Trading Signals: ACB Stock Price Prediction and Forecast

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Fri. Feb. 26, 2021

Trading Signals: ACB Stock Price Prediction and Forecast (Wed. Oct. 24, 2018 - Fri. Feb. 26, 2021)

(Aurora Cannabis Inc.)
ACB latest price $10.5200 (-2.77%) ($10.4800 - $11.1900) on Fri. Feb. 26, 2021.

Trend Analysis and Forecast

Trend Pattern   Growing Downtrend
Trend Narrative   Downtrend
Average Daily Price Swing   $1.94 (15.06% one month average)
Average Daily Percentage Swing   7.97% (three month average)
Weekly Trend Force   -2.5% (StdDev 7.97%)
Daily Moving Force   -3%
Rebound Strength   None(0%)
Trend   -2.08%
Trend Strength   -7.4%
RSI   48
Momentum   1.9
Latest Price   $10.5200(-2.77%)
Forecasted Low Price   9.88(-6.1%)
Forecasted High Price   10.73(2%)
Direction of Next Movement   Lower(-4%)
% Change Needed to Confirm Rebound   11.8% ((11.76))
% Change Needed for Trend Reversal   17.4%
Hourly Trend -3.1% [$10.99(-0.34), $11.08(-0.31)]
Stocks Behave Similarly   Similar Stock List
Complacency   0
Intraday Reversal Probability   N/A.
Daily Trend   ACB declines -3% a day on average for past five trading days.
Weekly Trend   ACB declines -14.8% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Rotation from value to growth for small cap.
Correlated ETFs   Broad market will support ACB advance at -0% a week (61% probability)
MJ(90%)    XOP(50%)    OIH(48%)    REMX(47%)    XLE(47%)
Factors Impacting ACB price   ACB will advance at least 0.1% in a week (9% probabilities).
UUP(-11%)    TBT(-10%)    SLV(-8%)    XLV(-7%)    VXX(-5%)
Explanation The decline is not sustainable and not supported by the broad market.
Trading Plan   Not Available

Valuation to SPY -1.1

Relative Volatility 0.8 (options are expensive)

Market Trend Strength   -2.4% (StdDev 7.97%)
Hourly BBV -1.3 ()
Intraday Trend -2.8%

Next Day Open Price   $10.4(-1.12%)
Resistance Level   $12.88
5 Day Moving Average   $11.19(-5.99%)
10 Day Moving Average   $11.93(-11.82%)
20 Day Moving Average   $12.88(-18.32%)
To recent high   -44.4%
To recent low   26.6%
Market Cap   $1.728b

Option Sentiment

Earning Release Date   Wed. Dec. 31, 1969
Analyst One Year Target Price   $8.01 ($3.75 - $12.34)
  15 analysts (last updated on Mon. Nov. 16, 2020)
% to Average Target Price   -23.86%
% to Low Target Price   -64.35%
% to High Target Price   17.3%

Aurora Cannabis, Inc. engages in the production, distribution and sale of cannabis products. It also produces and sells indoor cultivation systems and hemp related food products. The company was founded by Terry Booth and Steve Dobler on December 21, 2006 and is headquartered in Calgary, Canada.

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. ACB price fluctuates within 15.06% (three month std-dev: 7.97% one year average std_dev: 0%) daily (68% of days).
$. ACB price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart Hourly Chart 15 Minute Chart

i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Feb_26_2021	12.88 (-0%)	11.93 (-3%)	11.19 (-3%)	11.08	10.99(0%)	10.52(-2.77%)	10.48-11.19	-1(-1.2)	-1.3	-3%	-2.5%	0%	-2.08%	-7.4%	48	1.9	Growing Downtrend	Lower(-4.1%)	0	-1.1	0.4	Downtrend	10.06(-4.37%)	9.73-10.84	11.84	-44.4%-26.6%
2	Feb_25_2021	12.96 (0.2%)	12.31 (-2.6%)	11.53 (-2%)	11.39	11.33(0%)	10.82(-7.04%)	10.74-11.71	-0.8(-1.1)	-2.7	-0.4%	-4.4%	0%	-1.74%	-5%	48	1.8	Growing Downtrend	Range(-1.3%)	1	-1	0.5	Correction	9.06(-16.25%)	8.78-10.19	11.63	-42.8%-30.2%
3	Feb_24_2021	13 (0.2%)	13.08 (-1.8%)	11.77 (-2.3%)	11.62	11.18(0%)	11.64(3.84%)	11-11.77	-0.6(-0.7)	-0.1	-2.5%	-2%	0%	-1.14%	0.6%	48	1.8	Growing Downtrend	Lower(-4.5%)	2	-0.7	1.1	Correction	10.07(-13.45%)	9.81-11.14	10.95	-38.5%-40.1%
4	Feb_23_2021	12.97 (0.2%)	13.47 (-1.2%)	12.05 (-4.6%)	11.93	11.45(0%)	11.21(-4.76%)	10.1-11.34	-0.5(-0.9)	-2.5	-5.1%	-1.9%	0%	-0.74%	3.8%	51	1.7	Growing Downtrend	Lower(-4.6%)	3	-0.9	1.5	Correction	9.96(-11.19%)	9.72-10.88	18.31	-40.8%-56.1%
5	Feb_22_2021	12.94 (0.4%)	13.85 (-0.2%)	12.63 (-1.1%)	12.51	12.07(0%)	11.77(-3.6%)	11.73-12.39	-0.2(-0.6)	-2.3	-2.5%	-0.6%	0%	-0.08%	7%	57	1.7	Growing Downtrend	Range(-1.3%)	4	-0.6	1.7	Range Bound	11.97(1.71%)	12.22-11.77	13.06	-37.8%-63.9%

