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Cann Group Ltd
Buy, Hold or Sell?

Let's analyse Cann Group Ltd together

PenkeI guess you are interested in Cann Group Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Cann Group Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Cann Group Ltd (30 sec.)










What can you expect buying and holding a share of Cann Group Ltd? (30 sec.)

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
A$0.14
Expected worth in 1 year
A$-0.10
How sure are you?
55.6%

+ What do you gain per year?

Total Gains per Share
A$-0.24
Return On Investment
-380.0%

For what price can you sell your share?

Current Price per Share
A$0.06
Expected price per share
A$0 - A$0.094
How sure are you?
50%
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1. Valuation of Cann Group Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.06

Intrinsic Value Per Share

A$-1.01 - A$0.09

Total Value Per Share

A$-0.87 - A$0.22

2. Growth of Cann Group Ltd (5 min.)




Is Cann Group Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$38.6m$55.4m-$16.7m-43.3%

How much money is Cann Group Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$22m-$17.2m-$4.7m-21.7%
Net Profit Margin-245.3%-412.9%--

How much money comes from the company's main activities?

3. Financial Health of Cann Group Ltd (5 min.)




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What can you expect buying and holding a share of Cann Group Ltd? (5 min.)

Welcome investor! Cann Group Ltd's management wants to use your money to grow the business. In return you get a share of Cann Group Ltd.

What can you expect buying and holding a share of Cann Group Ltd?

First you should know what it really means to hold a share of Cann Group Ltd. And how you can make/lose money.

Speculation

The Price per Share of Cann Group Ltd is A$0.062. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Cann Group Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Cann Group Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.14. Based on the TTM, the Book Value Change Per Share is A$-0.06 per quarter. Based on the YOY, the Book Value Change Per Share is A$-0.02 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Cann Group Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps-0.05-81.7%-0.05-81.7%-0.04-64.0%-0.03-54.7%-0.02-33.9%
Usd Book Value Change Per Share-0.04-62.0%-0.04-62.0%-0.01-16.8%-0.01-12.9%0.0115.9%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.04-62.0%-0.04-62.0%-0.01-16.8%-0.01-12.9%0.0115.9%
Usd Price Per Share0.08-0.08-0.18-0.45-0.55-
Price to Earnings Ratio-1.55--1.55--4.52--22.07--59.77-
Price-to-Total Gains Ratio-2.04--2.04--17.18--27.03--13.43-
Price to Book Ratio0.88-0.88-1.41-4.11-6.18-
Price-to-Total Gains Ratio-2.04--2.04--17.18--27.03--13.43-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0404612
Number of shares24715
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.04-0.01
Usd Total Gains Per Share-0.04-0.01
Gains per Quarter (24715 shares)-949.98-197.18
Gains per Year (24715 shares)-3,799.93-788.73
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-3800-38100-789-799
20-7600-76100-1577-1588
30-11400-114100-2366-2377
40-15200-152100-3155-3166
50-19000-190100-3944-3955
60-22800-228100-4732-4744
70-26600-266100-5521-5533
80-30399-304100-6310-6322
90-34199-342100-7099-7111
100-37999-380100-7887-7900

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%0.09.00.00.0%0.09.00.00.0%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%1.04.00.020.0%5.04.00.055.6%5.04.00.055.6%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.09.00.0%0.00.09.00.0%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%1.04.00.020.0%5.04.00.055.6%5.04.00.055.6%
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Fundamentals of Cann Group Ltd

About Cann Group Ltd

Cann Group Limited engages in the breeding, cultivation, production, manufacturing, supplying, and selling medicinal cannabis. It licenses to undertake research and to cultivate cannabis for human medicinal and research purposes. The company was founded in 2014 and is based in Port Melbourne, Australia.

