Technical Analysis for ZBISF - Zenabis Global Inc.

Grade Last Price % Change Price Change
grade D 1.2 2.56% 0.0300
ZBISF closed up 2.56 percent on Wednesday, July 17, 2019, on approximately normal volume. It ran into resistance at its 50 day moving average. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong N/A Down Down
See historical ZBISF trend table...

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Wide Bands Range Expansion 0.00%
Up 3 Days in a Row Strength 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Buy Signal Bullish 2.56%
1,2,3 Pullback Bullish Bullish Swing Setup 2.56%
Boomer Buy Setup Bullish Swing Setup 2.56%
Calm After Storm Range Contraction 2.56%
Narrow Range Bar Range Contraction 2.56%

Older signals for ZBISF ...

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Profile
Zenabis is a significant licensed cannabis cultivator of medical and recreational cannabis, and employs staff coast-to-coast, across facilities in Atholville, New Brunswick; Delta and Langley, B.C.; and Stellarton, Nova Scotia. Zenabis currently owns 3.5 million square feet of facility space that can, upon full conversion, be dedicated to cannabis production. If all facility space is fully built out and dedicated to production, Zenabis will own, and have access to, 660,000 square feet of high quality indoor cannabis production space, as well as 2.1 million square feet of greenhouse space at its Langley facility that is intended to be dedicated to cannabis production, with this cannabis production capacity strategically located on Canada’s East and West coasts. These facilities, if fully converted for cannabis production, would have the design capacity to yield 479,300kg of dried cannabis annually, for both national and international market distribution. An additional 700,000 square feet of greenhouse space will be used to continue the existing propagation business, and this will be converted at such a time that is beneficial to the strategic position of the company. The Zenabis brand name is used among the medical market, while Namaste is used to service the recreational market. The management team at Zenabis has significant experience in finance, agriculture, technology, pharmaceutical sales, consumer packaged goods, international distribution and brand marketing. Zenabis’ leadership is backed by the expertise of a Chief Operating Officer, Chief Growing Officer, a Chief Science Officer and Chief Medical Officer.
Medicine Cannabis Entheogens Euphoriants Drugs Cannabis Smoking Cannabis In Canada Canopy Growth Corporation
Is ZBISF a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 2 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 3.0276
52 Week Low 1.01
Average Volume 72,542
200-Day Moving Average 0.0
50-Day Moving Average 1.2499
20-Day Moving Average 1.3001
10-Day Moving Average 1.2461
Average True Range 0.179
ADX 42.54
+DI 37.8075
-DI 10.4393
Chandelier Exit (Long, 3 ATRs ) 1.663
Chandelier Exit (Short, 3 ATRs ) 1.587
Upper Bollinger Band 1.5568
Lower Bollinger Band 1.0434
Percent B (%b) 0.31
BandWidth 39.48927
MACD Line -0.0264
MACD Signal Line -0.0047
MACD Histogram -0.0217
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.4100
Resistance 3 (R3) 1.4167 1.3533 1.3750
Resistance 2 (R2) 1.3533 1.2999 1.3500 1.3633
Resistance 1 (R1) 1.2767 1.2668 1.3150 1.2700 1.3517
Pivot Point 1.2133 1.2133 1.2325 1.2100 1.2133
Support 1 (S1) 1.1367 1.1599 1.1750 1.1300 1.0483
Support 2 (S2) 1.0733 1.1268 1.0700 1.0367
Support 3 (S3) 0.9967 1.0733 1.0250
Support 4 (S4) 0.9900