GREENLANE HOLDINGS INC - A (GNLN)

US3953303019 - Common Stock

1.67  -0.09 (-5.11%)

After market: 1.6245 -0.05 (-2.72%)

Technical Rating and Analysis

1

Overall GNLN gets a technical rating of 1 out of 10. GNLN 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
99% of all other stocks performed better in the past year than GNLN.
GNLN is one of the lesser performing stocks in the Distributors industry. 85% of 15 stocks in the same industry do better.
GNLN 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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
GNLN has an average volume of 1428120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month GNLN has a been trading in the 1.40 - 1.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
GNLN Weekly chart
GNLN Daily chart
Setup Rating and Analysis

6

GNLN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.77. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

1.65

2.64

We can see 2 important resistance areas.

  • A resistance zone ranging from 1.77 to 1.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @2.61 from a trend line in the weekly 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
CRS1.35
Mansfield-6.46
10 Day High1.85
10 Day Low1.4
20 Day High1.85
20 Day Low1.4
52 Week High21.8
52 Week Low1.4
Performance
1 Week8.13%
2 Weeks21.83%
1 Month0.58%
3 Month-58.31%
6 Month-42.91%
12 Month-70.33%
2 Year-96.84%
3 Year-99.9%
5 Year-99.97%
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)0.07
RSI(14)47.95
LBB1.37
UBB1.81
GNLN Daily chart

GREENLANE HOLDINGS INC - A

NASDAQ:GNLN (1/6/2025, 5:32:24 PM)

After market: 1.6245 -0.05 (-2.72%)

1.67

-0.09 (-5.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg-5.11%
1 Week8.13%
2 Weeks21.83%
1 Month0.58%
3 Month-58.31%
6 Month-42.91%
12 Month-70.33%
2 Year-96.84%
3 Year-99.9%
5 Year-99.97%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%7.79%
ATR Inc-63.46%
Range Today0.16
ADR(20)0.13
ADR(20)%7.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.35
Mansfield-6.46
10 Day High1.85
10 Day Low1.4
20 Day High1.85
20 Day Low1.4
52 Week High21.8
52 Week Low1.4
CS1 EndN/A
CR1 Start1.77
Volume & EV
DER(3)-219908%
DER(5)-131949%
Volume347.24K
Volume Incr-54.58%
Vol(5)74.82K
Vol(50)1.43M