Stock Trend Analysis Report
Prepared for you on Thursday, July 19, 2018.
HORIZONS MEDICAL MARIJUANA LIFE SCIENCES ETF (TSE:HMMJ)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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 HMMJ
The long term trend has been UP since Jun 22nd, 2018 at 20.41
The intermediate term trend has been DOWN since Jun 27th, 2018 at 17.85
The short term trend has been DOWN since Jul 13th, 2018 at 17.88
Smart Scan Analysis for HMMJ
Based on a pre-defined weighted trend formula for chart analysis, HMMJ scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||25.56||Year High Date||2018-01-09|
|Year Low||13.97||Year Low Date||2018-04-10|
|52wk High||25.56||52wk High Date||2018-01-09|
|52wk Low||8.37||52wk Low Date||2017-08-21|