Curaleaf closed at $2.68 (down 4.63%) and added one more to its 4th straight day of losses

A quick look at yesterday: a tough session dominated by bearish sentiment left Curaleaf 13 cents lower, while setting a $2.66 to $2.83 session range.

United States JOLTs Job Openings (Feb) is next today at 14:00 UTC.

Amid the market gloom, United States ISM Manufacturing PMI (Mar) came out at 46.3, while a consensus of analysts was expecting 47.5. United States ISM Manufacturing Employment (Mar) released yesterday at 14:00 UTC with a figure of 46.9, while the previous figure was 49.1. United States ISM Manufacturing Prices (Mar) released yesterday at 14:00 UTC with a figure of 49.2, while the previous figure was 51.3.

A study of Curaleaf's chart reveals various key levels to watch: Curaleaf Holdings, Inc. could begin to recover as it approaches significant support, now 6 cents away from $2.62. Dipping below could be an indication that further losses are ahead. Technical analysis trend indicators suggest that the Commodity Channel Index (CCI) indicator is below -100, meaning the market price is unusually low and below its rolling moving average. Technical analysis indicates that a new, strong downtrend could be forthcoming with short positions favored. Momentum evaluation shows that the Relative Strength Index indicates Curaleaf is in strong oversold condition. Analysis based on the asset volatility indicates that Curaleaf's lower Bollinger Band® is at $2.52, indicating that the asset has overextended to the downside and could, therefore, bounce back as buyers look for bargains.

All in all, the technical analysis suggests Curaleaf has no clear-cut direction.

On the other hand, positive performances could be seen by looking at other health care stocks as UnitedHealth added 4.57% to its value, and traded at $494.19. Merck traded at $108.87 after closing yesterday's trading day at $106.39 (up 2.33%). Eli Lilly and Company was up 2.13%.

Some optimism can drawn from the fact that United States Crude Oil Inventories is projected to outperform its last figure with -1.8 million. It previously stood at -7.49 million; data will be released tomorrow at 14:30 UTC.

Furthermore, United States ADP Nonfarm Employment Change (Mar) scheduled to come out tomorrow at 12:15 UTC. United States JOLTs Job Openings (Feb) is expected today at 14:00 UTC.

Pointing downwards for around 3 months. Curaleaf hit a significant low of $2.68 around a day ago, but has since recovered 4.85%.