FLORA GROWTH CORP (FLGC)

CA3397642016 - Common Stock

1.1709  +0.01 (+0.94%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to FLGC. FLGC'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.

When comparing the yearly performance of all stocks, FLGC is a bad performer in the overall market: 82% of all stocks are doing better.
FLGC 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 FLGC has a been trading in the 1.05 - 2.10 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
FLGC is part of the Personal Care Products industry. There are 36 other stocks in this industry, FLGC did better than 48% of them.
Weekly and Daily overview Charts
FLGC Weekly chart
FLGC Daily chart
Setup Rating and Analysis

1

The technical rating of FLGC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

0.95

2.05

4 important support areas can be observed.

  • Support @1.15 from a horizontal line in the weekly time frame.
  • Support @1.12 from a horizontal line in the daily time frame.
  • Support @1.03 from a trend line in the weekly time frame.
  • Support @0.96 from a trend line in the weekly time frame.

We can see 5 important resistance areas.

  • A resistance zone ranging from 1.54 to 1.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @1.60 from a trend line in the weekly time frame.
  • Resistance @1.75 from a trend line in the weekly time frame.
  • A resistance zone ranging from 1.97 to 1.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @2.03 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.14
Mansfield-2.21
10 Day High2.1
10 Day Low1.05
20 Day High2.1
20 Day Low1.05
52 Week High2.93
52 Week Low0.75
Performance
1 Week-31.36%
2 Weeks-31.76%
1 Month-3.33%
3 Month-16.55%
6 Month18.84%
12 Month-12.12%
2 Year-74.52%
3 Year-96.74%
5 YearN/A
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)-0.05
RSI(14)38.52
LBB1.17
UBB2.03
FLGC Daily chart

FLORA GROWTH CORP

NASDAQ:FLGC (12/18/2024, 11:42:46 AM)

1.1709

+0.01 (+0.94%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg0.94%
1 Week-31.36%
2 Weeks-31.76%
1 Month-3.33%
3 Month-16.55%
6 Month18.84%
12 Month-12.12%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.24
ATR(20)%18.39%
ATR Inc
Range Today0.05
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.1
10 Day Low1.05
20 Day High2.1
20 Day Low1.05
52 Week High2.93
52 Week Low0.75
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume312.52K
Volume Incr464.89%
Vol(5)2.24M
Vol(50)644.30K