CRONOS GROUP INC (CRON)
CA22717L1013 - Common Stock
We assign a technical rating of 9 out of 10 to CRON. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CRON is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CRON did better than 88% of all other stocks.
CRON is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 77% of 198 stocks in the same industry.
CRON is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CRON is performing more or less in line with the market.
In the last month CRON has a been trading in the 2.17 - 2.98 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CRON has an average volume of 3527640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CRON 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
1.65
2.98
7 important support areas can be observed.
- Support @2.64 from a trend line in the weekly time frame.
- Support @2.46 from a trend line in the daily time frame.
- A support zone ranging from 2.35 to 2.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.10 from a trend line in the weekly time frame.
- A support zone ranging from 2.03 to 2.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.96 from a horizontal line in the daily time frame.
- Support @1.67 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @2.69 from a horizontal line in the weekly time frame.
- Resistance @2.95 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.91
Mansfield1.94
10 Day High2.98
10 Day Low2.17
20 Day High2.98
20 Day Low2.17
52 Week High2.99
52 Week Low1.64
Performance
1 Week6.4%
2 Weeks10.37%
1 Month-3.27%
3 Month27.27%
6 Month43.01%
12 Month32.34%
2 Year-11.63%
3 Year-70.48%
5 Year-81.11%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)55.88
LBB2.22
UBB2.83
CRONOS GROUP INC
NASDAQ:CRON (5/2/2024, 7:00:00 PM)
After market: 2.7 +0.04 (+1.5%)2.66
-0.05 (-1.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.85%
1 Week6.4%
2 Weeks10.37%
1 Month-3.27%
3 Month27.27%
6 Month43.01%
12 Month32.34%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.19
ATR(20)%6.93%
ATR Inc
Range Today0.25
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.98
10 Day Low2.17
20 Day High2.98
20 Day Low2.17
52 Week High2.99
52 Week Low1.64
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.15M
Volume Incr36.42%
Vol(5)5.33M
Vol(50)3.53M