Technical Analysis for MJNA - Medical Marijuana, Inc.

Grade Last Price % Change Price Change
F 0.0207 -0.96% -0.0002
MJNA closed down 3.69 percent on Friday, December 3, 2021, on approximately normal volume. It ran into resistance at its 50 day moving average. 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 Trading Signals

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

Date Alert Name Type % Chg
20 DMA Resistance Bearish -0.96%
50 DMA Resistance Bearish -0.96%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -0.96%
Outside Day Range Expansion -0.96%
Wide Bands Range Expansion -0.96%
Down 3 Days in a Row Weakness -0.96%
Down 4 Days in a Row Weakness -0.96%
Down 5 Days in a Row Weakness -0.96%
Oversold Stochastic Weakness -0.96%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -4.61%
Older End-of-Day Signals for MJNA ...

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

Alert Time
Down 1% 36 minutes ago
Non-ADX 1,2,3,4 Bearish Retracement Entry 36 minutes ago
Fell Below Previous Day's Low 36 minutes ago
Up 5% about 1 hour ago
Up 3% about 1 hour ago
View Earlier Intraday Alerts

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Profile

Medical Marijuana, Inc. Description

Medical Marijuana, Inc., an investment holding company, operates in the cannabinoid-based nutraceutical industry. It focuses on the development, sale, and distribution of hemp oil that contains naturally occurring cannabinoids, including cannabidiol (CBD) and other products containing CBD-rich hemp oil; treatment of pain and other medical disorders with the application of chewing gum-based cannabis/cannabinoid medical products; and nonpsychoactive cannabidiol products. The company is also involved in the research and development of new therapeutic agents that are designed to reduce oxidative stress and act as immuno-modulators and neuroprotectants; dietary supplements, skin care products, and prescription-based hemp oil under the Kannaway and HempMeds brands; and proprietary testing, genetics, labeling and packaging, tracking, and production and standardization methods for the medicinal cannabinoid industry. In addition, it offers RSHO oil for the treatment of various illnesses and conditions; and plant-based, non-GMO pet products for health and wellness, play and wear, and environmentally-friendly supplies. Medical Marijuana, Inc. was incorporated in 2005 and is based in San Diego, California.


Classification

Sector: Healthcare
Industry: Drug Manufacturers - Specialty & Generic
Keywords: Cannabis Entheogens Euphoriants Medicinal Plants Drugs Hemp Cannabis Smoking Psychoactive Drugs Herbalism Pain Cannabidiol Dietary Supplements Skin Care Products Effects Of Cannabis Hemp Oil Pet Products Medical Disorders Medical Marijuana

Is MJNA 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 0.222
52 Week Low 0.0001
Average Volume 10,654,397
200-Day Moving Average 0.0379
50-Day Moving Average 0.0245
20-Day Moving Average 0.0245
10-Day Moving Average 0.0234
Average True Range 0.0041
ADX 23.42
+DI 29.7578
-DI 13.8408
Chandelier Exit (Long, 3 ATRs) 0.0277
Chandelier Exit (Short, 3 ATRs) 0.0323
Upper Bollinger Bands 0.0307
Lower Bollinger Band 0.0183
Percent B (%b) 0.21
BandWidth 50.6122
MACD Line -0.0009
MACD Signal Line -0.0003
MACD Histogram -0.0005
Fundamentals Value
Market Cap 71.99 Million
Num Shares 3.44 Billion
EPS 0.00
Price-to-Earnings (P/E) Ratio 10.45
Price-to-Sales 1.45
Price-to-Book 0.55
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.0274
Resistance 3 (R3) 0.0280 0.0265 0.0263
Resistance 2 (R2) 0.0265 0.0249 0.0262 0.0259
Resistance 1 (R1) 0.0237 0.0238 0.0230 0.0231 0.0256
Pivot Point 0.0222 0.0222 0.0218 0.0219 0.0222
Support 1 (S1) 0.0194 0.0206 0.0187 0.0188 0.0162
Support 2 (S2) 0.0179 0.0195 0.0176 0.0159
Support 3 (S3) 0.0151 0.0179 0.0155
Support 4 (S4) 0.0145