Stock Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
MEDICAL MARIJUANA INC (NASDAQ:MJNA)
Long-Term Downtrend (-90) - MJNA is in a strong downtrend that is likely to continue. While MJNA 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 MJNA?
MarketClub looks at technical strength and momentum to determine if the timing is right for MJNA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MJNA
The long-term trend has been DOWN since Jun 14th, 2021 at 0.0390
The intermediate-term trend has been DOWN since Dec 14th, 2022 at 0.0100
The short-term trend has been DOWN since Mar 13th, 2023 at 0.0041
Smart Scan Analysis for MJNA
Based on our trend formula, MJNA is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.1875||Year High Date||2018-01-03|
|Year Low||0.06||Year Low Date||2018-11-21|
|52wk High||0.0296||52wk High Date||2022-03-29|
|52wk Low||0.003||52wk Low Date||2023-03-13|
|Year End Close||0.101||Average Volume||6,543,933|