FLORA GROWTH CORP (FLGC)

CA3397642016 - Common Stock

1.3  -0.03 (-2.26%)

After market: 1.41 +0.11 (+8.46%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to FLGC. FLGC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, FLGC is a bad performer in the overall market: 85% of all stocks are doing better.
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.
FLGC has an average volume of 1033790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FLGC is an average performer in the Personal Care Products industry, it outperforms 41% of 37 stocks in the same industry.
In the last month FLGC has a been trading in the 1.08 - 1.79 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.
Weekly and Daily overview Charts
FLGC Weekly chart
FLGC Daily chart
Setup Rating and Analysis

8

FLGC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.29, 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.
Support and Resistance Analysis

0.74

2.45

We found 4 important support areas.

  • A support zone ranging from 1.27 to 1.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @1.04 from a trend line in the weekly time frame.
  • Support @0.83 from a trend line in the daily time frame.
  • Support @0.75 from a horizontal line in the daily time frame.

We can see 3 important resistance areas.

  • Resistance @1.75 from a trend line in the weekly time frame.
  • Resistance @2.01 from a trend line in the weekly time frame.
  • Resistance @2.43 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.67
Mansfield-3.82
10 Day High1.74
10 Day Low1.23
20 Day High1.79
20 Day Low1.09
52 Week High5.48
52 Week Low0.63
Performance
1 Week-10.96%
2 Weeks-20.73%
1 Month-22.62%
3 Month38.73%
6 Month41.8%
12 Month-75%
2 Year-93.5%
3 Year-98.38%
5 YearN/A
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)-0.03
RSI(14)39.75
LBB1.17
UBB1.79
FLGC Daily chart

FLORA GROWTH CORP

NASDAQ:FLGC (5/16/2024, 7:00:00 PM)

After market: 1.41 +0.11 (+8.46%)

1.3

-0.03 (-2.26%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg-2.26%
1 Week-10.96%
2 Weeks-20.73%
1 Month-22.62%
3 Month38.73%
6 Month41.8%
12 Month-75%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.21
ATR(20)%15.75%
ATR Inc
Range Today0.34
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 High1.74
10 Day Low1.23
20 Day High1.79
20 Day Low1.09
52 Week High5.48
52 Week Low0.63
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume793.50K
Volume Incr-20.3%
Vol(5)350.08K
Vol(50)1.03M