ACBFF Forecast and Technical Stock Analysis
Sell candidate since 2019-09-12 Loss -33.96% PDF
Aurora Cannabis Inc gained 7.76% in the last trading day ( Thursday, 17th Oct 2019 ), rising from $3.61 to $3.89 During the day the stock fluctuated 5.68% from a day low at $3.70 to a day high of $3.91. The price has fallen in 7 of the last 10 days and is down by -13.75% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 5.84 million more shares were traded than the day before. In total, 21.13 million shares bought and sold for approximately $82.21 million.
- 30 day high of the ACBFF stock price was $5.54 and low was $3.40.
- 90 day high was $7.20 and low was $3.40.
- 52 week high for Aurora Cannabis Inc - $11.00 and low - $3.40.
Aurora Cannabis Inc lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -36.29% during the next 3 months and, with 90% probability hold a price between $2.11 and $3.36 at the end of this period.
A buy signal was issued from a pivot bottom point on Monday October 14, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Aurora Cannabis Inc holds a buy signal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $4.89. On a fall, the stock will find some support from the short-term average at $3.75. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal.
Relative Strength Index (RSI)
RSImin/max Values: [ 20 - 80 ]
RSI14 is 36 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Aurora Cannabis Inc finds support from accumulated volume at $3.76.
This stock may move much during a 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 $0.21 between high and low, or 5.68%. For the last week, the stock has had a daily average volatility of 7.15%.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
7.15 %Average volatility
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Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!