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Stock Trend Analysis Report

Prepared for you on Thursday, January 23, 2020.

Sugarmade Inc (NASDAQ:SGMD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

Open High Low SGMD Price Change
0.0114 0.0115 0.0086 0.0090 -0.0020
Entry Signal

MarketClub’s Trade Triangles for SGMD

long term down The long term trend has been DOWN since Nov 29th, 2018 at 0.0800

intermediate term down The intermediate term trend has been DOWN since Jan 21st, 2020 at 0.0105

short term down The short term trend has been DOWN since Jan 16th, 2020 at 0.0108

Smart Scan Analysis for SGMD

Based on a pre-defined weighted trend formula for chart analysis, SGMD scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SGMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0114 0.0115 0.0086 0.0090 -0.0020
Prev. Close Volume Bid Ask Time
0.0109 19412784 2020-01-22 16:33:01
Year High0.43Year High Date2018-01-03
Year Low0.062Year Low Date2018-11-29
52wk High0.08652wk High Date2019-01-15
52wk Low0.007352wk Low Date2019-11-18
Average Volume4,982,989Shares Outstanding870,028
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