CRONOS GROUP INC (CRON) Stock Technical Analysis
NASDAQ:CRON - Nasdaq - CA22717L1013 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to CRON. CRON's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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 near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
CRON has an average volume of 1507300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CRON is an average performer in the Pharmaceuticals industry, it outperforms 59% of 194 stocks in the same industry.
In the last month CRON has a been trading in the 1.83 - 2.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, CRON does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 1.98. Right above this resistance zone may be a good entry point.
More info and screens
1.83
2.17
2 important support areas can be observed.
- A support zone ranging from 1.94 to 1.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.85 to 1.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.98 to 1.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.07 to 2.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 2.13 to 2.15. 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
CRS24.42
Mansfield-1.91
10 Day High2.02
10 Day Low1.91
20 Day High2.12
20 Day Low1.83
52 Week High3.14
52 Week Low1.83
Performance
1 Week-1.5%
2 Weeks-2.48%
1 Month2.07%
3 Month-5.29%
6 Month-15.81%
12 Month-11.66%
2 Year-9.22%
3 Year-44.97%
5 Year-66.32%
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)51.34
LBB1.86
UBB2.06
1.97
+0.03 (+1.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.55%
1 Week-1.5%
2 Weeks-2.48%
1 Month2.07%
3 Month-5.29%
6 Month-15.81%
12 Month-11.66%
2 Year-9.22%
3 Year-44.97%
5 Year-66.32%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%3.4%
ATR Inc-41.34%
Range Today0.05
ADR(20)0.06
ADR(20)%3.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.42
Mansfield-1.91
10 Day High2.02
10 Day Low1.91
20 Day High2.12
20 Day Low1.83
52 Week High3.14
52 Week Low1.83
CS1 End1.96
CR1 Start1.98
Volume & EV
DER(3)1.63%
DER(5)-1.73%
Volume1.77M
Volume Incr-25.41%
Vol(5)1.22M
Vol(50)1.51M