AURORA CANNABIS INC (ACB.CA) Stock Technical Analysis
TSX:ACB - Toronto Stock Exchange - CA05156X8504 - Common Stock - Currency: CAD
Taking everything into account, ACB scores 5 out of 10 in our technical rating. In the last year, ACB was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
85% of all other stocks performed better in the past year than ACB.
ACB is one of the lesser performing stocks in the Pharmaceuticals industry. 69% of 34 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month ACB has a been trading in the 5.70 - 7.69 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ACB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ACB is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ACB has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.44
8.28
When analyzing the support we can see 4 important areas.
- A support zone ranging from 6.52 to 6.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.85 from a trend line in the daily time frame.
- Support @5.75 from a trend line in the weekly time frame.
- A support zone ranging from 5.49 to 5.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @7.47 from a trend line in the weekly time frame.
- Resistance @7.78 from a trend line in the daily time frame.
- Resistance @7.99 from a horizontal line in the weekly time frame.
- Resistance @8.20 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for ACB.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACB.CA is up. |
| ChartMill Relative Strength | 15.06 | NEGATIVE | ACB.CA has a low relative strength, it was outperformed by 84.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACB.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACB.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ACB.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.17 | NEUTRAL | The RSI value for ACB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests ACB.CA has a positive trend. |
| Stochastics (14,3) | 88.94 | OVERBOUGHT | The high Stochastics value suggests ACB.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.17 | HIGH VOLATILITY | The high ATR as a percentage value for ACB.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.01 | NEUTRAL | The ADX value for ACB.CA suggests a possible start of a new 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)
TSX:ACB (8/14/2025, 7:00:00 PM)
7.43
-0.2 (-2.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-2.62%
1 Week28.55%
2 Weeks19.07%
1 Month21.21%
3 Month3.77%
6 Month-16.89%
12 Month-22.2%
2 Year10.9%
3 Year-64.95%
5 Year-94.23%
10 Year-78.27%
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%5.17%
ATR Inc-6.11%
Range Today0.34
ADR(20)0.34
ADR(20)%4.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.06
Mansfield-0.18
10 Day High7.69
10 Day Low5.7
20 Day High7.69
20 Day Low5.7
52 Week High9.9
52 Week Low4.95
CS1 End6.6
CR1 Start7.47
Volume & EV
DER(3)4.55%
DER(5)8.36%
Volume1.05M
Volume Incr290.03%
Vol(5)1.82M
Vol(50)663.45K