GREENLANE HOLDINGS INC - A (GNLN)

US3953303019 - Common Stock

0.5707  -0.04 (-6.64%)

After market: 0.5851 +0.01 (+2.52%)

Technical Rating and Analysis

3

Taking everything into account, GNLN scores 3 out of 10 in our technical rating. GNLN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
87% of all other stocks performed better in the past year than GNLN.
GNLN is part of the Distributors industry. There are 13 other stocks in this industry, of which 66% are performing better than GNLN.
GNLN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month GNLN has a been trading in the 0.50 - 0.84 range, which is quite wide. It is currently trading near the lows of this range.
Weekly and Daily overview Charts
GNLN Weekly chart
GNLN Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, GNLN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for GNLN in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

0.50

0.76

When analyzing the support we can see 2 important areas.

  • Support @0.53 from a horizontal line in the weekly time frame.
  • Support @0.51 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

  • Resistance @0.62 from a horizontal line in the daily time frame.
  • Resistance @0.64 from a horizontal line in the weekly time frame.
  • Resistance @0.75 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.08
Mansfield-4.06
10 Day High0.64
10 Day Low0.5
20 Day High0.84
20 Day Low0.5
52 Week High3.4
52 Week Low0.37
Performance
1 Week7.25%
2 Weeks-7.49%
1 Month-9.18%
3 Month33.78%
6 Month-1.77%
12 Month-82.23%
2 Year-99.03%
3 Year-99.93%
5 Year-99.98%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)49.12
LBB0.47
UBB0.72
GNLN Daily chart

GREENLANE HOLDINGS INC - A

NASDAQ:GNLN (5/17/2024, 7:02:14 PM)

After market: 0.5851 +0.01 (+2.52%)

0.5707

-0.04 (-6.64%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg-6.64%
1 Week7.25%
2 Weeks-7.49%
1 Month-9.18%
3 Month33.78%
6 Month-1.77%
12 Month-82.23%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.09
ATR(20)%14.82%
ATR Inc
Range Today0.06
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.64
10 Day Low0.5
20 Day High0.84
20 Day Low0.5
52 Week High3.4
52 Week Low0.37
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume344.70K
Volume Incr-21.18%
Vol(5)515.60K
Vol(50)593.51K