Fundamental data was last updated by Penke on 2024-02-27 19:57:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
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1.1. Profitability of Cann Group Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Cann Group Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Cann Group Ltd to the Drug Manufacturers - Specialty & Generic industry mean.
  • A Net Profit Margin of -245.3% means that $-2.45 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Cann Group Ltd:

  • The MRQ is -245.3%. The company is making a huge loss. -2
  • The TTM is -245.3%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-245.3%TTM-245.3%0.0%
TTM-245.3%YOY-412.9%+167.6%
TTM-245.3%5Y-866.7%+621.5%
5Y-866.7%10Y-14,527.6%+13,660.9%
1.1.2. Return on Assets

Shows how efficient Cann Group Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Cann Group Ltd to the Drug Manufacturers - Specialty & Generic industry mean.
  • -26.1% Return on Assets means that Cann Group Ltd generated $-0.26 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Cann Group Ltd:

  • The MRQ is -26.1%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -26.1%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-26.1%TTM-26.1%0.0%
TTM-26.1%YOY-19.0%-7.1%
TTM-26.1%5Y-21.1%-5.0%
5Y-21.1%10Y-86.7%+65.6%
1.1.3. Return on Equity

Shows how efficient Cann Group Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Cann Group Ltd to the Drug Manufacturers - Specialty & Generic industry mean.
  • -57.0% Return on Equity means Cann Group Ltd generated $-0.57 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Cann Group Ltd:

  • The MRQ is -57.0%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -57.0%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-57.0%TTM-57.0%0.0%
TTM-57.0%YOY-31.2%-25.8%
TTM-57.0%5Y-31.5%-25.5%
5Y-31.5%10Y-101.1%+69.6%
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1.2. Operating Efficiency of Cann Group Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Cann Group Ltd is operating .

  • Measures how much profit Cann Group Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Cann Group Ltd to the Drug Manufacturers - Specialty & Generic industry mean.
  • An Operating Margin of -217.5% means the company generated $-2.17  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Cann Group Ltd:

  • The MRQ is -217.5%. The company is operating very inefficient. -2
  • The TTM is -217.5%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-217.5%TTM-217.5%0.0%
TTM-217.5%YOY-384.3%+166.9%
TTM-217.5%5Y-805.9%+588.4%
5Y-805.9%10Y-14,442.7%+13,636.8%
1.2.2. Operating Ratio

Measures how efficient Cann Group Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Drug Manufacturers - Specialty & Generic industry mean).
  • An Operation Ratio of 3.66 means that the operating costs are $3.66 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Cann Group Ltd:

  • The MRQ is 3.655. The company is inefficient in keeping operating costs low. -1
  • The TTM is 3.655. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ3.655TTM3.6550.000
TTM3.655YOY5.535-1.880
TTM3.6555Y9.954-6.299
5Y9.95410Y142.547-132.593
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1.3. Liquidity of Cann Group Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Cann Group Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Drug Manufacturers - Specialty & Generic industry mean).
  • A Current Ratio of 0.87 means the company has $0.87 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Cann Group Ltd:

  • The MRQ is 0.869. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.869. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.869TTM0.8690.000
TTM0.869YOY1.696-0.827
TTM0.8695Y3.505-2.635
5Y3.50510Y24.135-20.630
1.3.2. Quick Ratio

Measures if Cann Group Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Cann Group Ltd to the Drug Manufacturers - Specialty & Generic industry mean.
  • A Quick Ratio of 0.26 means the company can pay off $0.26 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Cann Group Ltd:

  • The MRQ is 0.263. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.263. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.263TTM0.2630.000
TTM0.263YOY0.537-0.275
TTM0.2635Y2.331-2.068
5Y2.33110Y26.791-24.461
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1.4. Solvency of Cann Group Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Cann Group Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Cann Group Ltd to Drug Manufacturers - Specialty & Generic industry mean.
  • A Debt to Asset Ratio of 0.54 means that Cann Group Ltd assets are financed with 54.2% credit (debt) and the remaining percentage (100% - 54.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Cann Group Ltd:

  • The MRQ is 0.542. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.542. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.542TTM0.5420.000
TTM0.542YOY0.392+0.150
TTM0.5425Y0.258+0.284
5Y0.25810Y0.168+0.090
1.4.2. Debt to Equity Ratio

Measures if Cann Group Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Cann Group Ltd to the Drug Manufacturers - Specialty & Generic industry mean.
  • A Debt to Equity ratio of 118.5% means that company has $1.18 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Cann Group Ltd:

  • The MRQ is 1.185. The company is able to pay all its debts with equity. +1
  • The TTM is 1.185. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.185TTM1.1850.000
TTM1.185YOY0.645+0.540
TTM1.1855Y0.450+0.734
5Y0.45010Y0.278+0.172
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2. Market Valuation of Cann Group Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Cann Group Ltd generates.

