GREENLANE HOLDINGS INC - A (GNLN)

US3953303019 - Common Stock

0.636  +0.11 (+21.49%)

After market: 0.6869 +0.05 (+8%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to GNLN. Recently some decent action could be observed, but in the medium term time frame this is still negative. GNLN was also a bad performer in the overall market in the last year.

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.
When comparing the yearly performance of all stocks, GNLN is a bad performer in the overall market: 86% of all stocks are doing better.
GNLN is part of the Distributors industry. There are 13 other stocks in this industry, of which 66% 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.
In the last month GNLN has a been trading in the 0.43 - 0.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
GNLN Weekly chart
GNLN Daily chart
Setup Rating and Analysis

7

GNLN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for GNLN 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

0.50

0.69

We found 1 important support area.

  • Support @0.51 from a trend line in the daily time frame.

We found 1 important resistance area.

  • Resistance @0.68 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
CRS14.33
Mansfield-4.25
10 Day High0.72
10 Day Low0.51
20 Day High0.72
20 Day Low0.43
52 Week High3.65
52 Week Low0.37
Performance
1 Week1.21%
2 Weeks6.02%
1 Month22.31%
3 Month33.28%
6 Month11.58%
12 Month-78.87%
2 Year-99.08%
3 Year-99.93%
5 Year-99.98%
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
RSI(14)56.77
LBB0.49
UBB0.69
GNLN Daily chart

GREENLANE HOLDINGS INC - A

NASDAQ:GNLN (4/26/2024, 7:00:00 PM)

After market: 0.6869 +0.05 (+8%)

0.636

+0.11 (+21.49%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg21.49%
1 Week1.21%
2 Weeks6.02%
1 Month22.31%
3 Month33.28%
6 Month11.58%
12 Month-78.87%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.09
ATR(20)%15.56%
ATR Inc
Range Today0.15
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 High0.72
10 Day Low0.51
20 Day High0.72
20 Day Low0.43
52 Week High3.65
52 Week Low0.37
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.01M
Volume Incr-45.77%
Vol(5)501.78K
Vol(50)446.79K