Stock Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
HORIZONS MARIJUANA LIFE SCIENCES INDEX ETF (TSE:HMMJ.USD)
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.USD
The long term trend has been UP since Aug 27th, 2018 at 16.11
The intermediate term trend has been DOWN since Oct 19th, 2018 at 17.68
The short term trend has been DOWN since Oct 17th, 2018 at 18.40
Smart Scan Analysis for HMMJ.USD
Based on a pre-defined weighted trend formula for chart analysis, HMMJ.USD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||20.86||Year High Date||2018-10-16|
|Year Low||11.1||Year Low Date||2018-04-10|
|52wk High||20.86||52wk High Date||2018-10-16|
|52wk Low||7.6||52wk Low Date||2017-10-27|