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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
CANNABIST CO HLDGS INC COM (NASDAQ:CBSTF)
Bear Market Rally (-75) - CBSTF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CBSTF as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CBSTF?
MarketClub looks at technical strength and momentum to determine if the timing is right for CBSTF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CBSTF
The long-term trend has been DOWN since Oct 3rd, 2023 at 0.8066
The intermediate-term trend has been UP since Apr 30th, 2024 at 0.3659
The short-term trend has been DOWN since May 7th, 2024 at 0.3000
Smart Scan Analysis for CBSTF
Based on our trend formula, CBSTF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.3200 | 0.3200 | 0.2801 | 0.2802 | -0.0315 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.2802 | 2028272 | 2024-05-07 15:58:00 |
| 52wk High | 1.5 | 52wk High Date | 2023-09-13 |
| 52wk Low | 0.21 | 52wk Low Date | 2024-03-13 |
| Average Volume | 1,150,660 | Shares Outstanding | 448,217 |