Stock Trend Analysis Report
Prepared for you on Monday, January 20, 2020.
Medical Marijuana Inc (NASDAQ:MJNA)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for MJNA
The long term trend has been DOWN since Apr 24th, 2019 at 0.0600
The intermediate term trend has been DOWN since Dec 9th, 2019 at 0.0250
The short term trend has been UP since Jan 16th, 2020 at 0.0235
Smart Scan Analysis for MJNA
Based on a pre-defined weighted trend formula for chart analysis, MJNA scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.1875||Year High Date||2018-01-03|
|Year Low||0.06||Year Low Date||2018-11-21|
|52wk High||0.095||52wk High Date||2019-01-14|
|52wk Low||0.02||52wk Low Date||2019-12-31|
|Year End Close||0.101||Average Volume||7,956,224|