CGC 2020-10-07 Technical Analysis and Forecast


CGC Report

Sample Size: 2 (Small Sample Size, not statistically significant); Percent Error: 10%

Current Trend Performance

CGC is -25.43% from monthly high, 9.53% from monthly low, 7.47% from 10 day simple moving average, 1.65% from 20 day simple moving average, and -5.2% from 50 day simple moving average.

Forecast Ranges

Day 1:
The highs are 15.59, the lows are 15.19, and the median is 15.39. 50.0% to decrease between -3.72% - 0%. 50.0% to increase between 0% - 3.72%.
Day 2:
The highs are 15.82, the lows are 15.05, and the median is 15.44. 50.0% to decrease between -3.72% - 0%. 50.0% to increase between 0% - 3.72%.
Day 3:
The highs are 16.39, the lows are 14.77, and the median is 15.58. 50.0% to decrease between -7.44% - -3.72%. 50.0% to increase between 3.72% - 7.44%.
Day 4:
The highs are 16.38, the lows are 15.06, and the median is 15.72. 50.0% to decrease between -3.72% - 0%. 50.0% to increase between 3.72% - 7.44%.
Day 5:
The highs are 16.48, the lows are 15.01, and the median is 15.75. 50.0% to decrease between -3.72% - 0%. 50.0% to increase between 3.72% - 7.44%.
Day 6:
The highs are 16.42, the lows are 14.87, and the median is 15.64. 50.0% to decrease between -7.44% - -3.72%. 50.0% to increase between 3.72% - 7.44%.
Day 7:
The highs are 16.42, the lows are 14.75, and the median is 15.59. 50.0% to decrease between -7.44% - -3.72%. 50.0% to increase between 3.72% - 7.44%.

Summary

SMA: Simple Moving Average

In next 5 days, there is possible support range between 14.95 and 15.24. There is possible resistance range between 15.82 and 16.11. Areas of uncertainty are beyond 14.67 and beyond 16.41. Minimum movement range is 3.72%.

Research conducted with Nforecast.

This is not a recommendation to buy, sell, or hold. This research is for educational, informational, and entertainment purposes. You should not construe any data or information presented by members on this blog or Nforecast LLC as investment, tax, legal, financial or other advice.