Stock Trend Analysis Report
Prepared for you on Friday, June 2, 2023.
MJ HOLDINGS INC (NASDAQ:MJNE)
Strong Downtrend (-100) - MJNE is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MJNE continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MJNE?
MarketClub looks at technical strength and momentum to determine if the timing is right for MJNE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MJNE
The long-term trend has been DOWN since Oct 3rd, 2022 at 0.163265
The intermediate-term trend has been DOWN since Sep 16th, 2022 at 0.230000
The short-term trend has been DOWN since May 18th, 2023 at 0.023000
Smart Scan Analysis for MJNE
Based on our trend formula, MJNE is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||8.5||Year High Date||2018-01-04|
|Year Low||0.91||Year Low Date||2018-11-29|
|52wk High||0.3295||52wk High Date||2022-08-30|
|52wk Low||0.0001||52wk Low Date||2023-05-25|
|Average Volume||69,292||Shares Outstanding||78,592|