Stock Trend Analysis Report
Prepared for you on Thursday, June 8, 2023.
GREENLANE RENEWABLES INC (NASDAQ:GRNWF)
Long-Term Downtrend (-90) - GRNWF is in a strong downtrend that is likely to continue. While GRNWF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GRNWF?
MarketClub looks at technical strength and momentum to determine if the timing is right for GRNWF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GRNWF
The long-term trend has been DOWN since Oct 11th, 2021 at 0.93940
The intermediate-term trend has been DOWN since May 12th, 2023 at 0.23495
The short-term trend has been DOWN since May 1st, 2023 at 0.27000
Smart Scan Analysis for GRNWF
Based on our trend formula, GRNWF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.5||52wk High Date||2020-12-28|
|52wk Low||1.15||52wk Low Date||2020-12-09|