AURORA CANNABIS INC. - Daily - Technical analysis published on 06/26/2019 (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
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 7.87 USD
My targets
6.86 USD (-7.67%)
6.12 USD (-17.63%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on AURORA CANNABIS INC. as long as the price remains well below 7.87 USD. The sellers” bearish objective is set at 6.86 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 6.12 USD. In case of crossing, the next objective would be the support located at 4.88 USD.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AURORA CANNABIS INC. price is 7.43 USD. The price is lower by -0.40% since the last closing and was between 7.36 USD and 7.55 USD. This implies that the price is at +0.95% from its lowest and at -1.59% from its highest.7.36
7.55
7.43
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AURORA CANNABIS INC.:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this AURORA CANNABIS INC. chart shows a bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Support of triangle is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.88 | 6.12 | 6.86 | 7.43 | 7.87 | 8.86 | 9.40 |
| Change (%) | -34.32% | -17.63% | -7.67% | - | +5.92% | +19.25% | +26.51% |
| Change | -2.55 | -1.31 | -0.57 | - | +0.44 | +1.43 | +1.97 |
| Level | Major | Minor | Intermediate | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.13 | 7.27 | 7.37 | 7.51 | 7.61 | 7.75 | 7.85 |
| Camarilla | 7.39 | 7.42 | 7.44 | 7.46 | 7.48 | 7.50 | 7.53 |
| Woodie | 7.10 | 7.26 | 7.34 | 7.50 | 7.58 | 7.74 | 7.82 |
| Fibonacci | 7.27 | 7.37 | 7.42 | 7.51 | 7.61 | 7.66 | 7.75 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.30 | 6.65 | 6.98 | 7.33 | 7.66 | 8.01 | 8.34 |
| Camarilla | 7.11 | 7.18 | 7.24 | 7.30 | 7.36 | 7.42 | 7.49 |
| Woodie | 6.28 | 6.64 | 6.96 | 7.32 | 7.64 | 8.01 | 8.32 |
| Fibonacci | 6.65 | 6.91 | 7.07 | 7.33 | 7.59 | 7.75 | 8.01 |
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): | 39.88 | |
| MACD (12,26,9): | -0.2300 | |
| Directional Movement: | -9.92 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 7.35 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.02 | |
| Elder Ray (13): | -0.10 | |
| Super Trend (3,10): | 8.13 | |
| Zig ZAG (10): | 7.43 | |
| VORTEX (21): | 0.8300 | |
| Stochastique (14,3,5): | 42.16 | |
| TEMA (21): | 7.32 | |
| Williams %R (14): | -60.38 | |
| Chande Momentum Oscillator (20): | -0.56 | |
| Repulse (5,40,3): | -2.3700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.4600 | |
| Courbe Coppock: | 6.97 |
| MA7: | 7.45 | |
| MA20: | 7.59 | |
| MA50: | 8.26 | |
| MA100: | 8.27 | |
| MAexp7: | 7.47 | |
| MAexp20: | 7.67 | |
| MAexp50: | 8.00 | |
| MAexp100: | 7.98 | |
| Price / MA7: | -0.27% | |
| Price / MA20: | -2.11% | |
| Price / MA50: | -10.05% | |
| Price / MA100: | -10.16% | |
| Price / MAexp7: | -0.54% | |
| Price / MAexp20: | -3.13% | |
| Price / MAexp50: | -7.13% | |
| Price / MAexp100: | -6.89% |
News
The last news published on AURORA CANNABIS INC. at the time of the generation of this analysis was as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
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