Stock Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
MJ HOLDINGS INC (NASDAQ:MJNE)
Bear Market Rally (-75) - MJNE is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MJNE as it may be in the beginning of a reversal.
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 May 12th, 2021 at 0.430
The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 0.336
The short-term trend has been UP since Oct 20th, 2021 at 0.400
Smart Scan Analysis for MJNE
Based on our trend formula, MJNE is rated as a -75 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||1.67||52wk High Date||2021-02-10|
|52wk Low||0.1303||52wk Low Date||2020-10-22|
|Average Volume||38,439||Shares Outstanding||71,078|