- Beat earnings estimates in 3 of the last 4 quarters
- Highly efficient cash conversion (326% FCF/OCF ratio)
- High gross margin of 49.5%
Evaluation of Aurora Cannabis stock downgraded after the last trading session
(Updated on Jun 05, 2026)
The Aurora Cannabis stock price fell by -3.70% on the last day (Friday, 5th Jun 2026) from $3.51 to $3.38. During the last trading day the stock fluctuated 8.86% from a day low at $3.33 to a day high of $3.63. The price has fallen in 5 of the last 10 days and is down by -5.06% for this period. 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 -657 thousand shares and in total, 0 shares were bought and sold for approximately $0 .
The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Aurora Cannabis stock with a 90% probability to be traded between $3.15 and $3.87 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
ACB Signals & Forecast
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. The Aurora Cannabis stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $3.53 and $3.47. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, June 04, 2026, and so far it has fallen -3.70%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.
Support, Risk & Stop-loss for Aurora Cannabis stock
Aurora Cannabis finds support from accumulated volume at $3.35 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0.295 between high and low, or 8.86%. For the last week the stock has had daily average volatility of 4.89%
Our recommended stop-loss: $3.20 (-5.35%) (This stock has very low daily movements and this gives very low risk. There is a sell signal from a pivot top found 1 day ago.)
Trading Expectations (ACB) For The Upcoming Trading Day Of Monday 8th
For the upcoming trading day on Monday, 8th we expect Aurora Cannabis Inc. to open at $3.45, and during the day (based on 14 day Average True Range), to move between $3.30 and $3.46, which gives a possible trading interval of +/-$0.157 (+/-4.76%) up or down from last closing price. If Aurora Cannabis Inc. takes out the full calculated possible swing range there will be an estimated 4.76% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $3.35 (0.89%) than the resistance at $3.42 (1.18%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Earnings coming up
Aurora Cannabis will release earnings BMO on Thursday, June 11, 2026.The consensus among the analysts for the expected earnings (EPS) is -$0.0700. We will update the financials statements for Aurora Cannabis, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 12.62% in the first trading day after earnings release.
Is Aurora Cannabis Inc. stock A Buy?
Aurora Cannabis holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold candidate.
Current score:
-0.287
Hold/Accumulate
Downgraded
Predicted Fair Opening Price
Predicted fair opening price on June 8, 2026 - $3.45 ( 1.92%).
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ACB Performance
Trading levels for ACB
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 3.74 | 10.65% |
| R2 | 3.63 | 7.32% |
| R1 | 3.56 | 5.26% |
| Price | 3.38 | |
| S1 | 3.33 | -1.41% |
| S2 | 3.26 | -3.47% |
| S3 | 3.15 | -6.80% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 3.80 | 12.43% |
| R2 | 3.51 | 3.85% |
| R1 | 3.42 | 1.18% |
| Price | 3.38 | |
| S1 | 3.35 | -0.89% |
| S2 | 3.32 | -1.78% |
| S3 | 3.28 | -2.96% |
FAQ
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