AURORA CANNABIS INC. - Daily - Technical analysis published on 03/25/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
56%
6%
39%
My opinion
Bearish under 4.64 USD
My targets
3.84 USD (-5.02%)
3.42 USD (-15.35%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on AURORA CANNABIS INC.. As long as you are under the resistance located at 4.64 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 3.84 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 3.42 USD as an objective. Crossing it would then enable sellers to target 2.93 USD. If the resistance 4.64 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.9
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
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Additional analysis
Quotes
The AURORA CANNABIS INC. rating is 4.04 USD. The price registered an increase of +10.99% on the session with the lowest point at 3.53 USD and the highest point at 4.11 USD. The deviation from the price is +14.45% for the low point and -1.70% for the high point.3.53
4.11
4.04
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AURORA CANNABIS INC. in Daily shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 2.93 | 3.42 | 4.04 | 4.70 | 5.93 | 7.43 |
| Change (%) | -27.48% | -15.35% | - | +16.34% | +46.78% | +83.91% |
| Change | -1.11 | -0.62 | - | +0.66 | +1.89 | +3.39 |
| Level | Major | Intermediate | - | Intermediate | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.10 | 3.31 | 3.68 | 3.89 | 4.26 | 4.47 | 4.84 |
| Camarilla | 3.88 | 3.93 | 3.99 | 4.04 | 4.09 | 4.15 | 4.20 |
| Woodie | 3.17 | 3.35 | 3.75 | 3.93 | 4.33 | 4.51 | 4.91 |
| Fibonacci | 3.31 | 3.54 | 3.67 | 3.89 | 4.12 | 4.25 | 4.47 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.32 | 2.60 | 3.08 | 3.36 | 3.84 | 4.12 | 4.60 |
| Camarilla | 3.34 | 3.41 | 3.48 | 3.55 | 3.62 | 3.69 | 3.76 |
| Woodie | 2.41 | 2.65 | 3.17 | 3.41 | 3.93 | 4.17 | 4.69 |
| Fibonacci | 2.60 | 2.89 | 3.07 | 3.36 | 3.65 | 3.83 | 4.12 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.78 | 2.63 | 3.21 | 4.06 | 4.64 | 5.49 | 6.07 |
| Camarilla | 3.41 | 3.54 | 3.67 | 3.80 | 3.93 | 4.06 | 4.19 |
| Woodie | 1.66 | 2.56 | 3.09 | 3.99 | 4.52 | 5.42 | 5.95 |
| Fibonacci | 2.63 | 3.17 | 3.51 | 4.06 | 4.60 | 4.94 | 5.49 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 57.85 | |
| MACD (12,26,9): | -0.1200 | |
| Directional Movement: | 4.39 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 3.37 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.09 | |
| Elder Ray (13): | 0.26 | |
| Super Trend (3,10): | 2.92 | |
| Zig ZAG (10): | 4.04 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 84.89 | |
| TEMA (21): | 3.55 | |
| Williams %R (14): | -5.74 | |
| Chande Momentum Oscillator (20): | 0.76 | |
| Repulse (5,40,3): | 8.9800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.9200 | |
| Courbe Coppock: | 3.17 |
| MA7: | 3.59 | |
| MA20: | 3.46 | |
| MA50: | 4.05 | |
| MA100: | 5.22 | |
| MAexp7: | 3.63 | |
| MAexp20: | 3.60 | |
| MAexp50: | 4.11 | |
| MAexp100: | 4.92 | |
| Price / MA7: | +12.53% | |
| Price / MA20: | +16.76% | |
| Price / MA50: | -0.25% | |
| Price / MA100: | -22.61% | |
| Price / MAexp7: | +11.29% | |
| Price / MAexp20: | +12.22% | |
| Price / MAexp50: | -1.70% | |
| Price / MAexp100: | -17.89% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on AURORA CANNABIS INC. at the time of the analysis were as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
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