Technical Analysis for FLGC - Flora Growth Corp.

Grade Last Price % Change Price Change
C 2.31 3.59% 0.08
FLGC closed up 3.59 percent on Thursday, March 28, 2024, on 4.63 times normal volume. 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. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Calm After Storm Range Contraction 0.00%
Wide Range Bar Range Expansion 0.00%
Doji - Bearish? Reversal 0.00%
Parabolic Rise Strength 0.00%
Stochastic Reached Overbought Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Wide Bands Range Expansion 0.00%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 11 hours ago
2x Volume Pace about 11 hours ago
1.5x Volume Pace about 11 hours ago
3x Volume Pace about 11 hours ago
10x Volume Pace about 11 hours 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 Euphoriants Psychoactive Drugs 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 711,428
200-Day Moving Average 1.64
50-Day Moving Average 1.20
20-Day Moving Average 1.34
10-Day Moving Average 1.60
Average True Range 0.29
RSI (14) 82.64
ADX 31.73
+DI 45.22
-DI 5.46
Chandelier Exit (Long, 3 ATRs) 2.07
Chandelier Exit (Short, 3 ATRs) 1.85
Upper Bollinger Bands 2.14
Lower Bollinger Band 0.54
Percent B (%b) 1.11
BandWidth 119.94
MACD Line 0.25
MACD Signal Line 0.12
MACD Histogram 0.1313
Fundamentals Value
Market Cap 18.96 Million
Num Shares 8.21 Million
EPS -9.76
Price-to-Earnings (P/E) Ratio -0.24
Price-to-Sales 0.09
Price-to-Book 0.50
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.67
Resistance 3 (R3) 3.73 3.33 3.45
Resistance 2 (R2) 3.33 2.98 3.30 3.37
Resistance 1 (R1) 2.82 2.77 3.07 2.76 3.29
Pivot Point 2.42 2.42 2.55 2.39 2.42
Support 1 (S1) 1.91 2.07 2.17 1.86 1.33
Support 2 (S2) 1.51 1.86 1.48 1.25
Support 3 (S3) 1.00 1.51 1.17
Support 4 (S4) 0.95