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Cann Group Ltd
Buy, Hold or Sell?

Let's analyze Cann Group Ltd together

I 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.

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1. Quick Overview

1.1. Quick analysis of Cann Group Ltd (30 sec.)










1.2. 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$0.03
Expected worth in 1 year
A$-0.31
How sure are you?
50.0%

+ What do you gain per year?

Total Gains per Share
A$-0.34
Return On Investment
-1,127.7%

For what price can you sell your share?

Current Price per Share
A$0.03
Expected price per share
A$0.028 - A$0.037
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Cann Group Ltd (5 min.)




Live pricePrice per Share (EOD)
A$0.03
Intrinsic Value Per Share
A$-0.34 - A$-0.04
Total Value Per Share
A$-0.31 - A$-0.01

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




Is Cann Group Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$8.8m$37.6m-$28.8m-325.7%

How much money is Cann Group Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$32.5m-$21.4m-$11m-34.1%
Net Profit Margin-333.3%-245.3%--

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

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




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3. Summary and Key Metrics

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

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.

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$0.03. 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$0.03. Based on the TTM, the Book Value Change Per Share is A$-0.08 per quarter. Based on the YOY, the Book Value Change Per Share is A$-0.05 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-0.06-202.4%-0.06-202.4%-0.04-133.5%-0.04-121.3%-0.02-70.1%
Usd Book Value Change Per Share-0.05-179.1%-0.05-179.1%-0.03-101.3%-0.02-50.1%0.005.5%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.05-179.1%-0.05-179.1%-0.03-101.3%-0.02-50.1%0.005.5%
Usd Price Per Share0.02-0.02-0.08-0.20-0.48-
Price to Earnings Ratio-0.29--0.29--1.90--7.95--65.74-
Price-to-Total Gains Ratio-0.33--0.33--2.51--8.77--14.21-
Price to Book Ratio1.08-1.08-1.09-2.55-7.06-
Price-to-Total Gains Ratio-0.33--0.33--2.51--8.77--14.21-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.019062
Number of shares52460
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.05-0.02
Usd Total Gains Per Share-0.05-0.02
Gains per Quarter (52460 shares)-2,819.18-788.14
Gains per Year (52460 shares)-11,276.71-3,152.58
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-11277-112870-3153-3163
20-22553-225640-6305-6316
30-33830-338410-9458-9469
40-45107-451180-12610-12622
50-56384-563950-15763-15775
60-67660-676720-18915-18928
70-78937-789490-22068-22081
80-90214-902260-25221-25234
90-101490-1015030-28373-28387
100-112767-1127800-31526-31540

