Stock Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
Mj Holdings (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, SHORTSYMBOL 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 Feb 28th, 2020 at 0.1702
The intermediate-term trend has been DOWN since Jun 29th, 2020 at 0.1260
The short-term trend has been DOWN since Aug 6th, 2020 at 0.1150
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||0.6||52wk High Date||2019-06-25|
|52wk Low||0.08||52wk Low Date||2020-03-12|
|Average Volume||55,868||Shares Outstanding||65,436|