Stock Trend Analysis Report
Prepared for you on Thursday, November 15, 2018.
ETFMG ALTERNATIVE HARVEST ETF (PACF:MJ)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for MJ
The long term trend has been UP since Aug 27th, 2018 at 32.7000
The intermediate term trend has been DOWN since Oct 19th, 2018 at 37.2100
The short term trend has been DOWN since Nov 9th, 2018 at 32.8755
Smart Scan Analysis for MJ
Based on a pre-defined weighted trend formula for chart analysis, MJ scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||45.3991||Year High Date||2018-09-19|
|Year Low||25.1||Year Low Date||2018-08-14|
|52wk High||45.3991||52wk High Date||2018-09-19|
|52wk Low||25.1||52wk Low Date||2018-08-14|