Etfmg Alternative Harvest ETF (MJX) Stock Technical Analysis
NYSEARCA:MJX - NYSE Arca -
Taking everything into account, MJX scores 0 out of 10 in our technical rating. MJX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, MJX is a bad performer in the overall market: 100% of all stocks are doing better.
Warning: MJX has an average volume of 0 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month MJX has a been trading in the 28.90 - 39.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MJX has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
30.04
31.91
We found 1 important support area.
- Support @30.34 from a horizontal line in the daily 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 Short Term Trend Indicator | UP | POSITIVE | The short term trend for MJX is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | MJX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MJX is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 41.37 | NEUTRAL | The RSI value for MJX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.69 | NEGATIVE | The MACD value suggests MJX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.85 | NEUTRAL | The Stochastics value for MJX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.02 | HIGH VOLATILITY | The high ATR as a percentage value for MJX suggests high volalility. |
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)
31.59
-0.62 (-1.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.92%
1 Week-4.01%
2 Weeks-15.38%
1 Month-15.96%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.02
ATR(20)%6.02%
ATR Inc3.2%
Range Today1.58
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
MansfieldN/A
10 Day High38.18
10 Day Low28.9
20 Day High39.72
20 Day Low28.9
52 Week HighN/A
52 Week LowN/A
CS1 End30.34
CR1 StartN/A
Volume & EV
DER(3)-0.1%
DER(5)1.51%
Volume544.40K
Volume Incr-6.27%
Vol(5)1.72M
Vol(50)N/A