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%0.010.00.00.0%0.010.00.00.0%
Book Value Change Per Share0.01.00.00.0%0.03.00.00.0%1.04.00.020.0%5.05.00.050.0%5.05.00.050.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.010.00.0%
Total Gains per Share0.01.00.00.0%0.03.00.00.0%1.04.00.020.0%5.05.00.050.0%5.05.00.050.0%
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3.2. 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---0.085-0.0850%-0.048-43%-0.024-72%0.003-3357%
Book Value Per Share--0.0260.0260%0.111-77%0.116-78%0.092-72%
Current Ratio--0.2080.2080%0.869-76%1.399-85%15.026-99%
Debt To Asset Ratio--0.8500.8500%0.542+57%0.416+104%0.238+257%
Debt To Equity Ratio--5.6645.6640%1.185+378%1.571+261%0.818+592%
Dividend Per Share----0%-0%-0%-0%
Enterprise Value---62199591.552-62199591.5520%-5109678.080-92%121290670.894-151%496678024.481-113%
Eps---0.096-0.0960%-0.063-34%-0.057-40%-0.033-65%
Ev To Ebitda Ratio--1.7501.7500%0.288+509%-8.392+579%-99.550+5787%
Ev To Sales Ratio---4.046-4.0460%-0.371-91%135.707-103%5629.697-100%
Free Cash Flow Per Share---0.033-0.0330%-0.048+47%-0.074+124%-0.046+39%
Free Cash Flow To Equity Per Share---0.005-0.0050%-0.008+45%-0.019+248%0.000-91%
Gross Profit Margin--1.2721.2720%1.022+24%1.068+19%1.132+12%
Intrinsic Value_10Y_max---0.038--------
Intrinsic Value_10Y_min---0.336--------
Intrinsic Value_1Y_max---0.054--------
Intrinsic Value_1Y_min---0.064--------
Intrinsic Value_3Y_max---0.124--------
Intrinsic Value_3Y_min---0.168--------
Intrinsic Value_5Y_max---0.148--------
Intrinsic Value_5Y_min---0.243--------
Market Cap16082580.480+7%15010408.44815010408.4480%64330321.920-77%165307483.894-91%406251343.785-96%
Net Profit Margin---3.333-3.3330%-2.453-26%-8.386+152%-88.468+2554%
Operating Margin---3.030-3.0300%-2.158-29%-7.698+154%-87.885+2801%
Operating Ratio--1.7921.7920%2.338-23%7.681-77%83.348-98%
Pb Ratio1.155+7%1.0781.0780%1.086-1%2.547-58%7.056-85%
Pe Ratio-0.314-7%-0.293-0.2930%-1.904+550%-7.946+2613%-65.738+22342%
Price Per Share0.030+7%0.0280.0280%0.120-77%0.308-91%0.758-96%
Price To Free Cash Flow Ratio-0.909-7%-0.849-0.8490%-2.480+192%-3.703+336%-37.563+4327%
Price To Total Gains Ratio-0.355-7%-0.331-0.3310%-2.509+658%-8.770+2549%-14.206+4191%
Quick Ratio--0.0730.0730%0.263-72%0.372-80%17.489-100%
Return On Assets---0.552-0.5520%-0.261-53%-0.294-47%-0.836+51%
Return On Equity---3.681-3.6810%-0.570-85%-1.023-72%-1.279-65%
Total Gains Per Share---0.085-0.0850%-0.048-43%-0.024-72%0.003-3357%
Usd Book Value--8845403.4008845403.4000%37654439.400-77%39525934.742-78%31210922.723-72%
Usd Book Value Change Per Share---0.054-0.0540%-0.030-43%-0.015-72%0.002-3357%
Usd Book Value Per Share--0.0160.0160%0.070-77%0.074-78%0.058-72%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Enterprise Value---39521620.472-39521620.4720%-3246689.452-92%77068092.286-151%315589216.755-113%
Usd Eps---0.061-0.0610%-0.040-34%-0.036-40%-0.021-65%
Usd Free Cash Flow---11240226.000-11240226.0000%-16479734.400+47%-25200470.033+124%-15614141.815+39%
Usd Free Cash Flow Per Share---0.021-0.0210%-0.031+47%-0.047+124%-0.029+39%
Usd Free Cash Flow To Equity Per Share---0.003-0.0030%-0.005+45%-0.012+248%0.000-91%
Usd Market Cap10218871.637+7%9537613.5289537613.5280%40875486.548-77%105036375.266-91%258132103.841-96%
Usd Price Per Share0.019+7%0.0180.0180%0.076-77%0.196-91%0.482-96%
Usd Profit---32559166.800-32559166.8000%-21470166.000-34%-19511912.380-40%-11273232.679-65%
Usd Revenue--9768004.2009768004.2000%8753905.800+12%5146895.292+90%2779470.504+251%
Usd Total Gains Per Share---0.054-0.0540%-0.030-43%-0.015-72%0.002-3357%
 EOD+5 -3MRQTTM+0 -0YOY+12 -265Y+14 -2410Y+13 -25

3.3 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)Between0-15-0.314
Price to Book Ratio (EOD)Between0-11.155
Net Profit Margin (MRQ)Greater than0-3.333
Operating Margin (MRQ)Greater than0-3.030
Quick Ratio (MRQ)Greater than10.073
Current Ratio (MRQ)Greater than10.208
Debt to Asset Ratio (MRQ)Less than10.850
Debt to Equity Ratio (MRQ)Less than15.664
Return on Equity (MRQ)Greater than0.15-3.681
Return on Assets (MRQ)Greater than0.05-0.552
Total1/10 (10.0%)

3.4 Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.030
Total0/1 (0.0%)

4. In-depth Analysis

4.1 About Cann Group Ltd

Cann Group Limited, together with its subsidiaries, engages in the breeding, cultivating, manufacturing, and selling medicinal cannabis in Australia and Europe. It also 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 2025-02-06 13:35:05.

