Technical Analysis for FLGC - Flora Growth Corp.

Grade Last Price % Change Price Change
C 1.16 0.87% 0.01
FLGC closed up 0.87 percent on Friday, September 29, 2023, on 34 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. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Up 3 Days in a Row Strength 0.00%
Oversold Stochastic Weakness 0.00%
NR7 Range Contraction 0.87%
NR7-2 Range Contraction 0.87%
Narrow Range Bar Range Contraction 0.87%
Wide Bands Range Expansion 0.87%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible NR7 about 9 hours ago
Rose Above Previous Day's High about 13 hours ago
Up 3% about 13 hours ago
Up 2% about 13 hours ago
Up 1% about 13 hours ago

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

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 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 5.48
52 Week Low 0.171
Average Volume 175,304
200-Day Moving Average 1.14
50-Day Moving Average 2.28
20-Day Moving Average 2.31
10-Day Moving Average 1.31
Average True Range 0.36
RSI (14) 33.33
ADX 29.91
+DI 20.74
-DI 28.80
Chandelier Exit (Long, 3 ATRs) 4.41
Chandelier Exit (Short, 3 ATRs) 2.13
Upper Bollinger Bands 4.46
Lower Bollinger Band 0.16
Percent B (%b) 0.23
BandWidth 185.88
MACD Line -0.42
MACD Signal Line -0.27
MACD Histogram -0.1535
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.23
Resistance 3 (R3) 1.23 1.21 1.22
Resistance 2 (R2) 1.21 1.20 1.21 1.21
Resistance 1 (R1) 1.19 1.19 1.18 1.18 1.21
Pivot Point 1.17 1.17 1.17 1.17 1.17
Support 1 (S1) 1.14 1.15 1.14 1.14 1.11
Support 2 (S2) 1.12 1.14 1.12 1.11
Support 3 (S3) 1.10 1.12 1.10
Support 4 (S4) 1.09