Trading Signals: CRON Stock Price Prediction and Forecast

^ CRON: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice

Fri. Feb. 26, 2021

Trading Signals: CRON Stock Price Prediction and Forecast (Tue. Jul. 12, 2016 - Fri. Feb. 26, 2021)

(Cronos Group Inc)
CRON latest price $10.5600 (-2.22%) ($10.5600 - $10.5600) on Fri. Feb. 26, 2021.

Trend Analysis and Forecast

Trend Pattern   Growing Downtrend
Trend Narrative   Correction
Average Daily Price Swing   $1.19 (9.92% one month average)
Average Daily Percentage Swing   5.64% (three month average)
Weekly Trend Force   -1% (StdDev 5.64%)
Daily Moving Force   -3.4%
Rebound Strength   None(0%)
Trend   -1.1%
Trend Strength   -2.4%
RSI   48
Momentum   1.8
Latest Price   $10.5600(-2.22%)
Forecasted Low Price   10.06(-4.7%)
Forecasted High Price   10.71(1.4%)
Direction of Next Movement   Lower(-2.9%)
% Change Needed to Confirm Rebound   10.2% ((11.64))
% Change Needed for Trend Reversal   13.7%
Hourly Trend -3.9% [$10.68(-0.42), $10.98(-0.28)]
Stocks Behave Similarly   Similar Stock List
Complacency   1
Intraday Reversal Probability   N/A.
Daily Trend   CRON declines -3.1% a day on average for past five trading days.
Weekly Trend   CRON declines -8.4% 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 CRON advance at -0% a week (64% probability)
MJ(97%)    OIH(49%)    XOP(47%)    XLE(45%)    REMX(44%)
Factors Impacting CRON price   CRON will advance at least 0.4% in a week (14% probabilities).
SLV(-16%)    VXX(-15%)    BNDX(-15%)    UUP(-13%)    SILJ(-10%)
Explanation The decline is not sustainable and not supported by the broad market.
Trading Plan   Not Available

Valuation to SPY -1

Relative Volatility 0 (options are faily valued)

Market Trend Strength   -0.6% (StdDev 5.64%)
Hourly BBV -1 ()
Intraday Trend 0%

Next Day Open Price   $10.58(0.18%)
Resistance Level   $11.99
5 Day Moving Average   $11.12(-5.04%)
10 Day Moving Average   $11.71(-9.82%)
20 Day Moving Average   $11.99(-11.93%)
To recent high   -31.8%
To recent low   52.7%
Market Cap   $3.695b

Option Sentiment

Earning Release Date   Wed. Dec. 31, 1969
Analyst One Year Target Price   $6.24 ($3.80 - $8.44)
  12 analysts (last updated on Mon. Nov. 16, 2020)
% to Average Target Price   -40.91%
% to Low Target Price   -64.02%
% to High Target Price   -20.08%

Cronos Group, Inc. engages in the production and distribution of cannabis. Its brands include PEACE NATURALS, COVE, Spinach, Lord Jones and PEACE+. The company was founded by Lorne Michael Gertner and Paul Rosen on August 21, 2012 and is headquartered in Toronto, 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

$. CRON price fluctuates within 9.92% (three month std-dev: 5.64% one year average std_dev: 0%) daily (68% of days).
$. CRON 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	11.99 (0.2%)	11.71 (-1.6%)	11.12 (-3.1%)	10.98	10.68(0%)	10.56(-2.22%)	10.56-10.56	-0.8(-1.2)	-1	-3.4%	-1%	0%	-1.1%	-2.4%	48	1.8	Growing Downtrend	Lower(-3.3%)	1	-1	0.4	Correction	9.39(-11.12%)	9.2-10.14	4.57	-31.8%-52.7%
2	Feb_25_2021	11.99 (0.4%)	11.88 (-1.4%)	11.47 (-1.6%)	11.26	11.1(0%)	10.8(-5.3%)	10.8-10.8	-0.5(-1)	-2.5	-2.1%	-2.6%	0%	-0.88%	-1%	48	1.7	Growing Downtrend	Range(-2.1%)	2	-0.7	0.5	Correction	9.79(-9.32%)	9.62-10.48	4.15	-30.3%-56.2%
3	Feb_24_2021	12 (0.4%)	12.33 (-0.8%)	11.65 (-1.8%)	11.63	11.27(0%)	11.41(2.42%)	11.41-11.41	-0.3(-0.5)	-1.8	-1.2%	-1.1%	0%	-0.46%	2.7%	50	1.8	Growing Downtrend	Range(-2.3%)	3	-0.5	1.1	Correction	10.63(-6.81%)	10.48-11.24	4.07	-26.4%-65%
4	Feb_23_2021	11.96 (0.4%)	12.54 (-0.4%)	11.86 (-3.3%)	11.71	11.42(0%)	11.14(-4.83%)	11.14-11.14	-0.1(-0.7)	-1.9	-4.1%	-0.9%	0%	-0.1%	4.9%	54	1.8	Growing Downtrend	Range(-2.6%)	4	-0.6	1.5	Correction	10.57(-5.16%)	10.44-11.08	6.22	-28.1%-61.1%
5	Feb_22_2021	11.91 (0.6%)	12.72 (0.4%)	12.27 (-0.9%)	12.05	12(0%)	11.7(-4.8%)	11.7-11.7	0.3(-0.2)	-1.8	-1.1%	-0.2%	0%	0.46%	6.8%	62	2	Downtrend Reversal	Range(1.1%)	5	-0.1	1.7	Uptrend	11.85(1.25%)	11.73-11.89	4.38	-24.5%-69.2%

