CANNOVUM CANNABIS AG (27N0.DE) Stock Technical Analysis
FRA:27N0 - Deutsche Boerse Ag - DE000A37FUP2 - Common Stock - Currency: EUR
We assign a technical rating of 1 out of 10 to 27N0. 27N0's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, 27N0 is a bad performer in the overall market: 100% of all stocks are doing better.
27N0 is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so 27N0 is lagging the market.
Warning: 27N0 has an average volume of 2897 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month 27N0 has a been trading in the 0.20 - 0.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
27N0 has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.23, a Stop Loss order could be placed below this zone.
More info and screens
0.23
0.37
We found 1 important support area.
- A support zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.25 to 0.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.27 from a trend line in the daily time frame.
- Resistance @0.37 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for 27N0.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for 27N0.DE is down. |
| ChartMill Relative Strength | 0.73 | NEGATIVE | 27N0.DE has a low relative strength, it was outperformed by 99.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of 27N0.DE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 27N0.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of 27N0.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.81 | NEUTRAL | The RSI value for 27N0.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests 27N0.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.96 | NEUTRAL | The Stochastics value for 27N0.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 18.69 | HIGH VOLATILITY | The high ATR as a percentage value for 27N0.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 16.16 | NEGATIVE | The low ADX value for 27N0.DE suggests a weak or negative trend. |
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)
FRA:27N0 (5/30/2025, 7:00:00 PM)
0.237
+0 (+0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.85%
1 Week-3.27%
2 Weeks-13.82%
1 Month3.04%
3 Month-40.75%
6 Month-35.95%
12 Month-88.71%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%18.69%
ATR Inc-17.11%
Range Today0.02
ADR(20)0.04
ADR(20)%15.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.73
Mansfield-7.52
10 Day High0.31
10 Day Low0.2
20 Day High0.32
20 Day Low0.2
52 Week High2.7
52 Week Low0.1
CS1 End0.23
CR1 Start0.25
Volume & EV
DER(3)0%
DER(5)0%
Volume5
Volume Incr-20.2%
Vol(5)1.37K
Vol(50)2.90K