Technical Analysis for MJ - ETFMG Alternative Harvest ETF

Grade Last Price % Change Price Change
D 20.92 -0.66% -0.14
MJ closed down 0.66 percent on Thursday, April 15, 2021, on 41 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
Historical MJ trend table...

Date Alert Name Type % Chg
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
180 Bearish Setup Bearish Swing Setup -0.66%
Narrow Range Bar Range Contraction -0.66%
NR7 Range Contraction -0.66%
Inside Day Range Contraction -0.66%
Oversold Stochastic Weakness -0.66%
Stochastic Reached Oversold Weakness -2.33%
Lower Bollinger Band Touch Weakness -2.33%
Oversold Stochastic Weakness -2.33%
Older End-of-Day Signals for MJ ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Lower Bollinger Band Support about 16 hours ago
Down 1% about 17 hours ago
Bearish 180 Entry about 18 hours ago
Fell Below Previous Day's Low about 18 hours ago
60 Minute Opening Range Breakdown about 19 hours ago
View Earlier Intraday Alerts

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Profile

MJ tracks the Prime Alternative Harvest Index, designed to measure the performance of companies within the cannabis ecosystem benefitting from global medicinal and recreational cannabis legalization initiatives. First U.S. and world’s largest ETF to target the global cannabis industry. Many other significant applications for cannabis and THC based medicines and treatments ranging from epilepsy to cancer treatment to non-opioid pain management. The global cannabis market is expected to grow at a CAGR of around 17% and reach $55.8 billion by 2025.¹
Classification

Keywords: Medicine Cancer Pain Cannabis Opioid Pain Management Euphoriants Cancer Treatment Entheogens Epilepsy Medicinal Plants Herbalism Medical Cannabis Cannabis Industry Legality Of Cannabis

Top 10 Components

Symbol Grade Price % Change Allocation
GWPH A 0.21 9.97
TLRY F -2.64 7.07
CGC D -1.33 5.91
GRWG D -1.64 5.82
SWM B -0.14 3.82
VGR B 0.76 3.60
TPB D -0.20 3.31
MO B 0.51 3.16
PM A 0.83 3.16
ARNA F 0.52 3.13
View All MJ Holdings

Is MJ a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 34.58
52 Week Low 10.12
Average Volume 3,071,039
200-Day Moving Average 16.05
50-Day Moving Average 23.43
20-Day Moving Average 22.36
10-Day Moving Average 21.94
Average True Range 0.91
ADX 13.31
+DI 17.11
-DI 29.52
Chandelier Exit (Long, 3 ATRs ) 22.52
Chandelier Exit (Short, 3 ATRs ) 23.52
Upper Bollinger Band 23.91
Lower Bollinger Band 20.82
Percent B (%b) 0.03
BandWidth 13.82
MACD Line -0.45
MACD Signal Line -0.25
MACD Histogram -0.1926
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 21.90
Resistance 3 (R3) 21.96 21.70 21.73
Resistance 2 (R2) 21.70 21.45 21.67 21.68
Resistance 1 (R1) 21.31 21.30 21.18 21.25 21.62
Pivot Point 21.05 21.05 20.99 21.02 21.05
Support 1 (S1) 20.66 20.80 20.53 20.60 20.22
Support 2 (S2) 20.40 20.65 20.37 20.16
Support 3 (S3) 20.01 20.40 20.11
Support 4 (S4) 19.95