Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Global X Cannabis ETF (NASDAQ:POTX)
Strong Downtrend (-100) - POTX 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 POTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for POTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for POTX
The long-term trend has been DOWN since May 12th, 2021 at 13.1134
The intermediate-term trend has been DOWN since Oct 27th, 2021 at 8.5551
The short-term trend has been DOWN since Oct 25th, 2021 at 8.7982
Smart Scan Analysis for POTX
Based on our trend formula, POTX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||29.5||52wk High Date||2021-02-10|
|52wk Low||7.4308||52wk Low Date||2020-10-30|
|Average Volume||106,417||Shares Outstanding||14,110|