AMPLIFY ALTERNAT HARVEST ETF (MJ) Stock Technical Analysis
NYSEARCA:MJ - NYSE Arca - US0321084743 - ETF - Currency: USD
Overall MJ gets a technical rating of 0 out of 10. MJ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
92% of all other stocks performed better in the past year than MJ.
MJ is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MJ is lagging the market.
In the last month MJ has a been trading in the 18.20 - 21.13 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
MJ has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
18.16
25.67
4 important resistance areas can be observed.
- A resistance zone ranging from 18.60 to 18.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @20.46 from a horizontal line in the daily time frame.
- Resistance @20.80 from a horizontal line in the weekly time frame.
- Resistance @25.42 from a trend line in the weekly time frame.
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MJ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MJ is down. |
| ChartMill Relative Strength | 8.52 | NEGATIVE | MJ has a low relative strength, it was outperformed by 91.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MJ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MJ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MJ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.58 | NEUTRAL | The RSI value for MJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests MJ has a negative trend. |
| Stochastics (14,3) | 20.19 | NEUTRAL | The Stochastics value for MJ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for MJ suggests some volalility. |
| Average Directional Index/ADX (14) | 13.07 | NEGATIVE | The low ADX value for MJ suggests a weak or negative trend. |
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)
NYSEARCA:MJ (6/13/2025, 8:23:04 PM)
18.34
-0.42 (-2.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.24%
1 Week-3.27%
2 Weeks-2.6%
1 Month-8.76%
3 Month-9.66%
6 Month-34.41%
12 Month-55.18%
2 Year-48.89%
3 Year-73.65%
5 Year-88.12%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%3.14%
ATR Inc-12.38%
Range Today0.43
ADR(20)0.56
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.52
Mansfield-4.17
10 Day High19.3
10 Day Low18.2
20 Day High21.13
20 Day Low18.2
52 Week High45.42
52 Week Low16.11
CS1 EndN/A
CR1 Start18.6
Volume & EV
DER(3)-1.71%
DER(5)-4.04%
Volume25.20K
Volume Incr-21.73%
Vol(5)23.46K
Vol(50)42.02K