Stock Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
Aurora Cannabis Inc. - Common Shares (NASDAQ:ACB)
Sidelines Mode (-55) - ACB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Oct 23rd, 2023 at 0.4340
The intermediate-term trend has been DOWN since Oct 2nd, 2023 at 0.5614
The short-term trend has been UP since Dec 1st, 2023 at 0.4740
Smart Scan Analysis for ACB
Based on our trend formula, ACB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.48||52wk High Date||2022-12-05|
|52wk Low||0.41||52wk Low Date||2023-10-26|
|Average Volume||6,035,597||Shares Outstanding||197,980|