Stock Trend Analysis Report
Prepared for you on Sunday, September 24, 2023.
AMERICAN CANNABIS CO (NASDAQ:AMMJ)
Sidelines Mode (+55) - AMMJ is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid AMMJ?
MarketClub looks at technical strength and momentum to determine if the timing is right for AMMJ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AMMJ
The long-term trend has been UP since Sep 1st, 2023 at 0.0260
The intermediate-term trend has been UP since Sep 1st, 2023 at 0.0259
The short-term trend has been DOWN since Sep 13th, 2023 at 0.0452
Smart Scan Analysis for AMMJ
Based on our trend formula, AMMJ is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||1.53||Year High Date||2018-01-03|
|Year Low||0.39||Year Low Date||2018-08-13|
|52wk High||0.087||52wk High Date||2023-09-06|
|52wk Low||0.0101||52wk Low Date||2023-05-25|
|Average Volume||811,457||Shares Outstanding||92,153|