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Index Trend Analysis Report

Prepared for you on Wednesday, August 12, 2020.

ETFMG Alternative Harvest ETF (GIF:MJ)

Strong Downtrend (-100) - MJ is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
12.9 12.9 12.9 12.9 0.0
Entry Signal

MarketClub’s Trade Triangles for MJ

long term down The long-term trend has been DOWN since Apr 15th, 2019 at 34.64

intermediate term down The intermediate-term trend has been DOWN since Aug 7th, 2020 at 12.73

short term down The short-term trend has been DOWN since Aug 6th, 2020 at 12.97

Smart Scan Analysis for MJ

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

-100
Smart Scan Analysis for MJ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.9 12.9 12.9 12.9 0.0
Prev. Close Volume Bid Ask Time
13.5 0 2020-08-12 00:01:02
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