CANADABIS CAPITAL INC (CANB.CA) Stock Technical Analysis
TSX-V:CANB - TSX Venture Exchange - CA13530Q1046 - Common Stock - Currency: CAD
Overall CANB gets a technical rating of 5 out of 10. CANB has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
77% of all other stocks performed better in the past year than CANB.
CANB is part of the Pharmaceuticals industry. There are 35 other stocks in this industry, of which 61% are performing better than CANB.
CANB is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month CANB has a been trading in the 0.05 - 0.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CANB has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.06
0.08
2 important support areas can be observed.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.9
Mansfield-1.22
10 Day High0.08
10 Day Low0.06
20 Day High0.08
20 Day Low0.05
52 Week High0.25
52 Week Low0.04
Performance
1 Week15.38%
2 Weeks-6.25%
1 Month36.36%
3 Month50%
6 Month25%
12 Month-69.39%
2 Year-25%
3 Year50%
5 Year-50%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)58.3
LBB0.05
UBB0.08
TSX-V:CANB (3/7/2025, 7:00:00 PM)
0.075
+0.01 (+15.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg15.38%
1 Week15.38%
2 Weeks-6.25%
1 Month36.36%
3 Month50%
6 Month25%
12 Month-69.39%
2 Year-25%
3 Year50%
5 Year-50%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%9%
ATR Inc10.53%
Range Today0.01
ADR(20)0
ADR(20)%6.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.9
Mansfield-1.22
10 Day High0.08
10 Day Low0.06
20 Day High0.08
20 Day Low0.05
52 Week High0.25
52 Week Low0.04
CS1 End0.07
CR1 Start0.08
Volume & EV
DER(3)0%
DER(5)-4.21%
Volume134.00K
Volume Incr-43.96%
Vol(5)67.40K
Vol(50)100.67K