Technical Analysis for CBDNF - Cbd Energy

Grade Last Price % Change Price Change
grade B 0.17 6.99% 0.0111
CBDNF closed up 6.99 percent on Monday, August 10, 2020, on 86 percent of normal volume. It was able to find support at its 50 day moving average. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong N/A Up Up
Historical CBDNF trend table...

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
50 DMA Support Bullish 0.00%
Hammer Candlestick Bullish 0.00%
Stochastic Reached Overbought Strength 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Lower Bollinger Band Touch Weakness 0.00%
20 DMA Support Bullish 6.99%
50 DMA Support Bullish 6.99%
MACD Bullish Centerline Cross Bullish 6.99%
Older signals for CBDNF ...

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Profile

CBD Global Sciences Inc., a consumer goods and farming company, engages in the production and extraction of cannabidiol (CBD) products. It provides biomass, CBD oil, and CBD oil products. The company sells its products under the Aethics, CannaOil, and Strasburg Pharms brand names. The company was incorporated in 2018 and is headquartered in Calgary, Canada.
Oil Drugs Organ Systems Cannabidiol Cannabinoids Cbd Oil Products Resorcinols Analgesics Anticonvulsants

Is CBDNF a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 0.51
52 Week Low 0.0983
Average Volume 8,584
200-Day Moving Average 0.0000
50-Day Moving Average 0.1495
20-Day Moving Average 0.1442
10-Day Moving Average 0.1531
Average True Range 0.0346
ADX 29.06
+DI 33.4713
-DI 27.3856
Chandelier Exit (Long, 3 ATRs ) 0.4062
Chandelier Exit (Short, 3 ATRs ) 0.2091
Upper Bollinger Band 0.1757
Lower Bollinger Band 0.1127
Percent B (%b) 0.91
BandWidth 43.6893
MACD Line 0.0024
MACD Signal Line -0.0006
MACD Histogram 0.003
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.2600
Resistance 3 (R3) 0.2500 0.2100 0.2450
Resistance 2 (R2) 0.2100 0.1871 0.2150 0.2400
Resistance 1 (R1) 0.1900 0.1729 0.2000 0.2000 0.2350
Pivot Point 0.1500 0.1500 0.1550 0.1550 0.1500
Support 1 (S1) 0.1300 0.1271 0.1400 0.1400 0.1050
Support 2 (S2) 0.0900 0.1129 0.0950 0.1000
Support 3 (S3) 0.0700 0.0900 0.0950
Support 4 (S4) 0.0800