6	Feb_19_2021	12.91 (0.4%)	13.99 (0%)	12.77 (-3.4%)	12.89	12.41(0%)	12.21(1.58%)	11.81-12.6	-0.1(-0.3)	-2.1	-3.4%	-0.5%	0%	0.14%	8.4%	59	1.8	Downtrend Reversal	Range(-3.9%)	5	-0.3	1.9	Range Bound	12.3(0.7%)	12.4-12.21	13.38	-35.5%-72.7%
7	Feb_18_2021	12.87 (0.6%)	14.11 (0.6%)	13.22 (-9.5%)	13.13	12.95(0%)	12.02(-7.96%)	12.01-13.56	0.2(-0.4)	-2.9	-5.9%	-1%	0%	0.6%	9.7%	56	1.8	Downtrend Reversal	Range(-2.9%)	6	-0.5	1.9	Downtrend Reversal	11.43(-4.94%)	11.25-12.12	20.57	-36.5%-71.2%
8	Feb_17_2021	12.85 (1.4%)	14.11 (2.2%)	14.6 (-3.4%)	14.11	13.37(0%)	13.06(-7.31%)	12.83-13.74	0.7(0.1)	-4.2	-3.2%	0.2%	0%	1.96%	11.4%	61	1.9	Correction	Range(0.7%)	7	0	2.1	Uptrend Consolidation	13.12(0.47%)	12.96-13.62	19.68	-31%-86%
9	Feb_16_2021	12.8 (1.8%)	14.31 (3.2%)	15.11 (-1.1%)	15.37	13.31(0%)	14.09(12.9%)	12.85-14.09	1.2(0.6)	-1.1	-7.1%	1.5%	0%	2.7%	11.8%	65	1.9	Correction	Lower(-5.6%)	8	0.6	2	Uptrend	14.98(6.31%)	13.86-15.46	31.12	-25.5%-106.9%
10	Feb_12_2021	12.69 (2%)	14.05 (3.6%)	15.27 (-0.4%)	15.91	14.85(0%)	12.48(-13.75%)	12.35-14.5	1.6(-0.1)	-1.5	-9.2%	0.5%	0%	3.14%	10.7%	64	1.9	Correction Correction	Range(-1.8%)	9	-0.1	2.1	Uptrend	13.48(8%)	12.53-13.88	56.23	-34%-83.3%

11	Feb_11_2021	12.67 (2.2%)	13.97 (4%)	15.33 (1.9%)	16.13	17.43(0%)	14.47(-23.52%)	14.39-18.93	2(0.9)	-0.8	3.4%	1.7%	-2.8%	3.4%	10.3%	67	2	Uptrend Dip	Range(-3.9%)	10	1	2.2	Uptrend Dip	17.33(19.74%)	13.77-18.22	81.07	-23.5%-112.5%
12	Feb_10_2021	12.49 (2.2%)	13.7 (3.8%)	15.05 (7.4%)	15.22	16.97(0%)	18.92(21.2%)	16.5-18.98	2.3(3.2)	2.8	10.1%	5.2%	-8.6%	3.38%	9.7%	77	2.1	Overbought	Lower(-12.1%)	10	3.3	2.2	Growing Uptrend	20.93(10.65%)	17.31-21.84	81.9	0%-177.8%
13	Feb_9_2021	12.04 (1.8%)	12.89 (3%)	14.02 (4.3%)	14	14.82(0%)	15.61(4.98%)	15.09-16.77	2.1(2.5)	1.8	6.5%	3.4%	-3.6%	2.62%	7%	68	1.5	Breakout	Range(-3.9%)	10	2.5	2	Growing Uptrend	16.48(5.56%)	14.83-16.89	52.17	0%-129.2%
14	Feb_8_2021	11.77 (1.6%)	12.38 (2.2%)	13.44 (5.8%)	13.46	13.48(0%)	14.87(16.17%)	12.91-15	2(2.6)	3.6	3.3%	3.4%	-1.6%	2.08%	5.2%	64	1.2	Breakout	Higher(5.1%)	9	2.5	1.8	Growing Uptrend	15.39(3.51%)	14.2-15.69	34.25	0%-118.4%
15	Feb_5_2021	11.52 (1.4%)	11.9 (1.2%)	12.7 (2.7%)	12.97	13.18(0%)	12.8(-2.07%)	12.56-13.33	1.7(1.3)	1.5	0.6%	1.6%	0%	1.32%	3.4%	55	0.8	Growing Uptrend	Range(3.2%)	8	1.2	1.7	Growing Uptrend	13.02(1.68%)	12.55-13.13	16.58	-6.9%-104.1%

