Index Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
Nasdaq CRB Monitor Global Cannabis Gross Total Return Index (NASDAQ:HERBALTR)
Sidelines Mode (+55) - HERBALTR 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 HERBALTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for HERBALTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HERBALTR
The long-term trend has been DOWN since Nov 18th, 2021 at 943.36
The intermediate-term trend has been UP since Aug 8th, 2022 at 383.81
The short-term trend has been DOWN since Aug 18th, 2022 at 388.16
Smart Scan Analysis for HERBALTR
Based on our trend formula, HERBALTR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).