AMPLIFY SEYMOUR CANNABIS ETF (CNBS) Stock Technical Analysis
NYSEARCA:CNBS - NYSE Arca - US0321084826 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to CNBS. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CNBS is only an average performer.
Warning: CNBS has an average volume of 17913 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
In the last month CNBS has a been trading in the 17.39 - 32.82 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that CNBS is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
CNBS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CNBS is lagging the market.
Volume is considerably higher in the last couple of days.
Although CNBS has an excellent technical rating, it does not present a decent entry opportunity 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
14.07
32.81
When analyzing the support we can see 3 important areas.
- Support @27.75 from a horizontal line in the daily time frame.
- Support @19.28 from a trend line in the daily time frame.
- Support @14.21 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 31.89 to 32.49. 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 | UP | POSITIVE | The long term trend for CNBS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNBS is up. |
| ChartMill Relative Strength | 79.27 | POSITIVE | CNBS has a high relative strength, it outperformed 79.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNBS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNBS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CNBS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.47 | NEUTRAL | The RSI value for CNBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.89 | POSITIVE | The MACD value suggests CNBS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.29 | NEUTRAL | The Stochastics value for CNBS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.23 | HIGH VOLATILITY | The high ATR as a percentage value for CNBS suggests high volalility. |
| Average Directional Index/ADX (14) | 43.7 | POSITIVE | The high ADX value value for CNBS suggests a strong 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)
NYSEARCA:CNBS (8/18/2025, 8:04:03 PM)
29.7675
+2.02 (+7.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg7.27%
1 Week3.64%
2 Weeks46.93%
1 Month68.06%
3 Month79.76%
6 Month40.74%
12 Month-45.24%
2 Year-47.11%
3 Year-67.1%
5 Year-79.91%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.34
ATR(20)%6.23%
ATR Inc57%
Range Today2.41
ADR(20)1.7
ADR(20)%5.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.27
Mansfield-0.41
10 Day High32.82
10 Day Low19.82
20 Day High32.82
20 Day Low17.4
52 Week High57.93
52 Week Low13.96
CS1 End27.75
CR1 Start31.89
Volume & EV
DER(3)-5.08%
DER(5)-6.08%
Volume26.17K
Volume Incr589.95%
Vol(5)82.79K
Vol(50)17.91K