  • Above 15 is considered overpriced but always compare Cann Group Ltd to the Drug Manufacturers - Specialty & Generic industry mean.
  • A PE ratio of -1.55 means the investor is paying $-1.55 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Cann Group Ltd:

  • The EOD is -0.799. Based on the earnings, the company is expensive. -2
  • The MRQ is -1.546. Based on the earnings, the company is expensive. -2
  • The TTM is -1.546. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.799MRQ-1.546+0.747
MRQ-1.546TTM-1.5460.000
TTM-1.546YOY-4.523+2.977
TTM-1.5465Y-22.073+20.527
5Y-22.07310Y-59.768+37.695
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Cann Group Ltd:

  • The EOD is -1.041. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -2.014. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -2.014. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.041MRQ-2.014+0.974
MRQ-2.014TTM-2.0140.000
TTM-2.014YOY-1.825-0.189
TTM-2.0145Y-9.628+7.614
5Y-9.62810Y-34.990+25.363
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Cann Group Ltd is to cheap or to expensive compared to its book value.

Let's take a look of the Price to Book Ratio trends of Cann Group Ltd:

  • The EOD is 0.455. Based on the equity, the company is cheap. +2
  • The MRQ is 0.882. Based on the equity, the company is cheap. +2
  • The TTM is 0.882. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.455MRQ0.882-0.426
MRQ0.882TTM0.8820.000
TTM0.882YOY1.410-0.529
TTM0.8825Y4.115-3.233
5Y4.11510Y6.179-2.064
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Cann Group Ltd.

3.1. Funds holding Cann Group Ltd

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2021-02-28Global X Fds-The Global X Cannabis ETF2.92-8112382--
Total 2.920811238200.0%
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4. Summary

