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Stock Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Organigram Holdings Inc. - Common Shares (NASDAQ:OGI)
Sidelines Mode (+55) - OGI 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 OGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OGI.
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 OGI
The long-term trend has been DOWN since Sep 28th, 2023 at 1.29
The intermediate-term trend has been UP since Nov 6th, 2023 at 1.22
The short-term trend has been DOWN since Dec 7th, 2023 at 1.33
Smart Scan Analysis for OGI
Based on our trend formula, OGI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.320 | 1.375 | 1.310 | 1.340 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.330 | 470193 | 2023-12-08 15:59:08 |
| 52wk High | 4.12 | 52wk High Date | 2023-01-17 |
| 52wk Low | 0.9702 | 52wk Low Date | 2023-10-27 |
| Average Volume | 611,784 | Shares Outstanding | 48,627 |
| Market Cap | 738M | Assets | 554,017,000M |
| Liabilities | 74,212,000M |