Stock Trend Analysis Report
Prepared for you on Sunday, March 26, 2023.
Aurora Cannabis Inc. - Common Shares (NASDAQ:ACB)
Long-Term Downtrend (-90) - ACB is in a strong downtrend that is likely to continue. While ACB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ACB?
MarketClub looks at technical strength and momentum to determine if the timing is right for ACB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ACB
The long-term trend has been DOWN since Dec 3rd, 2021 at 5.8500
The intermediate-term trend has been DOWN since Feb 9th, 2023 at 0.9301
The short-term trend has been DOWN since Mar 8th, 2023 at 0.8130
Smart Scan Analysis for ACB
Based on our trend formula, ACB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4.56||52wk High Date||2022-03-25|
|52wk Low||0.6559||52wk Low Date||2023-03-20|
|Average Volume||4,389,147||Shares Outstanding||197,980|