4.2 In-depth Summary

4.2.1. Financial Health Summary

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 unable 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 just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
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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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. 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 -333.3% means that $-3.33 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 -333.3%. The company is making a huge loss. -2
  • The TTM is -333.3%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-333.3%TTM-333.3%0.0%
TTM-333.3%YOY-245.3%-88.1%
TTM-333.3%5Y-838.6%+505.3%
5Y-838.6%10Y-8,846.8%+8,008.1%
4.3.1.2. 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.
  • -55.2% Return on Assets means that Cann Group Ltd generated $-0.55 profit for each $1 in assets.

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

  • The MRQ is -55.2%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -55.2%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-55.2%TTM-55.2%0.0%
TTM-55.2%YOY-26.1%-29.1%
TTM-55.2%5Y-29.4%-25.8%
5Y-29.4%10Y-83.6%+54.2%
4.3.1.3. 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.
  • -368.1% Return on Equity means Cann Group Ltd generated $-3.68 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 -368.1%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -368.1%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-368.1%TTM-368.1%0.0%
TTM-368.1%YOY-57.0%-311.1%
TTM-368.1%5Y-102.3%-265.8%
5Y-102.3%10Y-127.9%+25.7%
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4.3.2. Operating Efficiency of Cann Group Ltd.

4.3.2. Operating Efficiency
4.3.2.1. 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 -303.0% means the company generated $-3.03  for each $1 in revenue (before taxes).

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

  • The MRQ is -303.0%. The company is operating very inefficient. -2
  • The TTM is -303.0%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-303.0%TTM-303.0%0.0%
TTM-303.0%YOY-215.8%-87.2%
TTM-303.0%5Y-769.8%+466.9%
5Y-769.8%10Y-8,788.5%+8,018.7%
4.3.2.2. 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 1.79 means that the operating costs are $1.79 for each $1 in net sales.

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

  • The MRQ is 1.792. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.792. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.792TTM1.7920.000
TTM1.792YOY2.338-0.546
TTM1.7925Y7.681-5.889
5Y7.68110Y83.348-75.667
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4.4.3. Liquidity of Cann Group Ltd.

4.4.3. Liquidity
4.4.3.1. 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 0.21 means the company has $0.21 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 0.208. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.208. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.208TTM0.2080.000
TTM0.208YOY0.869-0.661
TTM0.2085Y1.399-1.191
5Y1.39910Y15.026-13.627
4.4.3.2. 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 0.07 means the company can pay off $0.07 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 0.073. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.073. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.073TTM0.0730.000
TTM0.073YOY0.263-0.190
TTM0.0735Y0.372-0.299
5Y0.37210Y17.489-17.116
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4.5.4. Solvency of Cann Group Ltd.

4.5.4. Solvency
4.5.4.1. 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 0.85 means that Cann Group Ltd assets are financed with 85.0% credit (debt) and the remaining percentage (100% - 85.0%) 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 0.850. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.850. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.850TTM0.8500.000
TTM0.850YOY0.542+0.308
TTM0.8505Y0.416+0.433
5Y0.41610Y0.238+0.178
4.5.4.2. 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 566.4% means that company has $5.66 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 5.664. The company is unable to pay all its debts with equity. -1
  • The TTM is 5.664. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ5.664TTM5.6640.000
TTM5.664YOY1.185+4.479
TTM5.6645Y1.571+4.094
5Y1.57110Y0.818+0.752
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. 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 -0.29 means the investor is paying $-0.29 for every $1 in earnings.

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

  • The EOD is -0.314. Based on the earnings, the company is expensive. -2
  • The MRQ is -0.293. Based on the earnings, the company is expensive. -2
  • The TTM is -0.293. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.314MRQ-0.293-0.021
MRQ-0.293TTM-0.2930.000
TTM-0.293YOY-1.904+1.611
TTM-0.2935Y-7.946+7.653
5Y-7.94610Y-65.738+57.792
4.6.2.2. 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 -0.909. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -0.849. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -0.849. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.909MRQ-0.849-0.061
MRQ-0.849TTM-0.8490.000
TTM-0.849YOY-2.480+1.632
TTM-0.8495Y-3.703+2.854
5Y-3.70310Y-37.563+33.860
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4.6.2. Book Value per Share
4.6.2.1. 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 1.155. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.078. Based on the equity, the company is underpriced. +1
  • The TTM is 1.078. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.155MRQ1.078+0.077
MRQ1.078TTM1.0780.000
TTM1.078YOY1.086-0.007
TTM1.0785Y2.547-1.468
5Y2.54710Y7.056-4.510
4.6.2. Total Gains per Share

4.7 Holders & Insider Transactions

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

4.8.2. 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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5. Financial Statements




5.1. Latest Balance Sheet

Balance Sheet of 2024-06-30. Currency in AUD. All numbers in thousands.

