Liable for your own investment decisions and agree to the Users should not base their investment decision upon. is a research service that provides financial data and technical analysis of publicly traded stocks.Īll users should speak with their financial advisor before buying or selling any securities. We, therefore, hold a negative evaluation of this stock. Our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance.Īurora Cannabis holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. Since the stock is closer to the support from accumulated volume at $1.05 (1.87%)
#Aurora cannabi stock full#
takes out the full calculated possible swing range there will be an estimated 19.92% move between the lowest and the highest trading price during the day. Which gives a possible trading interval of +/-$0.11 (+/-9.96%) up or down from last closing price. to open at $1.08, and during the day (based on 14 day Average True Range), Trading Expectations For The Upcoming Trading Day Of Thursday 20thįor the upcoming trading day on Thursday, 20th we expect Aurora Cannabis Inc. We hold a negative evaluation for this stock. For the last week, the stock has had daily average volatility of 8.77%. During the last day, the stock moved $0.0660 between high and low, or 6.26%. This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". Support, Risk & Stop-lossĪurora Cannabis finds support from accumulated volume at $1.05 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Further rise is indicated until a new top pivot has been found. A buy signal was issued from a pivot bottom point on Tuesday, October 11, 2022, and so far it has risen 2.88%. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. A break-up above any of these levels will issue buy signals. On corrections up, there will be some resistance from the lines at $1.08 and $1.30. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. The Aurora Cannabis stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. There are mixed signals in the stock today.
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