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FLORA GROWTH CORP (FLGC) Stock Technical Analysis

NASDAQ:FLGC - Nasdaq - CA3397642016 - Common Stock

0.9129  -0.03 (-2.88%)

Technical Rating and Analysis

0

Overall FLGC gets a technical rating of 0 out of 10. 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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, FLGC is a bad performer in the overall market: 94% of all stocks are doing better.
FLGC is one of the lesser performing stocks in the Personal Care Products industry. 75% of 37 stocks in the same industry do better.
FLGC 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.
FLGC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
FLORA GROWTH CORP / FLGC Weekly stock chart
FLORA GROWTH CORP / FLGC Daily stock chart
Setup Rating and Analysis

5

FLGC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.93, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

0.90

2.05

6 important resistance areas can be observed.

  • A resistance zone ranging from 0.93 to 0.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 0.97 to 0.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @1.38 from a trend line in the weekly time frame.
  • Resistance @1.62 from a trend line in the weekly time frame.
  • Resistance @1.98 from a horizontal line 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
CRS6.6
Mansfield-3.3
10 Day High1.14
10 Day Low0.89
20 Day High1.17
20 Day Low0.89
52 Week High2.93
52 Week Low0.75
Performance
1 Week0.72%
2 Weeks-14.94%
1 Month-10.89%
3 Month-49.42%
6 Month-16.46%
12 Month-25.74%
2 Year-83.98%
3 Year-97.26%
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
RSI(14)36.74
LBB0.87
UBB1.13
FLORA GROWTH CORP / FLGC Daily stock chart

FLORA GROWTH CORP

NASDAQ:FLGC (1/22/2025, 11:41:29 AM)

0.9129

-0.03 (-2.88%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg-2.88%
1 Week0.72%
2 Weeks-14.94%
1 Month-10.89%
3 Month-49.42%
6 Month-16.46%
12 Month-25.74%
2 Year-83.98%
3 Year-97.26%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%9.43%
ATR Inc-14.7%
Range Today0.06
ADR(20)0.09
ADR(20)%9.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.6
Mansfield-3.3
10 Day High1.14
10 Day Low0.89
20 Day High1.17
20 Day Low0.89
52 Week High2.93
52 Week Low0.75
CS1 End0.93
CR1 Start0.97
Volume & EV
DER(3)-7.55%
DER(5)-6.08%
Volume40.77K
Volume Incr-85.2%
Vol(5)116.60K
Vol(50)548.76K