Bullish vs. Bearish (2 opinions)
Social Sentiment -0.40
CTST Forecast and Technical Stock Analysis
Sell candidate since 2019-06-20 Loss -46.83%
Canntrust Holdings Inc. fell by -5.46% in the last day ( Friday, 19th Jul 2019 ) from $2.93 to $2.77 During the day the stock fluctuated 6.50% from a day low at $2.77 to a day high of $2.95. The price has fallen in 7 of the last 10 days and is down by -43.93% for this period. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -5.76 million shares and in total 2.99 million shares bought and sold for approximately $8.27 million.
- 30 day high of the CTST stock price was $5.49 and low was $2.43.
- 90 day high was $7.61 and low was $2.43.
- 52 week high for Canntrust Holdings Inc. - $11.97 and low - $2.43.
Canntrust Holdings 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 -47.03% during the next 3 months and, with 90% probability hold a price between $1.21 and $2.18 at the end of this period.
A buy signal was issued from a pivot bottom point on Tuesday July 16, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Canntrust Holdings Inc. holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $2.87 and $4.54. A break-up above any of these levels will issue buy signals. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
The stock currently holds a RSI14 at 22 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Canntrust Holdings Inc. finds support from accumulated volume at $2.75.
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 $0.18 between high and low, or 6.50%. For the last week, the stock has had a daily average volatility of 16.21%.
Canntrust Holdings Inc. is oversold on RSI14 (22). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.
16.21 %Average volatility
Very Low Low Medium High Very High
|Golden Star Signal|
Get competitive edge
The 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 a very good return. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!
Get access to Golden Star list now