Technical Analysis for FLGC - Flora Growth Corp.

Grade Last Price % Change Price Change
F 0.30 13.21% 0.04
FLGC closed up 13.21 percent on Monday, January 30, 2023, on 9.67 times 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.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Up

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
New Uptrend Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Doji - Bearish? Reversal 0.00%
Wide Bands Range Expansion 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%

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Alert Time
20 DMA Support 11 days ago
Rose Above Previous Day's High 11 days ago
2x Volume Pace 11 days ago
1.5x Volume Pace 11 days ago
Up 5% 11 days ago

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Profile

Flora Growth Corp. cultivates, processes, and supplies medicinal-grade cannabis oil and cannabis for pharmacies, medical clinics, and cosmetic companies. The company was incorporated in 2019 and is headquartered in Toronto, Canada.
Classification

Sector: Healthcare
Industry: Drug Manufacturers - Specialty & Generic
Keywords: Cannabis Psychoactive Drugs Euphoriants Entheogens Medicinal Plants Cannabis Smoking Rosids Privateer Holdings

Is FLGC 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 2.38
52 Week Low 0.1913
Average Volume 1,123,155
200-Day Moving Average 0.74
50-Day Moving Average 0.32
20-Day Moving Average 0.25
10-Day Moving Average 0.26
Average True Range 0.03
RSI 57.26
ADX 25.3
+DI 29.19
-DI 14.61
Chandelier Exit (Long, 3 ATRs) 0.23
Chandelier Exit (Short, 3 ATRs) 0.28
Upper Bollinger Bands 0.30
Lower Bollinger Band 0.20
Percent B (%b) 1.05
BandWidth 40.08
MACD Line -0.01
MACD Signal Line -0.02
MACD Histogram 0.0133
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.35
Resistance 3 (R3) 0.35 0.34 0.34
Resistance 2 (R2) 0.34 0.33 0.34 0.34
Resistance 1 (R1) 0.32 0.32 0.32 0.32 0.34
Pivot Point 0.31 0.31 0.30 0.30 0.31
Support 1 (S1) 0.29 0.29 0.28 0.28 0.26
Support 2 (S2) 0.27 0.28 0.27 0.26
Support 3 (S3) 0.25 0.27 0.26
Support 4 (S4) 0.25