Stock Trend Analysis Report
Prepared for you on Sunday, January 19, 2020.
Cannabusiness Group (NASDAQ:CBGI)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for CBGI
The long term trend has been UP since Jan 2nd, 2020 at 0.0055
The intermediate term trend has been DOWN since Jan 2nd, 2020 at 0.0010
The short term trend has been DOWN since Jan 15th, 2020 at 0.0011
Smart Scan Analysis for CBGI
Based on a pre-defined weighted trend formula for chart analysis, CBGI scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.105||Year High Date||2018-09-20|
|Year Low||0.007||Year Low Date||2018-01-19|
|52wk High||0.02||52wk High Date||2019-06-03|
|52wk Low||0.000001||52wk Low Date||2019-08-08|
|Average Volume||81,872||Shares Outstanding||1|