CRONOS GROUP INC (CRON) Technical Analysis
NASDAQ:CRON • CA22717L1013
Current stock price
2.64 USD
-0.03 (-1.12%)
At close:
2.6403 USD
+0 (+0.01%)
After Hours:
CRON Technical Rating and Analysis
Overall CRON gets a technical rating of 4 out of 10. 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.
- In the last month CRON has a been trading in the 2.50 - 3.26 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, CRON did better than 79% of all other stocks.
- CRON has an average volume of 1445150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- CRON is an average performer in the Pharmaceuticals industry, it outperforms 67% of 191 stocks in the same industry.
- CRON is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CRON is lagging the market.
- Considerably lower volume is observed in the last couple of days.
CRON Weekly and Daily overview Charts
CRON Setup Rating and Analysis
Although the technical rating is only medium, CRON does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 2.60, a Stop Loss order could be placed below this zone.
More info and screens
CRON Support and Resistance Analysis
2.35
2.84
3 important support areas can be observed.
- A support zone ranging from 2.60 to 2.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.47 to 2.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.37 to 2.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.64 to 2.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.76 to 2.81. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for CRON is neutral. |
| ChartMill Relative Strength | 79.97 | POSITIVE | CRON has a high relative strength, it outperformed 79.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CRON is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CRON is above 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) | 50.79 | NEUTRAL | The RSI value for CRON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CRON has a negative trend. |
| Stochastics (14,3) | 14.09 | OVERSOLD | The low Stochastics value suggests CRON may be oversold. |
| Average True Range in percent/ATR (20) | 4.81 | MEDIUM VOLATILITY | The ATR as a percentage value for CRON suggests some volalility. |
| Average Directional Index/ADX (14) | 25.2 | POSITIVE | The high ADX value value for CRON suggests a strong 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
2.64
-0.03 (-1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.12%
1 Week-1.49%
2 Weeks-1.86%
1 Month4.35%
3 Month5.18%
6 Month5.18%
12 Month43.48%
2 Year1.93%
3 Year50.86%
5 Year-70.7%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%4.81%
ATR Inc-34.64%
Range Today0.09
ADR(20)0.12
ADR(20)%4.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.97
3 months CRS72.38
6 months CRS60.64
Mansfield-0.11
10 Day High3.26
10 Day Low2.54
20 Day High3.26
20 Day Low2.5
52 Week High3.43
52 Week Low1.81
CS1 End2.6
CR1 Start2.64
Volume & EV
DER(3)0.45%
DER(5)2.8%
Volume872.90K
Volume Incr-51.63%
Vol(5)929.10K
Vol(50)1.45M
CRONOS GROUP INC / CRON TA FAQ
What is the technical rating for CRON stock?
ChartMill assigns a technical rating of 4 / 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 50.7946. 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 neutral.