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Index Trend Analysis Report

Prepared for you on Tuesday, October 27, 2020.

ETFMG Alternative Harvest ETF (GIF:MJ)

Bear Market Rally (-75) - MJ is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MJ as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid MJ?

MarketClub looks at technical strength and momentum to determine if the timing is right for MJ.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_MJ
Open High Low MJ Price Change
11.5000 11.5000 11.0601 11.1697 -0.3303
Entry Signal

MarketClub’s Trade Triangles for MJ

long term down The long-term trend has been DOWN since Sep 3rd, 2020 at 12.1894

intermediate term up The intermediate-term trend has been UP since Oct 9th, 2020 at 11.5746

short term down The short-term trend has been DOWN since Oct 26th, 2020 at 11.2800

Smart Scan Analysis for MJ

Based on our trend formula, MJ is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for MJ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.5000 11.5000 11.0601 11.1697 -0.3303
Prev. Close Volume Bid Ask Time
11.4100 0 2020-10-27 09:58:38
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