4.1. Key Performance Indicators

The key performance indicators of Cann Group Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.059-0.0590%-0.016-73%-0.012-79%0.015-489%
Book Value Per Share--0.1360.1360%0.195-30%0.172-21%0.122+11%
Current Ratio--0.8690.8690%1.696-49%3.505-75%24.135-96%
Debt To Asset Ratio--0.5420.5420%0.392+38%0.258+110%0.168+222%
Debt To Equity Ratio--1.1851.1850%0.645+84%0.450+163%0.278+327%
Dividend Per Share----0%-0%-0%-0%
Eps---0.078-0.0780%-0.061-22%-0.052-33%-0.032-59%
Free Cash Flow Per Share---0.060-0.0600%-0.151+153%-0.095+59%-0.056-6%
Free Cash Flow To Equity Per Share---0.010-0.0100%-0.003-72%-0.033+243%0.002-624%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--0.087--------
Intrinsic Value_10Y_min---1.007--------
Intrinsic Value_1Y_max---0.072--------
Intrinsic Value_1Y_min---0.100--------
Intrinsic Value_3Y_max---0.156--------
Intrinsic Value_3Y_min---0.303--------
Intrinsic Value_5Y_max---0.165--------
Intrinsic Value_5Y_min---0.508--------
Market Cap26992010.496-94%52242600.96052242600.9600%119722627.200-56%303442440.576-83%368116845.653-86%
Net Profit Margin---2.453-2.4530%-4.129+68%-8.667+253%-145.276+5823%
Operating Margin---2.175-2.1750%-3.843+77%-8.059+271%-144.427+6541%
Operating Ratio--3.6553.6550%5.535-34%9.954-63%142.547-97%
Pb Ratio0.455-94%0.8820.8820%1.410-37%4.115-79%6.179-86%
Pe Ratio-0.799+48%-1.546-1.5460%-4.523+193%-22.073+1328%-59.768+3766%
Price Per Share0.062-94%0.1200.1200%0.275-56%0.697-83%0.846-86%
Price To Free Cash Flow Ratio-1.041+48%-2.014-2.0140%-1.825-9%-9.628+378%-34.990+1637%
Price To Total Gains Ratio-1.053+48%-2.037-2.0370%-17.179+743%-27.025+1226%-13.433+559%
Quick Ratio--0.2630.2630%0.537-51%2.331-89%26.791-99%
Return On Assets---0.261-0.2610%-0.190-27%-0.211-19%-0.867+232%
Return On Equity---0.570-0.5700%-0.312-45%-0.315-45%-1.011+77%
Total Gains Per Share---0.059-0.0590%-0.016-73%-0.012-79%0.015-489%
Usd Book Value--38673728.60038673728.6000%55407697.800-30%48867913.061-21%34686048.495+11%
Usd Book Value Change Per Share---0.038-0.0380%-0.010-73%-0.008-79%0.010-489%
Usd Book Value Per Share--0.0890.0890%0.127-30%0.112-21%0.080+11%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.051-0.0510%-0.040-22%-0.034-33%-0.021-59%
Usd Free Cash Flow---16925833.600-16925833.6000%-42808602.200+153%-26879234.243+59%-15950050.853-6%
Usd Free Cash Flow Per Share---0.039-0.0390%-0.098+153%-0.062+59%-0.037-6%
Usd Free Cash Flow To Equity Per Share---0.006-0.0060%-0.002-72%-0.022+243%0.001-624%
Usd Market Cap17614986.050-94%34093521.38634093521.3860%78130986.511-56%198026536.720-83%240233053.473-86%
Usd Price Per Share0.040-94%0.0780.0780%0.179-56%0.455-83%0.552-86%
Usd Profit---22051354.000-22051354.0000%-17273016.800-22%-14804049.969-33%-9163691.079-58%
Usd Revenue--8990870.2008990870.2000%4183818.600+115%3586153.163+151%2034422.709+342%
Usd Total Gains Per Share---0.038-0.0380%-0.010-73%-0.008-79%0.010-489%
 EOD+3 -5MRQTTM+0 -0YOY+11 -225Y+12 -2110Y+12 -21

4.2. Fundamental Score

Let's check the fundamental score of Cann Group Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-0.799
Price to Book Ratio (EOD)Between0-10.455
Net Profit Margin (MRQ)Greater than0-2.453
Operating Margin (MRQ)Greater than0-2.175
Quick Ratio (MRQ)Greater than10.263
Current Ratio (MRQ)Greater than10.869
Debt to Asset Ratio (MRQ)Less than10.542
Debt to Equity Ratio (MRQ)Less than11.185
Return on Equity (MRQ)Greater than0.15-0.570
Return on Assets (MRQ)Greater than0.05-0.261
Total2/10 (20.0%)

4.3. Technical Score

Let's check the technical score of Cann Group Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5027.090
Ma 20Greater thanMa 500.073
Ma 50Greater thanMa 1000.085
Ma 100Greater thanMa 2000.099
OpenGreater thanClose0.062
Total0/5 (0.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-06-302020-06-302021-06-302022-06-302023-06-30
Net Working Capital  46,890-40,8496,0416,40212,443-4,5757,868-11,061-3,193



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in AUD. All numbers in thousands.

Summary
Total Assets129,466
Total Liabilities70,205
Total Stockholder Equity59,261
 As reported
Total Liabilities 70,205
Total Stockholder Equity+ 59,261
Total Assets = 129,466

