Etfmg Alternative Harvest ETF (MJX) Stock Technical Analysis
NYSEARCA:MJX
Taking everything into account, MJX scores 0 out of 10 in our technical rating. MJX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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 only medium 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
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. |
31.59
-0.62 (-1.92%)
Etfmg Alternative Harvest ETF / MJX FAQ
What is the technical rating for MJX stock?
ChartMill assigns a technical rating of 0 / 10 to MJX.
Can you provide the trend direction for Etfmg Alternative Harvest ETF?
The current trend direction for Etfmg Alternative Harvest ETF (MJX) is Bearish.
What is the RSI signal for Etfmg Alternative Harvest ETF (MJX) stock?
Etfmg Alternative Harvest ETF (MJX) has an RSI value of 41.3722. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Etfmg Alternative Harvest ETF?
The short term momentum for Etfmg Alternative Harvest ETF (MJX) is positive.
Can you provide the support and resistance levels for Etfmg Alternative Harvest ETF?
Etfmg Alternative Harvest ETF (MJX) has a support level at 30.34. Check the full technical report for our detailed analysis of MJX support and resistance levels.