The Chaikin Money Flow Indicator is an oscillator developed by Marc Chaikin. An oscillator is an indicator that is used as a counter trend showing when the market is overbought or oversold. These indicators are momentum based. The CMF is based largely on the Accumulation Distribution Line; it compares the close value with the high and the low for that same day. Generally, CMF indicator could be used as an indicator of buying and selling pressure. When CMF is above zero it is indicator of buying pressure and when it is below zero it is indicator of selling pressure.
Investors often struggle with keeping their emotions in check when approaching the stock market. New investors can have a tendency to sell off winners too quick as well as hold onto losers for way too long. Some will argue that it is never a bad thing to take profits when they are on the table, but this can leave the investor with a large amount of regret if the stock continues to surge after selling. On the other end, investors may hold onto losers for way too long hoping for a bounce back. Holding out for better days can lead to even more exaggerated losses that can leave the investor with an even bigger feeling of regret. Battling to keep emotions separated from important investing decisions can be a big plus for investors over the long haul. Of course, this idea is easier to preach and much harder to follow.
Investors and traders may also want to monitor additional technical levels of shares of Aurora Cannabis Inc (ACB.TO). A frequently used tool among technical stock analysts is the moving average. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. Moving averages can be very helpful for identifying peaks and troughs. They may also be used to assist the trader figure out proper support and resistance levels for the stock. Currently, the 200-day MA is sitting at 9.25, and the 50-day is 10.7.
The 14-day ADX for Aurora Cannabis Inc (ACB.TO) is currently at 21.59. In general, and ADX value from 0-25 would represent an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would signify a very strong trend, and a value of 75-100 would point to an extremely strong trend. Checking in on some other technical levels, the 14-day RSI is currently at 38.71, the 7-day stands at 34.91, and the 3-day is sitting at 31.1. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. RSI can be used to detect general trends as well as finding divergences and failure swings.
Equity market investors have plenty of information available to them when making stock selections. One of the toughest parts of selecting stocks may be figuring out which data to pay attention to. There are always swirling headlines in today’s financial news media. While some information may be highly important, other information may be much less important. Knowing exactly what to look for when doing stock research may take a lot of time to master. Investors who are able to stay highly focused may find it much easier to spot opportunities in the market. Once the investor knows what to look for, the stock market puzzle may be a bit easier to start piecing together.
At the time of writing, Aurora Cannabis Inc (ACB.TO) has a 14-day Commodity Channel Index (CCI) of -78.25. Developed by Donald Lambert, the CCI is a versatile tool that may be used to help spot an emerging trend or provide warning of extreme conditions. CCI generally measures the current price relative to the average price level over a specific time period. CCI is relatively high when prices are much higher than average, and relatively low when prices are much lower than the average. Investors may be watching other technical indicators such as the Williams Percent Range or Williams %R. The Williams %R is a momentum indicator that helps measure oversold and overbought levels. This indicator compares the closing price of a stock in relation to the highs and lows over a certain time period. A common look back period is 14 days. Aurora Cannabis Inc (ACB.TO)’s Williams %R presently stands at -82.55. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would indicate an overbought situation. A reading from -80 to -100 would indicate an oversold situation.
Price IndexWe can now take aquick look at some historical stock price index data. Aurora Cannabis Inc. (TSX:ACB) presently has a 10 month price index of 0.56079. The price index is calculated by dividing the current share price by the share price ten months ago. A ratio over one indicates an increase in share price over the period. A ratio lower than one shows that the price has decreased over that time period. Looking at some alternate time periods, the 12 month price index is 1.23058, the 24 month is 2.88994, and the 36 month is 16.82377. Narrowing in a bit closer, the 5 month price index is 0.85595, the 3 month is 1.03289, and the 1 month is currently 0.79365.
Investors may have a solid plan in place to start trading the equity market. Sometimes, these plans never get to be fully realized because of the lack of discipline in the early stages. When a new investor goes into the red right out the gate, there can be a tendency to take on too much risk trying to get back to even. This may result in the investor abandoning the plan and making too many unreasonable trades with exorbitant expectations. Finding the self control to not get discouraged with early losses may help the investor stick to the plan and eventually start achieving longer-term goals.
Shareholder YieldWe also note that Prairie Mining Limited (ASX:PDZ) has a Shareholder Yield of -0.277541 and a Shareholder Yield (Mebane Faber) of -0.26732. The first value is calculated by adding the dividend yield to the percentage of repurchased shares. The second value adds in the net debt repaid yield to the calculation. Shareholder yield has the ability to show how much money the firm is giving back to shareholders via a few different avenues. Companies may issue new shares and buy back their own shares. This may occur at the same time. Investors may also use shareholder yield to gauge a baseline rate of return.
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Shares of Aurora Cannabis Inc (TSE) (NYSE:ACB) gapped down before the market opened on Friday . The stock had previously closed at $6.42, but opened at $6.25. Aurora Cannabis Inc (TSE) shares last traded at $6.07, with a volume of 5543681 shares trading hands.
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The stock has a market cap of $6.03 billion and a PE ratio of 32.90. The company has a quick ratio of 5.68, a current ratio of 6.54 and a debt-to-equity ratio of 0.07.
Aurora Cannabis Inc (TSE) (NYSE:ACB) last released its quarterly earnings data on Monday, November 12th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.13. The business had revenue of $22.71 million for the quarter. Aurora Cannabis Inc (TSE) had a return on equity of 8.57% and a net margin of 224.33%.
An institutional investor recently bought a new position in Aurora Cannabis Inc (TSE) stock. Griffin Asset Management Inc. purchased a new stake in Aurora Cannabis Inc (TSE) (NYSE:ACB) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 13,316 shares of the company’s stock, valued at approximately $128,000. 0.01% of the stock is currently owned by hedge funds and other institutional investors.
Aurora Cannabis Inc produces and distributes medical cannabis products. It is vertically integrated and horizontally diversified across various segments of the cannabis value chain, from facility engineering and design to cannabis breeding, genetics research, production, derivatives, high value-add product development, home cultivation, wholesale, and retail distribution.
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