Stock Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
CANNABUSINESS GROUP INC (NASDAQ:CBGI)
Countertrend Down (-85) - CBGI is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid CBGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for CBGI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CBGI
The long-term trend has been DOWN since Apr 30th, 2021 at 0.000500
The intermediate-term trend has been DOWN since Sep 21st, 2021 at 0.000100
The short-term trend has been UP since Sep 28th, 2021 at 0.000001
Smart Scan Analysis for CBGI
Based on our trend formula, CBGI is rated as a -85 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||2021-01-19|
|52wk Low||0.000001||52wk Low Date||2021-10-21|
|Average Volume||161,222||Shares Outstanding||1|