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AMPLIFY ALTERNAT HARVEST ETF (MJ) Stock Technical Analysis

NYSEARCA:MJ - NYSE Arca - US0321084743 - ETF - Currency: USD

31.42  +1.25 (+4.14%)

After market: 31.42 0 (0%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to MJ. Although MJ is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that MJ is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
MJ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MJ is lagging the market.
In the last month MJ has a been trading in the 20.28 - 35.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
AMPLIFY ALTERNAT HARVEST ETF / MJ Weekly stock chart
AMPLIFY ALTERNAT HARVEST ETF / MJ Daily stock chart
Setup Rating and Analysis

3

Although MJ has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

16.08

31.73

3 important support areas can be observed.

  • A support zone ranging from 30.08 to 30.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 21.93 to 21.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @16.24 from a horizontal line in the daily time frame.

Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for MJ is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for MJ is up.
ChartMill Relative Strength79.37POSITIVEMJ has a high relative strength, it outperformed 79.37% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of MJ is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of MJ is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of MJ is above a declining SMA(200).
Relative Strength Index/RSI (14)64.01NEUTRALThe RSI value for MJ is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.51POSITIVEThe MACD value suggests MJ has a positive trend, although the MACD value is declining.
Stochastics (14,3)75.23NEUTRALThe Stochastics value for MJ is a neutral value.
Average True Range in percent/ATR (20)6.68HIGH VOLATILITYThe high ATR as a percentage value for MJ suggests high volalility.
Average Directional Index/ADX (14)47.38POSITIVEThe high ADX value value for MJ suggests a strong trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
AMPLIFY ALTERNAT HARVEST ETF / MJ Daily stock chart

AMPLIFY ALTERNAT HARVEST ETF

NYSEARCA:MJ (8/20/2025, 8:11:21 PM)

After market: 31.42 0 (0%)

31.42

+1.25 (+4.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.14%
1 Week-9.3%
2 Weeks38.72%
1 Month43.21%
3 Month58.29%
6 Month25.18%
12 Month-25.4%
2 Year-25.62%
3 Year-55.47%
5 Year-79.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.61
ATR(20)%6.68%
ATR Inc7.7%
Range Today2.3
ADR(20)1.92
ADR(20)%6.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.37
Mansfield0.94
10 Day High35.05
10 Day Low22.71
20 Day High35.05
20 Day Low20.28
52 Week High42.19
52 Week Low16.11
CS1 End30.16
CR1 StartN/A
Volume & EV
DER(3)10.35%
DER(5)3.39%
Volume190.90K
Volume Incr46.27%
Vol(5)120.82K
Vol(50)70.03K