CRONOS GROUP INC (CRON.CA) Stock Technical Analysis
TSX:CRON - Toronto Stock Exchange - CA22717L1013 - Common Stock - Currency: CAD
We assign a technical rating of 1 out of 10 to CRON. CRON scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, CRON is a bad performer in the overall market: 76% of all stocks are doing better.
CRON is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CRON has a been trading in the 2.66 - 3.03 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
CRON is an average performer in the Pharmaceuticals industry, it outperforms 48% of 34 stocks in the same industry.
Although the technical rating is bad, CRON does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.79. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.78, a Stop Loss order could be placed below this zone.
More info and screens
2.63
3.19
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.72 to 2.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.66 to 2.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 2.79 to 2.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.98 to 3.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.09 from a horizontal line in the daily time frame.
- Resistance @3.16 from a horizontal line 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
CRS24.92
Mansfield-1.75
10 Day High2.87
10 Day Low2.72
20 Day High3.03
20 Day Low2.66
52 Week High4.28
52 Week Low2.56
Performance
1 Week-2.11%
2 Weeks-3.47%
1 Month1.09%
3 Month-4.14%
6 Month-11.46%
12 Month-8.25%
2 Year-6.08%
3 Year-38.9%
5 Year-64.31%
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)49.21
LBB2.65
UBB2.93
TSX:CRON (2/21/2025, 7:00:00 PM)
2.78
+0.05 (+1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.83%
1 Week-2.11%
2 Weeks-3.47%
1 Month1.09%
3 Month-4.14%
6 Month-11.46%
12 Month-8.25%
2 Year-6.08%
3 Year-38.9%
5 Year-64.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%3.26%
ATR Inc-37.46%
Range Today0.06
ADR(20)0.08
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.92
Mansfield-1.75
10 Day High2.87
10 Day Low2.72
20 Day High3.03
20 Day Low2.66
52 Week High4.28
52 Week Low2.56
CS1 End2.78
CR1 Start2.79
Volume & EV
DER(3)-4.03%
DER(5)-5.84%
Volume160.73K
Volume Incr-12.83%
Vol(5)106.04K
Vol(50)126.36K