Stock Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
BETAPRO MARIJUANA COMPANIES 2X DAILY BULL ETF (TSE:HMJU)
Countertrend Down (-85) - HMJU is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid HMJU?
MarketClub looks at technical strength and momentum to determine if the timing is right for HMJU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HMJU
The long-term trend has been DOWN since Jun 1st, 2022 at 5.31
The intermediate-term trend has been DOWN since Sep 21st, 2023 at 31.00
The short-term trend has been UP since Nov 8th, 2023 at 19.58
Smart Scan Analysis for HMJU
Based on our trend formula, HMJU is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).