Stock Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
CANNABIS GLOBAL INC (NASDAQ:CBGL)
Long-Term Downtrend (-90) - CBGL is in a strong downtrend that is likely to continue. While CBGL 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 CBGL?
MarketClub looks at technical strength and momentum to determine if the timing is right for CBGL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CBGL
The long-term trend has been DOWN since Aug 26th, 2022 at 0.0021
The intermediate-term trend has been DOWN since Mar 2nd, 2023 at 0.0006
The short-term trend has been DOWN since Feb 21st, 2023 at 0.0007
Smart Scan Analysis for CBGL
Based on our trend formula, CBGL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.0073||52wk High Date||2022-03-28|
|52wk Low||0.0003||52wk Low Date||2022-12-22|
|Average Volume||2,720,522||Shares Outstanding||568,209|