6	Feb_19_2021	11.87 (0.6%)	12.72 (0.8%)	12.38 (0.2%)	12.42	12.01(0%)	12.29(4.77%)	12.29-12.29	0.4(0.3)	-1.8	-0.3%	0.2%	0%	0.7%	7.7%	63	2	Uptrend Consolidation	Range(-0.1%)	6	0.4	1.9	Uptrend	12.51(1.82%)	12.22-12.64	4.42	-20.7%-77.7%
7	Feb_18_2021	11.79 (0.6%)	12.78 (1%)	12.36 (-5.7%)	12.41	12.1(0%)	11.73(-5.9%)	11.71-11.73	0.5(-0)	-1	-4.5%	-0.3%	0%	0.88%	8.4%	61	2.1	Downtrend Reversal	Range(-1.9%)	7	-0.1	1.9	Uptrend Consolidation	11.72(-0.05%)	11.66-11.91	6.03	-24.3%-69.6%
8	Feb_17_2021	11.76 (1%)	12.85 (2%)	13.11 (-1.7%)	12.51	12.83(0%)	12.47(-5.46%)	12.47-12.47	1(0.5)	-2.5	-1.7%	0.7%	0%	1.8%	9.3%	65	2.1	Correction	Range(1.7%)	8	0.5	2.1	Uptrend Consolidation	12.4(-0.58%)	12.18-13.05	5.85	-19.5%-80.3%
9	Feb_16_2021	11.69 (1.4%)	12.76 (2.6%)	13.33 (0.6%)	13.27	12.72(0%)	13.19(7.68%)	13.19-13.19	1.3(1.1)	-0.6	2%	1.8%	0%	2.2%	9.1%	69	2.1	Growing Uptrend	Higher(3.8%)	8	1	2	Uptrend	13.97(5.95%)	12.92-14.43	10.75	-14.9%-90.7%
10	Feb_12_2021	11.57 (1.6%)	12.48 (2.6%)	13.25 (0.3%)	13.36	12.2(0%)	12.25(0.78%)	12.25-12.25	1.6(0.5)	-0.8	-6.9%	1.1%	0%	2.32%	7.8%	69	2.1	Correction	Lower(-5.8%)	8	0.5	2.1	Uptrend	13.06(6.58%)	12.14-13.45	22.72	-20.9%-77.4%

11	Feb_11_2021	11.52 (1.8%)	12.32 (2.6%)	13.21 (-0.1%)	13.5	13.82(0%)	12.15(-21.59%)	12.15-12.15	1.9(0.5)	-1	-2.5%	1%	0%	2.4%	6.9%	62	2.1	Uptrend Consolidation	Higher(9.3%)	9	0.5	2.2	Uptrend	12.95(6.56%)	12.05-13.33	24.61	-21.6%-76%
12	Feb_10_2021	11.45 (2%)	12.17 (2.8%)	13.22 (5.2%)	13.47	14.52(0%)	15.5(14.35%)	15.5-15.5	2.3(3.1)	2	7.4%	3.9%	-6.8%	2.5%	6.3%	78	2.5	Overbought	Lower(-9.8%)	9	3.2	2.2	Growing Uptrend	17.04(9.91%)	14.61-17.64	28.86	0%-124.5%
13	Feb_9_2021	11.15 (1.8%)	11.63 (2%)	12.57 (3.6%)	12.65	13.19(0%)	13.55(5.69%)	13.55-13.55	2(2.5)	2.6	4.3%	2.5%	-1.4%	2%	4.3%	70	2	Overbought	Range(-0.5%)	9	2.5	2	Growing Uptrend	14.39(6.22%)	13.05-14.73	13.46	0%-96.2%
14	Feb_8_2021	10.95 (1.8%)	11.3 (1.6%)	12.13 (4.5%)	12.33	12.43(0%)	12.82(6.57%)	12.82-12.82	1.8(2.3)	4.1	3%	2.4%	0%	1.62%	3.2%	64	1.8	Breakout	Higher(5.4%)	8	2	1.8	Growing Uptrend	13.41(4.62%)	12.48-13.65	5.86	0%-85.7%
15	Feb_5_2021	10.76 (1.8%)	11 (0.8%)	11.61 (2.9%)	11.96	12.12(0%)	12.03(-1.39%)	12.03-12.03	1.5(1.6)	3.6	1.3%	1.4%	0%	1.1%	2.2%	61	1.6	Growing Uptrend	Higher(3.4%)	7	1.3	1.7	Growing Uptrend	12.38(2.9%)	11.78-12.53	3.63	-1.8%-86.2%

