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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

AdvisorShares Psychedelics ETF (PACF:PSIL)

Countertrend Down (-85) - PSIL 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 PSIL?

MarketClub looks at technical strength and momentum to determine if the timing is right for PSIL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_PSIL
Open High Low PSIL Price Change
1.300 1.300 1.260 1.275 -0.035
Entry Signal

MarketClub’s Trade Triangles for PSIL

long term down The long-term trend has been DOWN since Apr 17th, 2024 at 1.32

intermediate term down The intermediate-term trend has been DOWN since Mar 20th, 2024 at 1.42

short term up The short-term trend has been UP since Apr 29th, 2024 at 1.27

Smart Scan Analysis for PSIL

Based on our trend formula, PSIL is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for PSIL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.300 1.300 1.260 1.275 -0.035
Prev. Close Volume Bid Ask Time
1.290 37360 2024-05-08 15:57:52
52wk High2.24952wk High Date2023-07-14
52wk Low1.252wk Low Date2024-04-19
Average Volume62,454
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