Mutual Trend Analysis Report
Prepared for you on Wednesday, October 28, 2020.
CANNABIS GROWTH FUND - INVESTOR CLASS (NASDAQ:CANNX)
Bear Market Rally (-75) - CANNX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CANNX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CANNX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CANNX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CANNX
The long-term trend has been DOWN since Sep 21st, 2020 at 3.95
The intermediate-term trend has been UP since Oct 8th, 2020 at 4.09
The short-term trend has been DOWN since Oct 26th, 2020 at 4.21
Smart Scan Analysis for CANNX
Based on our trend formula, CANNX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||5.7||52wk High Date||2019-11-08|
|52wk Low||2.77||52wk Low Date||2020-03-18|
|Year End Close||4.92||Payment Date||2019-12-30|