SHWZ Stock Medicine Man Technologies (SHWZ, $0.02) entered Downtrend as Momentum indicator drops below 0 level on Jan 06, 2025
at Tickeron.com
SHWZ in -80.00% downward trend, declining for three consecutive days on December 23, 2024
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where SHWZ declined for three days, in of 313 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Aroon Indicator for SHWZ entered a downward trend on January 03, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 08, 2025. You may want to consider a long position or call options on SHWZ as a result. In of 96 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for SHWZ just turned positive on January 02, 2025. Looking at past instances where SHWZ's MACD turned positive, the stock continued to rise in of 57 cases over the following month. The odds of a continued upward trend are .