16	Feb_4_2021	11.38 (1.4%)	11.69 (0.8%)	12.37 (2.2%)	12.52	13.44(0%)	13.07(-4.95%)	12.78-14.14	1.6(1.7)	1.1	4%	1.6%	0%	0.94%	2.7%	57	0.7	Growing Uptrend	Higher(8.1%)	7	1.7	1.5	Uptrend Dip	13.51(3.36%)	13.01-13.63	23.99	-4.9%-195%
17	Feb_3_2021	11.24 (1.4%)	11.48 (0.6%)	12.1 (4.4%)	12.08	12.76(0%)	13.75(8.27%)	12.89-14.15	1.5(2.7)	1.9	6.6%	2.1%	0%	0.8%	2.2%	67	0.7	Breakout	Higher(8.7%)	6	2.7	1.7	Growing Uptrend	13.82(0.49%)	13.19-13.98	47.3	0%-210.4%
18	Feb_2_2021	11.03 (1.4%)	11.23 (0.2%)	11.59 (3.7%)	11.59	11.6(0%)	12.7(13.39%)	11.12-12.95	1.1(2.2)	2.9	2.3%	1.1%	0%	0.52%	1.8%	66	0.6	Breakout	Range(3.4%)	5	2.1	1.4	Growing Uptrend	12.74(0.28%)	12.35-12.83	40.32	0%-186.7%
19	Feb_1_2021	10.87 (1.2%)	11.12 (-0%)	11.18 (1.8%)	11.31	11.39(0%)	11.2(0.45%)	10.8-11.44	0.6(0.5)	-0.2	-0.1%	-0.1%	0%	0.36%	2.3%	59	0.6	N/A	Range(-0.2%)	5	0.6	1.1	Correction	11.07(-1.18%)	10.9-11.28	14.49	-7%-152.8%
20	Jan_29_2021	10.74 (1%)	11.2 (0.2%)	10.98 (0.9%)	11.17	11.59(0%)	11.15(-4.7%)	11.09-12.32	0.6(0.6)	0.2	2.5%	-0.2%	0%	0.38%	4.3%	63	0.6	N/A	Range(4.7%)	5	0.9	0.2	After Top	11.08(-0.59%)	10.86-11.27	24.89	-7.4%-175.3%

21	Jan_28_2021	10.63 (1%)	11.27 (0.4%)	10.88 (1%)	10.88	11.24(0%)	11.7(4.46%)	11.2-12.13	0.6(1.2)	2.6	3.1%	0.9%	0%	0.5%	6.1%	65	0.7	Growing Uptrend	Range(4%)	5	1.2	0.6	Uptrend	11.71(0.09%)	11.5-11.8	21.6	-2.8%-205.5%
22	Jan_27_2021	10.47 (0.8%)	11.19 (0.4%)	10.77 (-0.7%)	10.61	10.75(0%)	11.2(4.97%)	10.27-11.68	0.4(0.7)	0.3	0.7%	0.7%	0%	0.48%	6.9%	61	0.8	Growing Uptrend	Range(1.4%)	5	0.9	0.9	Uptrend	11.23(0.23%)	11.04-11.3	29.88	-7%-192.4%
23	Jan_26_2021	10.34 (0.8%)	11.13 (0.6%)	10.84 (-2.1%)	10.7	10.52(0%)	10.67(5.02%)	10.16-11.17	0.5(0.3)	0.2	-1%	0.3%	0%	0.64%	7.6%	63	0.9	Correction	Range(-0.7%)	5	0.2	1.5	Uptrend Consolidation	10.56(-1%)	10.5-10.74	26.61	-11.4%-178.6%
24	Jan_25_2021	10.26 (1%)	11.12 (1%)	11.07 (-3.3%)	10.96	10.48(0%)	10.16(-4.6%)	10.04-10.9	0.7(-0.1)	-2.6	-3.6%	0.1%	0%	0.96%	8.4%	62	0.9	Downtrend Reversal	Range(-1.2%)	5	-0.3	2.2	Uptrend Consolidation	10.23(0.69%)	10.22-10.27	22.17	-15.6%-165.3%
25	Jan_22_2021	10.22 (1.2%)	11.13 (1.8%)	11.45 (-2.2%)	11.31	10.88(0%)	10.65(-4.66%)	10.22-10.74	1.1(0.4)	-0.8	-4.3%	0.4%	0%	1.56%	8.9%	77	1	Confirmed Correction	Range(-1.6%)	6	0.3	2.1	Uptrend Consolidation	10.56(-0.81%)	10.47-10.85	28.94	-11.5%-178.1%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low