Summary:
- A moving average of Short volume ratio is at a recent 2 week high. A high short volume ratio indicate selling presures.
- MACD is crossing MACD signal line at 0.6. MACD crossing signal line is bullish signal.
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Stock news
The Zacks Analyst Blog Highlights: Brinker, Constellation Brands, Travelzoo, Kraft Heinz and ODP
Canopy Growth Corp. (NYSE:CGC), the Canadian cannabis and CBD products company, seems to be experiencing a turnaround. It wasn’t that long ago that CGC stock was in the doldrums and its outlook was quite dark. Source: Shutterstock But now it looks like the company’s prospects are much brighter at least for the near term. Moreover, in the past year CGC stock has risen over 34% as of Friday, Nov. 20. And year-to-date it is up 12.5%, most of which happened in the past month where it rose 25.6%.I...
Canopy Growth stock broke out in November, as investors' hopes for nationwide pot legalization grew after the election.
Tony Latham, Bacardi Limited CFO, joined Yahoo Finance Live to discuss drinking trends during the pandemic and what he's expecting from the holiday shopping season.
VICTOR, N.Y., Nov. 17, 2020 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that Garth Hankinson, chief financial officer, will present virtually at the 2020 Morgan Stanley Conference on Wednesday, December 2, 2020. The presentation is scheduled to begin at 1:00 p.m. ET and is expected to cover the company’s strategic business initiatives, financial metrics, operating performance, and recent product portfolio performance...
(Bloomberg Opinion) -- After five states — Arizona, Mississippi, Montana, New Jersey and South Dakota — passed ballot measures for marijuana use last week, the drug will soon be legal in some form for 70% of the U.S. population. A third of the country won’t even need a medical excuse. But that’s not the surprise.What’s more notable is that unlike in the past, all of this happened without much of a public uproar. To be fair, there have been bigger concerns on Americans’ minds these days. But this...
Canopy Growth stock broke out in November, as investors' hopes for nationwide pot legalization grew after the election.
After huge stock gains on the hopes of a larger market for legal pot in the U.S., Canadian cannabis companies didn’t offer much to justify the exuberance Monday.