Technical Analysis for VLNS - The Valens Company, Inc.

Grade Last Price % Change Price Change
D 1.98 0.51% 0.01
VLNS closed up 0.51 percent on Thursday, January 20, 2022, on approximately normal volume. The bears made the stock sink to a new 52-week low. 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
Very Strong N/A N/A Down
Historical VLNS trend table...

Date Alert Name Type % Chg
Hot IPO Pullback Bullish Swing Setup 0.00%
Lower Bollinger Band Walk Weakness 0.00%
New 52 Week Low Weakness 0.00%
Wide Bands Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish 0.51%
New Downtrend Bearish 0.51%
Hot IPO Pullback Bullish Swing Setup 0.51%
Older End-of-Day Signals for VLNS ...

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Profile

The Valens Company, Inc. Description

The Valens Company Inc. operates as a cannabis consumer products company. It engages in manufacturing cannabinoid based products. The company provides proprietary cannabis processing services, as well as is involved in product development, manufacturing, and commercialization of cannabis consumer packaged goods. Its products are formulated for the recreational, health and wellness, and medical consumer segments and offers across various cannabis product categories. The company also manufactures, distributes, and sells a range of CBD products in the United States through its subsidiary Green Roads, and distributes medicinal cannabis products to international markets through its subsidiary Valens Australia. In addition, the company through Valens Labs, provides cannabis testing and research and development services. The company was formerly known as Valens Groworks Corp. and changed its name to The Valens Company Inc. in June 2020. The Valens Company Inc. is headquartered in Kelowna, Canada.


Classification

Sector: Healthcare
Industry: Drug Manufacturers-Specialty & Generic
Keywords: Medicine Health Sciences Cannabis Medicinal Plants Herbalism Medical Cannabis Cannabis Smoking Hod Hasharon Valens

Is VLNS 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 3.99
52 Week Low 1.89
Average Volume 88,034
200-Day Moving Average 0.00
50-Day Moving Average 0.00
20-Day Moving Average 2.44
10-Day Moving Average 2.28
Average True Range 0.22
ADX 50.21
+DI 7.64
-DI 34.43
Chandelier Exit (Long, 3 ATRs) 2.27
Chandelier Exit (Short, 3 ATRs) 2.54
Upper Bollinger Bands 2.90
Lower Bollinger Band 1.98
Percent B (%b) 0.0
BandWidth 38.00
MACD Line -0.24
MACD Signal Line -0.17
MACD Histogram -0.0692
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.25
Resistance 3 (R3) 2.25 2.16 2.21
Resistance 2 (R2) 2.16 2.09 2.16 2.19
Resistance 1 (R1) 2.07 2.05 2.12 2.07 2.17
Pivot Point 1.98 1.98 2.00 1.98 1.98
Support 1 (S1) 1.89 1.91 1.94 1.89 1.79
Support 2 (S2) 1.80 1.87 1.80 1.77
Support 3 (S3) 1.71 1.80 1.76
Support 4 (S4) 1.71