AMPLIFY SEYMOUR CANNABIS ETF (CNBS) Stock Technical Analysis
USA - NYSEARCA:CNBS - US0321084826 - ETF
Taking everything into account, CNBS scores 2 out of 10 in our technical rating. CNBS was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
CNBS has a poor technical rating and the quality of the setup is also not perfect 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.
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14.07
2 important support areas can be observed.
- A support zone ranging from 25.52 to 25.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.21 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @28.61 from a trend line in the weekly time frame.
- A resistance zone ranging from 29.36 to 29.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @31.75 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 | UP | POSITIVE | The long term trend for CNBS is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CNBS is down. |
| ChartMill Relative Strength | 23.01 | NEGATIVE | CNBS has a low relative strength, it was outperformed by 76.99% off all stocks 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 | POSITIVE | The current price of CNBS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.2 | NEUTRAL | The RSI value for CNBS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests CNBS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.35 | OVERSOLD | The low Stochastics value suggests CNBS may be oversold. |
| Average True Range in percent/ATR (20) | 6.1 | HIGH VOLATILITY | The high ATR as a percentage value for CNBS suggests high volalility. |
| Average Directional Index/ADX (14) | 18.31 | NEGATIVE | The low ADX value for CNBS suggests a weak or negative trend. |
NYSEARCA:CNBS (11/3/2025, 8:04:00 PM)
26.5586
-0.73 (-2.66%)
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 2 / 10 to CNBS.
What is the trend direction for CNBS stock?
The current trend direction for AMPLIFY SEYMOUR CANNABIS ETF (CNBS) is Bullish.
What is the RSI signal for AMPLIFY SEYMOUR CANNABIS ETF (CNBS) stock?
AMPLIFY SEYMOUR CANNABIS ETF (CNBS) has an RSI value of 42.2037. This indicates that the stock is currently neutral.
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.
What are the support and resistance levels for AMPLIFY SEYMOUR CANNABIS ETF (CNBS) stock?
AMPLIFY SEYMOUR CANNABIS ETF (CNBS) has a support level at 25.77 and a resistance level at 28.61. Check the full technical report for our detailed analysis of CNBS support and resistance levels.