Summary
Total Assets92,771
Total Liabilities78,850
Total Stockholder Equity13,921
 As reported
Total Liabilities 78,850
Total Stockholder Equity+ 13,921
Total Assets = 92,771

Assets

Total Assets92,771
Total Current Assets16,260
Long-term Assets76,511
Total Current Assets
Cash And Cash Equivalents 1,640
Net Receivables 4,084
Inventory 10,189
Other Current Assets 347
Total Current Assets  (as reported)16,260
Total Current Assets  (calculated)16,260
+/-0
Long-term Assets
Property Plant Equipment 76,444
Long Term Investments 31
Intangible Assets 36
Long-term Assets  (as reported)76,511
Long-term Assets  (calculated)76,511
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities78,245
Long-term Liabilities605
Total Stockholder Equity13,921
Total Current Liabilities
Short-term Debt 72,045
Short Long Term Debt 72,045
Accounts payable 1,333
Other Current Liabilities 6,200
Total Current Liabilities  (as reported)78,245
Total Current Liabilities  (calculated)151,623
+/- 73,378
Long-term Liabilities
Long term Debt 421
Long-term Liabilities  (as reported)605
Long-term Liabilities  (calculated)421
+/- 184
Total Stockholder Equity
Common Stock182,899
Retained Earnings -169,472
Accumulated Other Comprehensive Income 494
Total Stockholder Equity (as reported)13,921
Total Stockholder Equity (calculated)13,921
+/-0
Other
Capital Stock182,899
Cash and Short Term Investments 1,640
Common Stock Shares Outstanding 453,859
Current Deferred Revenue46
Liabilities and Stockholders Equity 92,771
Net Debt 70,826
Net Invested Capital 86,387
Net Working Capital -61,985
Property Plant and Equipment Gross 100,397
Short Long Term Debt Total 72,466



5.2. Balance Sheets Structured

Currency in AUD. All numbers in thousands.

 Trend2024-06-302023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-12-312016-06-302015-06-30
> Total Assets 
726
1,871
15,895
15,074
86,801
82,114
76,402
101,792
139,663
129,466
92,771
92,771129,466139,663101,79276,40282,11486,80115,07415,8951,871726
   > Total Current Assets 
555
1,350
15,304
11,272
81,398
51,706
12,531
22,092
19,168
21,202
16,260
16,26021,20219,16822,09212,53151,70681,39811,27215,3041,350555
       Cash And Cash Equivalents 
451
1,344
15,228
11,114
49,567
46,388
1,554
3,105
1,914
765
1,640
1,6407651,9143,1051,55446,38849,56711,11415,2281,344451
       Short-term Investments 
0
0
0
0
30,083
0
-85
-85
0
0
0
000-85-85030,0830000
       Net Receivables 
104
0
76
76
-205
1,115
92
4,196
4,158
5,643
4,084
4,0845,6434,1584,196921,115-20576760104
       Inventory 
0
0
0
25
1,405
3,089
10,044
12,895
11,455
12,196
10,189
10,18912,19611,45512,89510,0443,0891,40525000
   > Long-term Assets 
171
522
591
3,802
5,317
30,323
63,871
79,700
120,495
108,264
76,511
76,511108,264120,49579,70063,87130,3235,3173,802591522171
       Property Plant Equipment 
171
487
0
717
5,233
29,010
61,948
76,433
118,205
107,396
76,444
76,444107,396118,20576,43361,94829,0105,2337170487171
       Goodwill 
0
0
0
0
0
0
661
661
671
0
0
00671661661000000
       Long Term Investments 
0
0
35
3,000
85
1,286
1,010
1,221
743
139
31
311397431,2211,0101,286853,0003500
       Intangible Assets 
0
0
0
0
85
113
828
2,046
1,462
215
36
362151,4622,046828113850000
       Other Assets 
0
0
0
85
85
85
0
85
85
514
0
051485850858585000
> Total Liabilities 
78
182
160
414
928
4,816
15,327
9,920
54,760
70,205
78,850
78,85070,20554,7609,92015,3274,81692841416018278
   > Total Current Liabilities 
78
182
160
393
911
4,816
6,490
9,649
11,300
24,395
78,245
78,24524,39511,3009,6496,4904,81691139316018278
       Short-term Debt 
0
0
0
4
4
485
485
409
3,804
12,384
72,045
72,04512,3843,80440948548544000
       Short Long Term Debt 
0
0
0
25
21
0
0
0
3,500
15,290
72,045
72,04515,2903,5000002125000
       Accounts payable 
27
182
160
389
907
4,816
6,005
7,246
572
1,463
1,333
1,3331,4635727,2466,0054,81690738916018227
       Other Current Liabilities 
51
0
0
4
4
-485
963
1,853
6,762
7,207
6,200
6,2007,2076,7621,853963-485440051
   > Long-term Liabilities 
0
0
0
21
16
8,837
8,837
271
43,460
45,810
605
60545,81043,4602718,8378,8371621000
       Long term Debt Total 
0
0
0
21
16
0
8,837
271
43,361
45,675
0
045,67543,3612718,83701621000
       Other Liabilities 
0
0
0
0
0
0
0
246
99
135
0
0135992460000000
> Total Stockholder Equity
648
1,689
15,735
14,660
85,873
77,298
61,075
91,872
84,903
59,261
13,921
13,92159,26184,90391,87261,07577,29885,87314,66015,7351,689648
   Common Stock
1,957
4,376
0
20,187
95,082
96,502
97,137
149,673
169,425
177,368
182,899
182,899177,368169,425149,67397,13796,50295,08220,18704,3761,957
   Retained Earnings -169,472-118,230-84,440-61,164-38,205-21,179-10,253-5,527-4,334-3,202-1,740
   Capital Surplus 00000000000
   Treasury Stock00000000000
   Other Stockholders Equity 
432
515
0
0
1,044
1,975
-58,933
-88,509
0
-59,138
0
0-59,1380-88,509-58,9331,9751,04400515432



