GREENLANE HOLDINGS INC - A (GNLN) Stock Technical Analysis
NASDAQ:GNLN - Nasdaq - US3953304009 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to GNLN. GNLN'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than GNLN.
GNLN is part of the Distributors industry. There are 17 other stocks in this industry, of which 81% are performing better than GNLN.
GNLN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so GNLN is lagging the market.
GNLN has an average volume of 193474000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month GNLN has a been trading in the 0.01 - 0.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, GNLN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
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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 GNLN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GNLN is down. |
| ChartMill Relative Strength | 0.02 | NEGATIVE | GNLN has a low relative strength, it was outperformed by 99.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GNLN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GNLN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GNLN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 21.06 | OVERSOLD | The low RSI value suggests GNLN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GNLN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 34.29 | NEUTRAL | The Stochastics value for GNLN is a neutral value. |
| Average True Range in percent/ATR (20) | 15.69 | HIGH VOLATILITY | The high ATR as a percentage value for GNLN suggests high volalility. |
| Average Directional Index/ADX (14) | 58.19 | POSITIVE | The high ADX value value for GNLN suggests a strong 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)
0.0065
0 (-1.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg-1.52%
1 Week6.56%
2 Weeks8.33%
1 Month-10.96%
3 Month-98.77%
6 Month-99.6%
12 Month-99.88%
2 Year-99.94%
3 Year-100%
5 Year-100%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%15.69%
ATR Inc-40%
Range Today0
ADR(20)0
ADR(20)%13.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.02
Mansfield-9.97
10 Day High0.01
10 Day Low0.01
20 Day High0.01
20 Day Low0.01
52 Week High21.8
52 Week Low0.01
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)0.19%
DER(5)0.21%
Volume100.63M
Volume Incr-31.55%
Vol(5)202.87M
Vol(50)193.47M