Technical gives deep insight into Cronos Group Inc. (CRON)

52 week High and Low

On Thursday, De 06, Cronos Group Inc. (CRON) shares have been seen trading -31.70% off its 52 week- peak value and changed 226.56% from its 52 week-bottom price value. The “percentage off the 52-week high or low” refers to when a stock current price is relative to where it has traded over the last 52 weeks. This gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range.

Volume and Price

Shares of Cronos Group Inc. (CRON) were valued at $10.45 and moved -2.70% as of a recent closing trade. A total volume of 12.02 million shares were traded versus to average volume of 15.78 million shares.

Relative Strength Index (RSI)

Cronos Group Inc. (CRON)’s Relative Strength Index (RSI) is 63.09. RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions.

Twenty-day SMA is useful at identifying swing trading trends lasting twenty days. Shorter moving average timeframes are more sensitive to price fluctuations and can pick up on trend changes more quickly than longer-term moving averages. However, these more frequent signals may also result in more “whipsaws”, resulting in erroneous trade signals. CRON recently closed with rise of 18.45% to its twenty-Day SMA. This short time frame picture represents an upward movement of current price over average price of last twenty days.

Performance

Cronos Group Inc. (CRON) held 177.15 million outstanding shares currently. The company have shares float of 156.29 million. Now have a look at past performance (weekly performance to year to date performance) how Cronos Group Inc. (CRON) has been moved; whether it performed well or not. CRON reported a change of 20.11% over the last week and performed 26.67% over the last month while its year to date (YTD) performance revealed an activity trend of 35.20%. The stock’s quarterly performance specifies a shift of -10.07%, and its last twelve month performance is stands at 218.08% while moved 36.42% for the past six months.

Volatility

Average True Range (14) for Cronos Group Inc. (CRON) is stands at 0.92. ATR is a volatility indicator. Volatility measures the strength of the price action, and is often overlooked for clues on market direction.

Over the past week, the company showed volatility of 13.97%. Moving out to look at the previous month volatility move, the stock is at 10.56%. A stock with a price that fluctuates wildly, hits new highs and lows or moves erratically is considered highly volatile..

Lester Grayson

Lester Grayson covers news related to earnings reports of different companies. He is a financial writer. Lester handles much of this site's news coverage of corporation’s earnings in all US market sectors. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 3 years. He's also been a freelance writer explaining a variety of topics in personal finance, including real estate, and investing. She is a well-known writer and financial research analyst for several authoritative financial news publishers.

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