Green Thumb Industries trades at $13.2, after ending yesterday at $13.2.
This uncertain state for Green Thumb Industries is reflected by published market data as United States Core Consumer Prices released yesterday at 13:30 UTC with a figure of 0.3%, while the previous figure was 0.6%. United States Consumer Price Index came out at 0.4%, while a consensus of analysts was expecting 0.6%. Fresh Consumer Price Index data from United States came out at 7.7%.
Concerning technical analysis and more specifically, trend indicators, investors are seeking long positions as Green Thumb Industries Inc. price action surged above +100 — a key CCI threshold indicating an imminent bullish trend. Analysis based on the asset volatility indicates that Green Thumb Industries's upper Bollinger Band® is at $13.17, suggesting that a downward move may follow.
Notwithstanding Green Thumb Industries's appreciation in recent days, the technical outlook suggests its bullish run is now fading.
Meanwhile, mixed performances are seen in other health care stocks as Sanofi is trading around $42.65 (down 3.75%). Johnson & Johnson is down 2.8% from the beginning of the session and now trades around $169.58. Bristol-Myers Squibb Company is trading around $76.53 (down 3.6%).
Green Thumb Industries has recovered 65.62% since descending to a significant low of $7.97 around 4 months ago.