Stock Trend Analysis Report
Prepared for you on Sunday, December 5, 2021.
Spinnaker ETF Series The Cannabis ETF (PACF:THCX)
Long-Term Downtrend (-90) - THCX is in a strong downtrend that is likely to continue. While THCX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid THCX?
MarketClub looks at technical strength and momentum to determine if the timing is right for THCX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for THCX
The long-term trend has been DOWN since May 11th, 2021 at 16.55
The intermediate-term trend has been DOWN since Nov 18th, 2021 at 11.75
The short-term trend has been DOWN since Nov 17th, 2021 at 12.24
Smart Scan Analysis for THCX
Based on our trend formula, THCX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||30.994||52wk High Date||2021-02-10|
|52wk Low||9.5||52wk Low Date||2021-12-01|