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Acb Stock Predictions SEPT 11 2021- Acb Stock – Acb Stock Forecast – Acb News 2021


Red day on Friday for Aurora Cannabis Inc. stock after losing 4.05% The Aurora Cannabis Inc. stock price fell by -4.05% on the last day (Friday, 10th Sep 2021) from $6.91 to $6.63. During the day the stock fluctuated 5.66% from a day low at $6.62 to a day high of $6.99. The price has fallen in 6 of the last 10 days and is down by -5.29% for this period. Volume has increased on the last day by 224 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 4 million shares were bought and sold for approximately $28.34 million.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -26.87% during the next 3 months and, with a 90% probability hold a price between $4.25 and $5.29 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, August 19, 2021, and so far it has risen 2.95%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 months Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Aurora Cannabis Inc. stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $7.09 and $7.05. A break-up above any of these levels will issue buy signals. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss
Aurora Cannabis Inc. finds support from accumulated volume at $6.61 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.37 between high and low, or 5.66%. For the last week, the stock has had a daily average volatility of 4.89%.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is Aurora Cannabis Inc. stock A Buy?
Aurora Cannabis Inc. holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -1.975

Predicted Opening Price for Aurora Cannabis Inc. of Monday, September 13, 2021
The predicted opening price is based on yesterday’s movements between high, low, and the closing price.

Fair opening price September 13, 2021 $6.75


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