Will the Momentum Continue? CBD of Denver (OTCMKTS:CBDD)

CBD of Denver (OTCMKTS:CBDD) closed higher on Thursday. Will the rally continue?

Market Action

On Thursday, CBDD stock closed up by 4.59% at $0.0114. More than 15.01 million shares exchanged hands for the day. The stock opened at $0.0109 and moved within a range of $0.0109 – 0.0115.

CBDD Announced News

CBD of Denver Further Improves Investor Transparency with New Investors Area on Corporate Website

  • CBDD announced the availability of a new Investors Area on its corporate website.
  • The Company has addressed the most commonly asked questions received and will continuously increase the content and information provided in this section as the Company receives correspondence from its shareholders to provide transparency.

“Providing information to the shareholders and responding to our shareholders concerns and questions is very important for the Company. We are happy to provide our shareholders and investors with regular, detailed information and documents on CBDD through the new Investors Area,” states CEO Marcel Gamma.

Trader Notes

Share Information

SHARES OUTSTANDING83.88 M
SHARE FLOAT (%)
% HELD BY INSTITUTIONS0.05

Recent Stock Performance

5-DAY PERF.+1.79%
1-MONTH PERF.-8.80%
3-MONTH PERF.-54.40%
6-MONTH PERF.+776.92%
YTD PERF.-21.92%
1-YEAR PERF.+612.50%

Moving Averages

+/- EMA(20)0.0123 (-7.32%)
+/- SMA(50)0.0151 (-24.50%)
+/- SMA(200)0.0107 (+6.54%)

Pivot Points

NameS3S2S1Pivot PointsR1R2R3
Classic0.01040.01070.01100.01130.01160.01190.0122
Fibonacci0.01070.01090.01100.01130.01150.01160.0119

Technical Indicators

SymbolValueResultSymbolValueResult
ADX30.6662SellATR140.0016
CCI20-71.1359SellChaikin Money Flow0.0648Buy
MACD-0.0016SellMoney Flow Index25.9916Sell
ROC-8.8000SellRSI40.5191Buy
STOCH (14,3)29.7872SellSTOCH RSI1.0000OverBought
UO44.4437SellWilliams %R-70.2128Neutral

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