Technical Analysis for BCAN - BYND Cannasoft Enterprises Inc

Grade Last Price % Change Price Change
F 8.12 0.87% 0.07
BCAN closed up 0.87 percent on Friday, November 1, 2024, on 61 percent of normal volume. It ran into resistance at its 50 day moving average. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Flat Up

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
20 DMA Support Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
BB Squeeze + Upper Band Touch Range Contraction 0.00%
Upper Bollinger Band Touch Strength 0.00%
Crossed Above 20 DMA Bullish 0.87%
Bollinger Band Squeeze Range Contraction 0.87%

   Recent Intraday Alerts

Alert Time
50 DMA Support about 23 hours ago
Up 5% about 23 hours ago
Up 3% about 23 hours ago
Up 2% about 23 hours ago
Up 1 ATR about 23 hours ago

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Profile

BYND Cannasoft Enterprises Inc Description

BYND Cannasoft Enterprises Inc. is a Canada-based software/cannabis company. The Company is a software house, which develops enterprise software tools that enable manufacturing and service companies to optimize their workforce management, customer service and asset management. The Company develops and markets customer relationship management (CRM) software products that enable small and medium sized enterprises (SMEs) to optimize day to day functions, such as sales management, workforce management, contact center operations and asset management through BYND - Beyond Solutions Ltd. (BYND Israel). BYND Israel offers a CRM software product known as Benefit CRM to its customers. BYND Israel also focuses on the development of a CRM software platform, designed specifically to serve the medical cannabis sector, which is known as New Cannabis CRM Platform. The Company is in a process of building its medical, indoor cannabis farm. It also offers delivery platform for companies.


Classification

Sector: Technology
Industry: Software - Infrastructure
Keywords: Software Asset Management CRM Customer Relationship Management Software Platform Business Software Cloud Applications Services Marketing Workforce Management Customer Relationship Management Software Sales Management Software Product

Is BCAN 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 4522.0
52 Week Low 7.815
Average Volume 32,300
200-Day Moving Average 125.66
50-Day Moving Average 8.13
20-Day Moving Average 8.04
10-Day Moving Average 8.07
Average True Range 0.25
RSI (14) 52.15
ADX 12.81
+DI 24.17
-DI 14.35
Chandelier Exit (Long, 3 ATRs) 7.74
Chandelier Exit (Short, 3 ATRs) 8.56
Upper Bollinger Bands 8.15
Lower Bollinger Band 7.94
Percent B (%b) 0.86
BandWidth 2.64
MACD Line -0.03
MACD Signal Line -0.06
MACD Histogram 0.022
Fundamentals Value
Market Cap 345.33 Million
Num Shares 42.5 Million
EPS -0.08
Price-to-Earnings (P/E) Ratio -101.50
Price-to-Sales 8.60
Price-to-Book 0.19
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.84
Resistance 3 (R3) 8.88 8.68 8.72
Resistance 2 (R2) 8.68 8.50 8.66 8.68
Resistance 1 (R1) 8.40 8.38 8.54 8.36 8.64
Pivot Point 8.20 8.20 8.27 8.18 8.20
Support 1 (S1) 7.92 8.02 8.06 7.88 7.60
Support 2 (S2) 7.72 7.90 7.70 7.56
Support 3 (S3) 7.44 7.72 7.52
Support 4 (S4) 7.40