Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
AdvisorShares Psychedelics ETF (PACF:PSIL)
Bear Market Rally (-75) - PSIL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PSIL as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid PSIL?
MarketClub looks at technical strength and momentum to determine if the timing is right for PSIL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for PSIL
The long-term trend has been DOWN since Apr 17th, 2024 at 1.32
The intermediate-term trend has been DOWN since Mar 20th, 2024 at 1.42
The short-term trend has been UP since Apr 29th, 2024 at 1.27
Smart Scan Analysis for PSIL
Based on our trend formula, PSIL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.310 | 1.310 | 1.260 | 1.295 | -0.005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.310 | 35469 | 2024-05-07 15:59:46 |
| 52wk High | 2.249 | 52wk High Date | 2023-07-14 |
| 52wk Low | 1.2 | 52wk Low Date | 2024-04-19 |
| Average Volume | 69,100 |