Assets

Total Assets129,466
Total Current Assets21,202
Long-term Assets108,264
Total Current Assets
Cash And Cash Equivalents 765
Net Receivables 5,643
Inventory 12,196
Other Current Assets 2,598
Total Current Assets  (as reported)21,202
Total Current Assets  (calculated)21,202
+/-0
Long-term Assets
Property Plant Equipment 107,396
Long Term Investments 139
Intangible Assets 215
Other Assets 514
Long-term Assets  (as reported)108,264
Long-term Assets  (calculated)108,264
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities24,395
Long-term Liabilities45,810
Total Stockholder Equity59,261
Total Current Liabilities
Short-term Debt 15,290
Short Long Term Debt 15,290
Accounts payable 7,853
Other Current Liabilities 435
Total Current Liabilities  (as reported)24,395
Total Current Liabilities  (calculated)38,868
+/- 14,473
Long-term Liabilities
Long term Debt Total 45,675
Other Liabilities 135
Long-term Liabilities  (as reported)45,810
Long-term Liabilities  (calculated)45,810
+/-0
Total Stockholder Equity
Common Stock177,368
Retained Earnings -118,230
Accumulated Other Comprehensive Income 123
Total Stockholder Equity (as reported)59,261
Total Stockholder Equity (calculated)59,261
+/-0
Other
Capital Stock177,368
Cash And Equivalents765
Cash and Short Term Investments 765
Common Stock Shares Outstanding 372,252
Current Deferred Revenue817
Liabilities and Stockholders Equity 129,466
Net Debt 60,200
Net Invested Capital 120,226
Net Tangible Assets 59,046
Net Working Capital -3,193
Property Plant and Equipment Gross 122,318
Short Long Term Debt Total 60,965



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-12-312016-06-302015-06-30
> Total Assets 
726
1,871
15,895
15,895
86,801
82,114
76,402
101,792
139,663
129,466
129,466139,663101,79276,40282,11486,80115,89515,8951,871726
   > Total Current Assets 
555
1,350
15,304
15,304
81,398
51,706
12,531
22,092
19,168
21,202
21,20219,16822,09212,53151,70681,39815,30415,3041,350555
       Cash And Cash Equivalents 
451
1,344
15,228
15,228
49,567
46,388
1,554
3,105
1,914
765
7651,9143,1051,55446,38849,56715,22815,2281,344451
       Short-term Investments 
0
0
0
0
30,083
0
-85
-85
0
0
00-85-85030,0830000
       Net Receivables 
4
0
76
76
0
1,115
92
4,196
4,158
5,643
5,6434,1584,196921,1150767604
       Other Current Assets 
0
6
0
133
138
391
610
1,896
1,641
2,598
2,5981,6411,896610391138133060
   > Long-term Assets 
0
0
591
591
5,402
30,408
63,871
79,700
120,495
108,264
108,264120,49579,70063,87130,4085,40259159100
       Property Plant Equipment 
171
487
0
556
5,233
29,010
61,948
76,433
118,205
107,396
107,396118,20576,43361,94829,0105,2335560487171
       Goodwill 
0
0
0
0
0
0
661
661
671
0
0671661661000000
       Long Term Investments 
0
0
35
3,000
85
1,286
1,010
1,221
743
139
1397431,2211,0101,286853,0003500
       Intangible Assets 
0
0
0
0
85
113
828
1,385
791
215
2157911,385828113850000
       Other Assets 
0
35
0
85
85
85
85
85
85
514
5148585858585850350
> Total Liabilities 
78
182
160
160
928
4,816
15,327
9,920
54,760
70,205
70,20554,7609,92015,3274,81692816016018278
   > Total Current Liabilities 
78
182
160
160
911
4,816
6,490
9,649
11,300
24,395
24,39511,3009,6496,4904,81691116016018278
       Short-term Debt 
0
0
0
4
4
485
485
409
3,804
15,290
15,2903,80440948548544000
       Short Long Term Debt 
0
0
0
25
21
0
0
0
3,500
15,290
15,2903,5000002125000
       Accounts payable 
27
182
160
389
907
4,816
6,005
8,333
6,519
7,853
7,8536,5198,3336,0054,81690738916018227
       Other Current Liabilities 
0
0
0
0
0
-485
963
141
162
435
435162141963-48500000
   > Long-term Liabilities 
0
0
0
21
16
8,837
8,837
271
43,460
45,810
45,81043,4602718,8378,8371621000
       Long term Debt Total 
0
0
0
21
16
0
8,837
271
43,361
45,675
45,67543,3612718,83701621000
       Other Liabilities 
0
0
0
0
0
0
0
246
99
135
135992460000000
> Total Stockholder Equity
648
1,689
15,735
15,735
85,873
77,298
61,075
91,872
84,903
59,261
59,26184,90391,87261,07577,29885,87315,73515,7351,689648
   Common Stock
1,957
4,376
0
20,069
95,082
96,502
97,137
149,673
169,425
177,368
177,368169,425149,67397,13796,50295,08220,06904,3761,957
   Retained Earnings -118,230-84,440-61,164-38,205-21,179-10,253-4,334-4,334-2,687-1,309
   Accumulated Other Comprehensive Income 
0
0
0
-153
1,044
1,975
2,143
3,363
-82
123
123-823,3632,1431,9751,044-153000
   Capital Surplus 0000000000
   Treasury Stock0000000000



