CRONOS GROUP INC (CRON) Technical Analysis
NASDAQ:CRON • CA22717L1013
Current stock price
2.51 USD
+0.07 (+2.87%)
At close:
2.5 USD
-0.01 (-0.4%)
After Hours:
CRON Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to CRON. Although CRON is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, we notice that CRON is one of the better performing stocks in the market, outperforming 75% of all stocks. We also observe that the gains produced by CRON over the past year are nicely spread over this period.
- In the last month CRON has a been trading in the 2.38 - 2.69 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- CRON has an average volume of 1234040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- CRON is an average performer in the Pharmaceuticals industry, it outperforms 62% of 192 stocks in the same industry.
- CRON is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CRON is lagging the market slightly.
CRON Weekly and Daily overview Charts
CRON Setup Rating and Analysis
CRON has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 2.41, a Stop Loss order could be placed below this zone.
More info and screens
CRON Support and Resistance Analysis
2.36
2.82
When analyzing the support we notice one important area.
- A support zone ranging from 2.38 to 2.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.53 to 2.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.70 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.78 to 2.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
CRON Technical Indicator Signal Analysis
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 CRON is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CRON is down. |
| ChartMill Relative Strength | 75.98 | POSITIVE | CRON has a high relative strength, it outperformed 75.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CRON is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CRON is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CRON is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.12 | NEUTRAL | The RSI value for CRON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CRON has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.26 | NEUTRAL | The Stochastics value for CRON is a neutral value. |
| Average True Range in percent/ATR (20) | 3.54 | MEDIUM VOLATILITY | The ATR as a percentage value for CRON suggests some volalility. |
| Average Directional Index/ADX (14) | 13.63 | NEGATIVE | The low ADX value for CRON suggests a weak or negative trend. |
CRON Chart- and CandleStick Pattern Analysis
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)
CRON Technicals: Chart, Performance Metrics, Trend & Indicators
2.51
+0.07 (+2.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.87%
1 Week-2.71%
2 Weeks-3.09%
1 Month-3.46%
3 Month-7.04%
6 Month-2.71%
12 Month46.78%
2 Year-3.83%
3 Year29.38%
5 Year-73.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%3.54%
ATR Inc21.37%
Range Today0.08
ADR(20)0.08
ADR(20)%3.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.98
3 months CRS33.06
6 months CRS47.42
Mansfield0.52
10 Day High2.67
10 Day Low2.38
20 Day High2.69
20 Day Low2.38
52 Week High3.43
52 Week Low1.6
CS1 End2.41
CR1 Start2.53
Volume & EV
DER(3)-0.25%
DER(5)-1.81%
Volume656.80K
Volume Incr-31.61%
Vol(5)829.58K
Vol(50)1.23M
CRONOS GROUP INC / CRON TA FAQ
What is the technical rating for CRON stock?
ChartMill assigns a technical rating of 3 / 10 to CRON.
What is the current trend direction of CRONOS GROUP INC (CRON) stock?
The current trend direction for CRONOS GROUP INC (CRON) is Bearish.
Can you provide the RSI signal for CRONOS GROUP INC?
CRONOS GROUP INC (CRON) has an RSI value of 47.115. This indicates that the stock is currently neutral.
What is the short term momentum for CRONOS GROUP INC (CRON) stock?
The short term momentum for CRONOS GROUP INC (CRON) is negative.