5.3. Balance Sheets

Currency in AUD. All numbers in thousands.




5.4. Cash Flows

Currency in AUD. All numbers in thousands.




5.5. Income Statements

Currency in AUD. All numbers in thousands.


5.6. Latest Income Statement

Income Statement (annual), 2024-06-30. Currency in AUD. All numbers in thousands.

Gross Profit (+$)
totalRevenue15,373
Cost of Revenue-12,178
Gross Profit3,1953,195
 
Operating Income (+$)
Gross Profit3,195
Operating Expense-15,373
Operating Income-13,479-12,178
 
Operating Expense (+$)
Research Development755
Selling General Administrative30,440
Selling And Marketing Expenses13,913
Operating Expense15,37345,108
 
Net Interest Income (+$)
Interest Income0
Interest Expense-6,819
Other Finance Cost-0
Net Interest Income-6,819
 
Pretax Income (+$)
Operating Income-13,479
Net Interest Income-6,819
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-51,24224,284
EBIT - interestExpense = -53,392
-53,392
-44,423
Interest Expense6,819
Earnings Before Interest and Taxes (EBIT)-46,573-44,423
Earnings Before Interest and Taxes (EBITDA)-35,536
 
After tax Income (+$)
Income Before Tax-51,242
Tax Provision-0
Net Income From Continuing Ops-51,242-51,242
Net Income-51,242
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses31,837
Total Other Income/Expenses Net-37,7636,819
 

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 UNKNOWN with 0.0% 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 StateBullish trend Bearish trend
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 -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 0.032 < 0.036 < 0.037.

The bearish price targets are: 0.029 > 0.028 > 0.028.

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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 .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

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.

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 .

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.

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.

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.

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.

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.

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.

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.

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.

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.

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
2024-09-27STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-30STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-01ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-10-02RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-10-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-10-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-18MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-10-31STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-11-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-11-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-11-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-11-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-11-21WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-11-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-11-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-11-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-12-02STOCH 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
2024-12-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-12-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-12-09STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-12-16STOCH 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
2024-12-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-12-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-12-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-12-24STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-12-31MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-01-02STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-01-09STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-01-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2025-01-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-01-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-01-23STOCH 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
2025-01-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-01-29STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-01-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-01-31STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-02-03ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-11STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-12RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2025-02-13DMI 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.
2025-02-14DMI 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.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).

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
OpenGreater thanClose0.030
Total0/1 (0.0%)
Penke
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