Technical Analysis for CRLBF - Cresco Labs Inc

Grade Last Price % Change Price Change
F 3.86 -1.03% -0.0400
CRLBF closed down 1.03 percent on Wednesday, May 18, 2022, on approximately 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 EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Very Strong Down Down Down

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
New 52 Week Low Weakness 0.00%
Earnings Movers Other 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
1,2,3 Retracement Bearish Bearish Swing Setup -1.03%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -1.03%
NR7 Range Contraction -1.03%
Inside Day Range Contraction -1.03%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Rose Above Lower Bollinger Band 20 days ago
Down 1% 20 days ago
Up 2% 20 days ago
Up 1% 20 days ago
Up 1% 23 days ago

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Profile

Cresco Labs Inc. manufactures and sells medical cannabis products in the United States. It offers cannabis dry flower; vaporizer forms of cannabis; cannabis oil in capsule, oral and sublingual solutions; cannabis in topical; and other cannabis products. The company also provides cannabis infused edibles, including chocolate and toffee confections, fruit-forward gummies, and hard sweet and chews. It sells its products under the Cresco brand. The company was formerly known as Cresco Labs, LLC and changed its name to Cresco Labs Inc. in November 2018. Cresco Labs Inc. is headquartered in Chicago, Illinois.
Classification

Sector: Healthcare
Industry: Drug Manufacturers - Specialty & Generic
Keywords: Cannabis Entheogens Euphoriants Medicinal Plants Cannabis Smoking Psychoactive Drugs Human Behavior Cannabis Products Vaporizer Cannabis Oil Medical Cannabis Products Cresco Labs

Is CRLBF 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 12.88
52 Week Low 3.8
Average Volume 582,807
200-Day Moving Average 7.3336
50-Day Moving Average 5.2555
20-Day Moving Average 4.4016
10-Day Moving Average 4.0080
Average True Range 0.3412
RSI 25.93
ADX 51.33
+DI 5.7009
-DI 20.9012
Chandelier Exit (Long, 3 ATRs) 4.5640
Chandelier Exit (Short, 3 ATRs) 4.8236
Upper Bollinger Bands 5.4087
Lower Bollinger Band 3.3945
Percent B (%b) 0.23
BandWidth 45.7606
MACD Line -0.4417
MACD Signal Line -0.4408
MACD Histogram -0.0009
Fundamentals Value
Market Cap 684.01 Million
Num Shares 177 Million
EPS -0.14
Price-to-Earnings (P/E) Ratio -26.81
Price-to-Sales 5.45
Price-to-Book 3.65
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.2649
Resistance 3 (R3) 4.2898 4.1799 4.1974
Resistance 2 (R2) 4.1799 4.0768 4.1674 4.1749
Resistance 1 (R1) 4.0199 4.0131 3.9650 3.9950 4.1524
Pivot Point 3.9100 3.9100 3.8825 3.8975 3.9100
Support 1 (S1) 3.7500 3.8069 3.6951 3.7251 3.5676
Support 2 (S2) 3.6401 3.7432 3.6276 3.5451
Support 3 (S3) 3.4801 3.6401 3.5226
Support 4 (S4) 3.4552