16	Feb_4_2021	10.6 (1.8%)	10.86 (0.4%)	11.28 (3.2%)	11.5	12.23(0%)	12.2(-0.41%)	12.2-12.2	1.3(1.9)	1.6	3.6%	1.5%	0%	0.8%	2.4%	58	1.6	Growing Uptrend	Higher(5.3%)	6	1.5	1.5	Growing Uptrend	12.45(2.04%)	11.88-12.59	6.2	-0.4%-120.4%
17	Feb_3_2021	10.43 (1.8%)	10.7 (0%)	10.93 (3.5%)	11.05	11.8(0%)	12.25(8.02%)	12.25-12.25	1(2.1)	1.3	6.2%	1.7%	0%	0.56%	2.6%	64	1.6	Breakout	Higher(7.9%)	5	1.8	1.7	Growing Uptrend	12.46(1.69%)	11.87-12.6	12.3	0%-121.3%
18	Feb_2_2021	10.2 (1.6%)	10.55 (-0.2%)	10.56 (1.9%)	10.6	10.78(0%)	11.34(10.96%)	11.34-11.34	0.6(1.2)	1	3.3%	0.8%	0%	0.38%	3.4%	67	1.8	Growing Uptrend	Higher(4.1%)	4	1.2	1.4	Correction	10.99(-3.08%)	10.49-11.61	9.42	0%-104.9%
19	Feb_1_2021	10.02 (1.6%)	10.51 (-0.2%)	10.36 (0.5%)	10.36	10.3(0%)	10.22(-1.59%)	10.22-10.22	0.5(0.2)	-1.9	-0.6%	-0%	0%	0.36%	4.9%	58	2.1	Downtrend Reversal	Range(0.2%)	4	0.3	1.1	Correction	10.2(-0.21%)	10-10.44	2.72	-9.3%-84.6%
20	Jan_29_2021	9.87 (1.6%)	10.58 (0%)	10.31 (-0.5%)	10.4	10.3(0%)	10.39(-0.67%)	10.39-10.39	0.5(0.5)	-2.2	0.2%	-0.1%	0%	0.52%	7.3%	69	2.1	N/A	Range(0.4%)	5	0.8	0.2	Uptrend Consolidation	10.26(-1.21%)	10.16-10.58	5.31	-7.8%-96.6%

21	Jan_28_2021	9.72 (1.6%)	10.67 (0.6%)	10.36 (-0.6%)	10.29	10.42(0%)	10.46(0.67%)	10.46-10.46	0.6(0.6)	-2.9	-0.1%	0.3%	0%	0.88%	9.8%	72	2.5	Correction	Range(0.2%)	5	0.7	0.6	Uptrend	10.75(2.73%)	10.29-10.94	3.63	-7.2%-97.9%
22	Jan_27_2021	9.56 (1.6%)	10.69 (1%)	10.42 (-1.1%)	10.34	10.38(0%)	10.39(0.1%)	10.39-10.39	0.7(0.6)	-2.3	0.6%	0.8%	0%	1.22%	11.8%	73	2.8	Growing Uptrend	Range(1.4%)	5	0.8	0.9	Uptrend Consolidation	10.28(-1.09%)	10.09-10.84	4.75	-7.8%-96.6%
23	Jan_26_2021	9.41 (1.6%)	10.64 (1.6%)	10.54 (-1.4%)	10.43	10.15(0%)	10.38(4.53%)	10.38-10.38	0.8(0.7)	-2.5	-1.4%	0.7%	0%	1.66%	13.1%	80	3	Correction	Range(-0.7%)	5	0.6	1.5	Uptrend Consolidation	10.24(-1.38%)	9.97-11.03	5.03	-7.9%-96.4%
24	Jan_25_2021	9.27 (1.8%)	10.6 (2.4%)	10.69 (-1.8%)	10.57	10.29(0%)	9.93(-6.89%)	9.93-9.93	1(0.4)	-2	-3.3%	0.8%	0%	2.18%	14.3%	77	3.1	Confirmed Correction	Range(0.9%)	6	0.3	2.2	Uptrend Consolidation	9.89(-0.41%)	9.6-10.75	5.41	-11.9%-87.9%
25	Jan_22_2021	9.16 (2%)	10.54 (3.2%)	10.89 (-1.1%)	10.86	10.72(0%)	10.66(-1.07%)	10.66-10.66	1.3(1)	0.9	-1%	1.6%	0%	2.8%	15%	88	3.3	Correction	Range(1.1%)	7	1	2.1	Uptrend Consolidation	10.49(-1.64%)	10.02-11.88	2.65	-5.4%-101.7%
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