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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, 27N0 is a bad performer in the overall market: 99% 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Warning: 27N0 has an average volume of 1940 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 0.21 - 0.28 range, which is quite wide. It is currently trading near the high of this range.
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. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
0.22
0.28
When analyzing the support we can see 4 important areas.
- A support zone ranging from 0.25 to 0.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.23 from a horizontal line in the daily time frame.
- A support zone ranging from 0.22 to 0.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.27 from a trend line in the daily time frame.
- A resistance zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for 27N0.DE is neutral. |
| ChartMill Relative Strength | 1.43 | NEGATIVE | 27N0.DE has a low relative strength, it was outperformed by 98.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 27N0.DE is above 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) | 50.56 | NEUTRAL | The RSI value for 27N0.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests 27N0.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.43 | NEUTRAL | The Stochastics value for 27N0.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 13.24 | HIGH VOLATILITY | The high ATR as a percentage value for 27N0.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 8.41 | 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 (7/28/2025, 7:00:00 PM)
0.253
-0.02 (-8.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-8.66%
1 Week3.27%
2 Weeks2.02%
1 Month2.43%
3 Month-4.53%
6 Month-49.4%
12 Month-87.16%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%13.24%
ATR Inc-18.4%
Range Today0.03
ADR(20)0.03
ADR(20)%11.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.43
Mansfield-6.04
10 Day High0.28
10 Day Low0.21
20 Day High0.28
20 Day Low0.21
52 Week High2.02
52 Week Low0.1
CS1 End0.25
CR1 Start0.27
Volume & EV
DER(3)0%
DER(5)0%
Volume350
Volume Incr-63.06%
Vol(5)980.8
Vol(50)1.94K