Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
CANNABIS GLOBAL INC (NASDAQ:CBGL)
Sidelines Mode (+55) - CBGL 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 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 Jun 30th, 2023 at 0.00040
The intermediate-term trend has been UP since Sep 27th, 2023 at 0.00040
The short-term trend has been DOWN since Dec 1st, 2023 at 0.00025
Smart Scan Analysis for CBGL
Based on our trend formula, CBGL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.0009||52wk High Date||2023-02-17|
|52wk Low||0.000195||52wk Low Date||2023-10-12|
|Average Volume||40,702,640||Shares Outstanding||568,209|