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Stock Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
MEDICAL MARIJUANA INC (NASDAQ:MJNA)
Bear Market Rally (-75) - MJNA is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MJNA as it may be in the beginning of a reversal.
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 UP since Mar 26th, 2024 at 0.0029
The short-term trend has been DOWN since Apr 11th, 2024 at 0.0029
Smart Scan Analysis for MJNA
Based on our trend formula, MJNA is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0026 | 0.0027 | 0.0024 | 0.0025 | -0.0001 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0026 | 5885981 | 2024-04-16 13:48:00 |
| 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 | 0.0009 | 52wk Low Date | 2024-03-13 |
| Year End Close | 0.101 | Average Volume | 21,750,477 |
| Shares Outstanding | 66 | Assets | 68,424,155M |
| Liabilities | 11,851,360M | Beta | 1.43 |
| Volatility | 56.03 |