CANADABIS CAPITAL INC (CANB.CA) Stock Technical Analysis
TSX-V:CANB - TSX Venture Exchange - CA13530Q1046 - Common Stock - Currency: CAD
Taking everything into account, CANB scores 0 out of 10 in our technical rating. CANB 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 negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, CANB is a bad performer in the overall market: 97% of all stocks are doing better.
CANB is one of the lesser performing stocks in the Pharmaceuticals industry. 82% of 35 stocks in the same industry do better.
CANB 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 CANB has a been trading in the 0.04 - 0.06 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CANB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.04
0.08
When analyzing the support we notice one important area.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.08 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 CANB.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CANB.CA is down. |
| ChartMill Relative Strength | 3.79 | NEGATIVE | CANB.CA has a low relative strength, it was outperformed by 96.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CANB.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CANB.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CANB.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.74 | NEUTRAL | The RSI value for CANB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CANB.CA has a positive trend. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for CANB.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.44 | MEDIUM VOLATILITY | The ATR as a percentage value for CANB.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.09 | NEUTRAL | The ADX value for CANB.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-V:CANB (7/17/2025, 7:00:00 PM)
0.045
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0%
1 Week12.5%
2 Weeks0%
1 Month-10%
3 Month-47.06%
6 Month-25%
12 Month-30.77%
2 Year-84.48%
3 Year28.57%
5 Year-77.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%4.44%
ATR Inc-100%
Range Today0
ADR(20)0
ADR(20)%3.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.79
Mansfield-3.13
10 Day High0.06
10 Day Low0.04
20 Day High0.06
20 Day Low0.04
52 Week High0.11
52 Week Low0.04
CS1 End0.04
CR1 Start0.06
Volume & EV
DER(3)0%
DER(5)0%
Volume17.40K
Volume Incr25.93%
Vol(5)83.33K
Vol(50)132.43K