Technical Analysis for CNAB - United Cannabis Corp

Grade Last Price % Change Price Change
grade F 0.0165 -65.63% -0.0315
CNAB closed down 65.63 percent on Tuesday, April 21, 2020, on 10.24 times normal volume. The bears made the stock sink to a new 52-week low. 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 Signals

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

Date Alert Name Type % Chg
MACD Bearish Signal Line Cross Bearish 0.00%
New 52 Week Closing Low Bearish 0.00%
Expansion Breakdown Bearish Swing Setup 0.00%
Volume Surge Other 0.00%
Wide Range Bar Range Expansion 0.00%
New 52 Week Low 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%
Older signals for CNAB ...

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Profile

United Cannabis Corporation is engaged in medical spa management business. The Company focuses on providing products, services and intellectual property to the cannabis industry. It owns intellectual property relating to the legalized growth, production, manufacture, marketing, management, utilization and distribution of medical and recreational marijuana and marijuana infused products. The Company focuses on advancing the use of phytocannabinoid therapeutics in medicine through research, product development and education. The Company's ACT Now Program utilizes its Prana Bio Nutrient Medicinals with a Health Insurance Portability and Accountability Act (HIPAA) of 1996 compliant electronic health record (EHR) software that enables physicians to create sequencing charts specific to their patients' medical aliments. The ACT Now EHR software allows for global monitoring, patient management and cannabinoid therapy protocols. It offers consulting and training services.
Medicine Cannabis Medicinal Plants Cannabis Smoking Health Sciences Medical Cannabis Herbalism Effects Of Cannabis Electronic Health Record Patient Management

Is CNAB a Buy, Sell or Hold?

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

Recent News

Indicators

Indicator Value
52 Week High 0.778
52 Week Low 0.0165
Average Volume 734,857
200-Day Moving Average 0.2726
50-Day Moving Average 0.0930
20-Day Moving Average 0.0544
10-Day Moving Average 0.0446
Average True Range 0.0137
ADX 40.56
+DI 9.1195
-DI 29.2453
Chandelier Exit (Long, 3 ATRs ) 0.0439
Chandelier Exit (Short, 3 ATRs ) 0.0576
Upper Bollinger Band 0.0804
Lower Bollinger Band 0.0284
Percent B (%b) -0.23
BandWidth 95.5882
MACD Line -0.0163
MACD Signal Line -0.0160
MACD Histogram -0.0004
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.0576
Resistance 3 (R3) 0.0622 0.0530 0.0508
Resistance 2 (R2) 0.0530 0.0426 0.0508 0.0485
Resistance 1 (R1) 0.0348 0.0361 0.0302 0.0302 0.0462
Pivot Point 0.0256 0.0256 0.0234 0.0234 0.0256
Support 1 (S1) 0.0074 0.0152 0.0028 0.0028 -0.0132
Support 2 (S2) -0.0018 0.0087 -0.0041 -0.0155
Support 3 (S3) -0.0200 -0.0018 -0.0178
Support 4 (S4) -0.0246