Stock Trend Analysis Report
Prepared for you on Thursday, June 4, 2020.
Sugarmade Inc (NASDAQ:SGMD)
Strong Downtrend (-100) - SGMD 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 SGMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGMD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SGMD
The long-term trend has been DOWN since Nov 29th, 2018 at 0.0800
The intermediate-term trend has been DOWN since Apr 28th, 2020 at 0.0023
The short-term trend has been DOWN since May 18th, 2020 at 0.0025
Smart Scan Analysis for SGMD
Based on our trend formula, SGMD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.43||Year High Date||2018-01-03|
|Year Low||0.062||Year Low Date||2018-11-29|
|52wk High||0.0575||52wk High Date||2019-04-01|
|52wk Low||0.0023||52wk Low Date||2020-02-27|
|Average Volume||16,599,877||Shares Outstanding||713,208|