FLORA GROWTH CORP (FLGC) Stock Technical Analysis
NASDAQ:FLGC - CA3397642016 - Common Stock
22.71 USD
+2.26 (+11.05%)
We assign a technical rating of 1 out of 10 to FLGC. FLGC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
92% of all other stocks performed better in the past year than FLGC.
FLGC is part of the Personal Care Products industry. There are 36 other stocks in this industry, of which 74% are performing better than FLGC.
FLGC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month FLGC has a been trading in the 16.07 - 24.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, FLGC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 22.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.89, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FLGC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
18.77
24.54
When analyzing the support we can see 2 important areas.
- A support zone ranging from 20.45 to 20.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.96 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 22.81 to 22.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.55 from a trend line in the daily time frame.
- A resistance zone ranging from 24.30 to 24.30. 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 | DOWN | NEGATIVE | The long term trend for FLGC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FLGC is neutral. |
| ChartMill Relative Strength | 8.41 | NEGATIVE | FLGC has a low relative strength, it was outperformed by 91.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FLGC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FLGC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FLGC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.75 | NEUTRAL | The RSI value for FLGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests FLGC has a positive trend. |
| Stochastics (14,3) | 50.38 | NEUTRAL | The Stochastics value for FLGC is a neutral value. |
| Average True Range in percent/ATR (20) | 11.56 | HIGH VOLATILITY | The high ATR as a percentage value for FLGC suggests high volalility. |
| Average Directional Index/ADX (14) | 11.39 | NEGATIVE | The low ADX value for FLGC suggests a weak or negative 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)
NASDAQ:FLGC (9/2/2025, 8:02:43 PM)
22.71
+2.26 (+11.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg11.05%
1 Week10.03%
2 Weeks-2.82%
1 Month5.78%
3 Month-9.01%
6 Month-10.73%
12 Month-41.54%
2 Year-49.8%
3 Year-95.87%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.27
ATR(20)%11.56%
ATR Inc-22.49%
Range Today1.67
ADR(20)2.47
ADR(20)%10.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.41
Mansfield-4.08
10 Day High23.9
10 Day Low18.78
20 Day High24.86
20 Day Low16.07
52 Week High82.29
52 Week Low15.15
CS1 End20.89
CR1 Start22.81
Volume & EV
DER(3)10.58%
DER(5)14.04%
Volume18.00K
Volume Incr-88.14%
Vol(5)10.74K
Vol(50)99.29K