Green Thumb Industries Inc. (GTII.CA) Stock Technical Analysis
CNSX:GTII - Canadian Securities Exchange -
Overall GTII gets a technical rating of 6 out of 10. GTII was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month GTII has a been trading in the 31.00 - 46.42 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.
Looking at the yearly performance, GTII did better than 86% of all other stocks. On top of that, GTII also shows a nice and consistent pattern of rising prices.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
GTII is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GTII is lagging the market.
Considerably lower volume is observed in the last couple of days.
GTII has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
26.83
45.28
When analyzing the support we can see 3 important areas.
- Support @33.07 from a trend line in the daily time frame.
- A support zone ranging from 32.06 to 32.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @27.10 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 41.08 to 41.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @44.83 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
CRS86.77
Mansfield2.11
10 Day High39.68
10 Day Low31
20 Day High46.42
20 Day Low31
52 Week High49.66
52 Week Low7.59
Performance
1 Week-6.84%
2 Weeks-12.11%
1 Month-17.34%
3 Month-2.31%
6 Month68.41%
12 Month321.12%
2 YearN/A
3 YearN/A
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)-0.45
RSI(14)36.98
LBB31.93
UBB41.89
CNSX:GTII (4/8/2021, 8:17:30 PM)
33.9
-0.56 (-1.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.63%
1 Week-6.84%
2 Weeks-12.11%
1 Month-17.34%
3 Month-2.31%
6 Month68.41%
12 Month321.12%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.98
ATR(20)%8.34%
ATR Inc-44.81%
Range Today1.29
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.77
Mansfield2.11
10 Day High39.68
10 Day Low31
20 Day High46.42
20 Day Low31
52 Week High49.66
52 Week Low7.59
CS1 End33.07
CR1 Start41.08
Volume & EV
DER(3)-8.77%
DER(5)-5.18%
Volume181.00K
Volume Incr-48.75%
Vol(5)289.18K
Vol(50)511.35K