AMPLIFY SEYMOUR CANNABIS ETF (CNBS) Stock Technical Analysis
NYSEARCA:CNBS • US0321084826
Taking everything into account, CNBS scores 1 out of 10 in our technical rating. CNBS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- CNBS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CNBS is lagging the market.
- In the last month CNBS has a been trading in the 22.28 - 26.08 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the performance of all stocks over the past year, CNBS turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
- Considerably lower volume is observed in the last couple of days.
The technical rating of CNBS is bad and it also does not present a 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
20.06
We found 4 important support areas.
- Support @21.87 from a horizontal line in the daily time frame.
- Support @21.40 from a trend line in the daily time frame.
- Support @20.64 from a horizontal line in the weekly time frame.
- Support @20.26 from a trend line in the daily time frame.
5 important resistance areas can be observed.
- Resistance @22.37 from a horizontal line in the daily time frame.
- A resistance zone ranging from 23.59 to 24.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @24.57 from a trend line in the daily time frame.
- A resistance zone ranging from 25.19 to 25.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @29.90 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 | DOWN | NEGATIVE | The long term trend for CNBS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CNBS is down. |
| ChartMill Relative Strength | 60 | NEUTRAL | CNBS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CNBS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CNBS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CNBS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.99 | NEUTRAL | The RSI value for CNBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CNBS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 31.64 | NEUTRAL | The Stochastics value for CNBS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.32 | HIGH VOLATILITY | The high ATR as a percentage value for CNBS suggests high volalility. |
| Average Directional Index/ADX (14) | 13.75 | NEGATIVE | The low ADX value for CNBS suggests a weak or negative trend. |
NYSEARCA:CNBS (3/3/2026, 1:42:07 PM)
21.9
-0.5 (-2.23%)
AMPLIFY SEYMOUR CANNABIS ETF / CNBS FAQ
What is the ChartMill technical rating of AMPLIFY SEYMOUR CANNABIS ETF (CNBS) stock?
ChartMill assigns a technical rating of 1 / 10 to CNBS.
Can you provide the trend direction for AMPLIFY SEYMOUR CANNABIS ETF?
The current trend direction for AMPLIFY SEYMOUR CANNABIS ETF (CNBS) is Bearish.
What is the RSI signal for AMPLIFY SEYMOUR CANNABIS ETF (CNBS) stock?
AMPLIFY SEYMOUR CANNABIS ETF (CNBS) has an RSI value of 39.9888. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AMPLIFY SEYMOUR CANNABIS ETF?
The MACD indicator for AMPLIFY SEYMOUR CANNABIS ETF (CNBS) has a value of 0.034796, indicating a bearish trend.
What is the short term momentum for AMPLIFY SEYMOUR CANNABIS ETF (CNBS) stock?
The short term momentum for AMPLIFY SEYMOUR CANNABIS ETF (CNBS) is negative.