Stock Trend Analysis Report
Prepared for you on Sunday, August 14, 2022.
GREENLANE RENEWABLES INC (TSE:GRN)
Sidelines Mode (-55) - GRN 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 GRN?
MarketClub looks at technical strength and momentum to determine if the timing is right for GRN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GRN
The long-term trend has been DOWN since Dec 6th, 2021 at 1.20
The intermediate-term trend has been UP since Aug 2nd, 2022 at 0.72
The short-term trend has been DOWN since Aug 10th, 2022 at 0.87
Smart Scan Analysis for GRN
Based on our trend formula, GRN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).