Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Flora Growth Corp. (NASDAQ:FLGC)

Crossroads (-60) - FLGC is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid FLGC?

MarketClub looks at technical strength and momentum to determine if the timing is right for FLGC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_FLGC
Open High Low FLGC Price Change
1.460 1.540 1.434 1.505 +0.005
Entry Signal

MarketClub’s Trade Triangles for FLGC

long term up The long-term trend has been UP since Jan 5th, 2024 at 1.50

intermediate term down The intermediate-term trend has been DOWN since Apr 19th, 2024 at 1.60

short term down The short-term trend has been DOWN since May 7th, 2024 at 1.54

Smart Scan Analysis for FLGC

Based on our trend formula, FLGC is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for FLGC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.460 1.540 1.434 1.505 +0.005
Prev. Close Volume Bid Ask Time
1.500 51434 2024-05-08 15:49:59
52wk High5.4852wk High Date2023-09-05
52wk Low0.6352wk Low Date2023-10-27
Average Volume487,982Shares Outstanding8,209
Assets31,600,000MLiabilities17,277,000M
P/E Ratio-0.26760000
Get a free daily analysis and signals for Flora Growth Corp. (FLGC) - Request Your Free Report.