Technical Analysis for ACB - Aurora Cannabis Inc.

Grade Last Price % Change Price Change
C 6.92 7.79% 0.50
ACB closed down 3.6 percent on Wednesday, May 8, 2024, on 30 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down

Date Alert Name Type % Chg
Calm After Storm Range Contraction 7.79%
NR7 Range Contraction 7.79%
NR7-2 Range Contraction 7.79%
Narrow Range Bar Range Contraction 7.79%
Wide Bands Range Expansion 7.79%
20 DMA Resistance Bearish 3.90%
1,2,3 Pullback Bullish Bullish Swing Setup 3.90%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 3.90%
Calm After Storm Range Contraction 3.90%
NR7 Range Contraction 3.90%

   Recent Intraday Alerts

Alert Time
20 DMA Resistance about 4 hours ago
Rose Above 20 DMA about 4 hours ago
Up 5% about 4 hours ago
60 Minute Opening Range Breakout about 4 hours ago
Rose Above Previous Day's High about 4 hours ago

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Profile

Aurora Cannabis Inc. Description

Aurora Cannabis Inc. produces and distributes medical cannabis products in Canada and internationally. It is vertically integrated and horizontally diversified across various segments of the cannabis value chain, from facility engineering and design to cannabis breeding, genetics research, production, derivatives, high value-add product development, home cultivation, wholesale, and retail distribution. The company's products consist of dried cannabis and cannabis oil; CanniMed vegan capsules; and hemp products, as well as sells vaporizers, consumable vaporizer accessories, and herb mills for using herbal cannabis products. It also operates CanvasRX, a network of cannabis counseling and outreach centers; and provides cannabis analytical product testing services. Aurora Cannabis Inc. has collaboration agreements with PharmaChoice, Pharmasave, and Shoppers Drug Mart for the distribution, sale, and marketing of medical cannabis products through their respective networks of pharmacies. It has a strategic agreement with Hempco Food and Fiber Inc.; CTT Pharmaceuticals Inc.; Choom Holdings Inc.; Capcium Inc.; The Green Organic Dutchman Holdings Ltd.; Société des Alcools du Québec; and Alcanna, Radient Technologies, Micron Waste, Wagner Dimas, Evio, and Cann Group Limited. Aurora Cannabis Inc. is headquartered in Edmonton, Canada.


Classification

Sector: Healthcare
Industry: Drug Manufacturers - Specialty & Generic
Keywords: Medicine Health Sciences Cannabis Genetics Euphoriants Medicinal Plants Herbalism Medical Cannabis Retail Distribution Hemp Product Testing Cannabis In Canada Cannabis Products Vaporizer Cannabis Oil Medical Cannabis Products

Is ACB a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 11.5
52 Week Low 2.84
Average Volume 8,994,327
200-Day Moving Average 5.05
50-Day Moving Average 5.25
20-Day Moving Average 6.75
10-Day Moving Average 6.98
Average True Range 0.91
RSI (14) 50.25
ADX 47.86
+DI 27.02
-DI 13.14
Chandelier Exit (Long, 3 ATRs) 6.63
Chandelier Exit (Short, 3 ATRs) 8.16
Upper Bollinger Bands 8.15
Lower Bollinger Band 5.35
Percent B (%b) 0.38
BandWidth 41.44
MACD Line 0.38
MACD Signal Line 0.53
MACD Histogram -0.1585
Fundamentals Value
Market Cap 3.5 Billion
Num Shares 545 Million
EPS -5.88
Price-to-Earnings (P/E) Ratio -1.09
Price-to-Sales 1.12
Price-to-Book 0.58
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.95
Resistance 3 (R3) 6.98 6.83 6.86
Resistance 2 (R2) 6.83 6.70 6.82 6.83
Resistance 1 (R1) 6.63 6.61 6.55 6.60 6.80
Pivot Point 6.48 6.48 6.44 6.46 6.48
Support 1 (S1) 6.27 6.34 6.20 6.24 6.04
Support 2 (S2) 6.12 6.26 6.11 6.01
Support 3 (S3) 5.92 6.12 5.98
Support 4 (S4) 5.89