Stock Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
Sugarmade Inc (NASDAQ:SGMD)
Sidelines Mode (+55) - SGMD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Feb 4th, 2021 at 0.0022
The intermediate-term trend has been DOWN since Apr 29th, 2021 at 0.0024
The short-term trend has been UP since May 5th, 2021 at 0.0025
Smart Scan Analysis for SGMD
Based on our trend formula, SGMD is rated as a +55 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||0.02||52wk High Date||2021-02-11|
|52wk Low||0.0007||52wk Low Date||2021-01-04|
|Average Volume||76,091,715||Shares Outstanding||4,137,095|