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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
MEDICAL MARIJUANA INC (NASDAQ:MJNA)
Countertrend Down (-85) - MJNA is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid MJNA?
MarketClub looks at technical strength and momentum to determine if the timing is right for MJNA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MJNA
The long-term trend has been DOWN since Dec 18th, 2023 at 0.0031
The intermediate-term trend has been DOWN since Apr 17th, 2024 at 0.0021
The short-term trend has been UP since May 7th, 2024 at 0.0025
Smart Scan Analysis for MJNA
Based on our trend formula, MJNA is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0020 | 0.0025 | 0.0020 | 0.0021 | -0.0002 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0021 | 5792609 | 2024-05-08 15:59:38 |
| Year High | 0.1875 | Year High Date | 2018-01-03 |
| Year Low | 0.06 | Year Low Date | 2018-11-21 |
| 52wk High | 0.0075 | 52wk High Date | 2023-09-13 |
| 52wk Low | 0.0001 | 52wk Low Date | 2024-05-06 |
| Year End Close | 0.101 | Average Volume | 14,986,335 |
| Shares Outstanding | 66 | Assets | 68,424,155M |
| Liabilities | 11,851,360M | Beta | 1.43 |
| Volatility | 56.03 |