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue13,777
Cost of Revenue-0
Gross Profit13,77713,777
 
Operating Income (+$)
Gross Profit13,777
Operating Expense-50,360
Operating Income-29,726-36,583
 
Operating Expense (+$)
Research Development4,289
Selling General Administrative33,189
Selling And Marketing Expenses0
Operating Expense50,36037,478
 
Net Interest Income (+$)
Interest Income4,434
Interest Expense-3,158
Other Finance Cost-4,434
Net Interest Income-3,158
 
Pretax Income (+$)
Operating Income-29,726
Net Interest Income-3,158
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-33,790-35,677
EBIT - interestExpense = -33,119
-24,010
-30,632
Interest Expense3,158
Earnings Before Interest and Taxes (EBIT)-29,961-30,632
Earnings Before Interest and Taxes (EBITDA)-18,001
 
After tax Income (+$)
Income Before Tax-33,790
Tax Provision-0
Net Income From Continuing Ops-33,790-33,790
Net Income-33,790
Net Income Applicable To Common Shares-33,790
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses51,266
Total Other Income/Expenses Net5,9513,158
 

Technical Analysis of Cann Group Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Cann Group Ltd. The general trend of Cann Group Ltd is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Cann Group Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Cann Group Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.075 < 0.086 < 0.094.

The bearish price targets are: .

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Cann Group Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Cann Group Ltd. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Cann Group Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Cann Group Ltd. The current macd is -0.00607315.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Cann Group Ltd price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Cann Group Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Cann Group Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Cann Group Ltd Daily Moving Average Convergence/Divergence (MACD) ChartCann Group Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Cann Group Ltd. The current adx is 39.03.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Cann Group Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Cann Group Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Cann Group Ltd. The current sar is 0.07680897.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Cann Group Ltd Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Cann Group Ltd. The current rsi is 27.09. The current phase is Oversold in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
  • Trending down: The RSI is trending down. -1
Cann Group Ltd Daily Relative Strength Index (RSI) ChartCann Group Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Cann Group Ltd. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Cann Group Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Cann Group Ltd Daily Stochastic Oscillator ChartCann Group Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Cann Group Ltd. The current cci is -147.30666667.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Cann Group Ltd Daily Commodity Channel Index (CCI) ChartCann Group Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Cann Group Ltd. The current cmo is -55.94043729.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Cann Group Ltd Daily Chande Momentum Oscillator (CMO) ChartCann Group Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Cann Group Ltd. The current willr is -92.30769231.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Cann Group Ltd Daily Williams %R ChartCann Group Ltd Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Cann Group Ltd.

Cann Group Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Cann Group Ltd. The current atr is 0.00413975.

Cann Group Ltd Daily Average True Range (ATR) ChartCann Group Ltd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Cann Group Ltd. The current obv is -18,431,191.

Cann Group Ltd Daily On-Balance Volume (OBV) ChartCann Group Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Cann Group Ltd. The current mfi is 13.72.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
Cann Group Ltd Daily Money Flow Index (MFI) ChartCann Group Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Cann Group Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-10-10MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-10-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-10-13STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-10-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-10-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-10-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-10-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-25WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-10-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-01CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-02STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-03STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-09SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-23CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-24SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-28CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-18CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-24ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-29RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-15SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside

6.3. Candlestick Patterns

Cann Group Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Cann Group Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5027.090
Ma 20Greater thanMa 500.073
Ma 50Greater thanMa 1000.085
Ma 100Greater thanMa 2000.099
OpenGreater thanClose0.062
Total0/5 (0.0%)
Penke

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