Technical Analysis for CBGL - Cannabis Global Inc.

Grade Last Price % Change Price Change
F 0.0561 -10.24% -0.0064
CBGL closed down 10.24 percent on Friday, July 23, 2021, on 1.24 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical CBGL trend table...

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Wide Bands Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
20 DMA Resistance Bearish -10.24%
Lower Bollinger Band Walk Weakness -10.24%
Stochastic Reached Oversold Weakness -10.24%
Oversold Stochastic Weakness -10.24%
Older End-of-Day Signals for CBGL ...

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Profile

Cannabis Global Inc. Description

Cannabis Global, Inc., a research and development company, manufactures cannabis, hemp, and related products. The company offers hemp infused foods and beverages, including alcohol-free cocktail mixers, hemp infused coffee products, natural hemp infused candy products, hemp infused fermented tea products, and natural and artificial sweeteners under the Hemp You Can Feel name, as well as coffee pod and single serving beverage pod infusion systems and tetrahydrocannabivarin beverages. It also invests in and provides managerial services in specialized areas of the regulated hemp and cannabis industries. The company was formerly known as MCTC Holdings, Inc. and changed its name to Cannabis Global, Inc. in December 2019. Cannabis Global, Inc. was founded in 2005 and is headquartered in Los Angeles, California.


Classification

Sector: Healthcare
Industry: Drug Manufacturers—Specialty & Generic
Keywords: Cannabis Hemp Biofuels Herbs Crops Agronomy Domesticated Plants Hemp Juice Coffee Products Hemp Beer Managerial Services

Is CBGL 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 0.357
52 Week Low 0.05
Average Volume 229,256
200-Day Moving Average 0.1155
50-Day Moving Average 0.0794
20-Day Moving Average 0.0685
10-Day Moving Average 0.0661
Average True Range 0.0133
ADX 29.49
+DI 6.5076
-DI 12.6898
Chandelier Exit (Long, 3 ATRs) 0.0428
Chandelier Exit (Short, 3 ATRs) 0.0949
Upper Bollinger Bands 0.0794
Lower Bollinger Band 0.0576
Percent B (%b) -0.07
BandWidth 31.8248
MACD Line -0.0052
MACD Signal Line -0.0045
MACD Histogram -0.0007
Fundamentals Value
Market Cap 2.4 Million
Num Shares 42.8 Million
EPS
Price-to-Sales 184.32
Price-to-Book 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.0815
Resistance 3 (R3) 0.0843 0.0786 0.0772
Resistance 2 (R2) 0.0786 0.0722 0.0772 0.0758
Resistance 1 (R1) 0.0674 0.0682 0.0646 0.0646 0.0744
Pivot Point 0.0617 0.0617 0.0603 0.0603 0.0617
Support 1 (S1) 0.0505 0.0553 0.0477 0.0477 0.0378
Support 2 (S2) 0.0448 0.0513 0.0434 0.0364
Support 3 (S3) 0.0336 0.0448 0.0350
Support 4 (S4) 0.0308