Stock?
Curaleaf Holdings Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Curaleaf Holdings Inc Stock.

What's the current price of Curaleaf Holdings Inc Stock?
As of the end of day on the 2024-03-28, the price of an Curaleaf Holdings Inc (CURLF) share was $5.34.

What is the 52-week high and low for Curaleaf Holdings Inc Stock?
The 52-week high for Curaleaf Holdings Inc Stock is $5.80 and the 52-week low is $2.19.

What is the market capitalization of Curaleaf Holdings Inc Stock?
As of the 2024-03-28, the market capitalization of Curaleaf Holdings Inc is 3.933B.

When is the next earnings date for Curaleaf Holdings Inc?
The upcoming earnings date for Curaleaf Holdings Inc is May 15, 2024.
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About Curaleaf Holdings Inc

Curaleaf Holdings Curaleaf Holdings, Inc. operates a cannabis operator in the United States. It operates in two segments, Cannabis Operations and Non-Cannabis Operations. The Cannabis Operations segment engages in the production and sale of cannabis through retail and wholesale channels. The Non-Cannabis Operations segment provides professional services, including cultivation, processing, and retail know-how and back-office administration, intellectual property li... CURLF Profile

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