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Munafa Global X Cannabis ETF (POTX) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Munafa Global X Cannabis ETF (POTX) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow Global X Cannabis ETF intraday tips for today and tomorrow

Global X Cannabis ETF (POTX) Indicator analysis

Moving Averages for Global X Cannabis ETF

  • 5Day Average: 5.14
  • 12Day Average: 5.16
  • 20Day Average: 5.22
  • 50Day Average: 5.52
  • 100Day Average: 5.62
  • 150Day Average: 6.11
  • 200Day Average: 6.39

POTX Indicators & signals

Indicator MACD (12,26,9)

5.18, 5.29, -0.12
Indicator MACD is in negative zone

Indicator ADX (14)

0, 58.33, 58.33
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of POTX Global X Cannabis ETF are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
16 Fri Feb 2024 5.16 5.08 to 5.16 0.98% 0.74 times
15 Thu Feb 2024 5.11 5.10 to 5.15 -0.78% 0.97 times
14 Wed Feb 2024 5.15 5.12 to 5.15 0% 0.8 times
13 Tue Feb 2024 5.15 5.09 to 5.15 0% 0.96 times
12 Mon Feb 2024 5.15 5.09 to 5.15 0.78% 0.31 times
09 Fri Feb 2024 5.11 5.09 to 5.15 -0.39% 1.85 times
08 Thu Feb 2024 5.13 5.10 to 5.15 -0.39% 2.59 times
07 Wed Feb 2024 5.15 5.10 to 5.15 -0.77% 0.71 times
06 Tue Feb 2024 5.19 5.14 to 5.20 1.17% 0.32 times
05 Mon Feb 2024 5.13 5.13 to 5.20 -1.16% 0.79 times
02 Fri Feb 2024 5.19 5.14 to 5.20 -0.95% 0.71 times
01 Thu Feb 2024 5.24 5.18 to 5.25 0.38% 0.34 times

Global X POTX intraday stock tips

16 Friday February Stock tips for Global X Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Global X POTX gave a large move recently.

My analysis of Global X is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 5.1 as stoploss in an intra day buy trade for a target of 5.25. However, stock will show a bearish move below 5.1.

15 Thursday February Stock tips for Global X Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Global X POTX gave a large move recently.

My analysis of Global X is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 5.1 as stoploss in an intra day buy trade for a target of 5.26. However, stock will show a bearish move below 5.1.

14 Wednesday February Stock tips for Global X Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Global X POTX gave a large move recently.

My analysis of Global X is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 5.1 as stoploss in an intra day buy trade for a target of 5.28. However, stock will show a bearish move below 5.1.

13 Tuesday February Stock tips for Global X Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Global X POTX gave a large move recently.

My analysis of Global X is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 5.1 as stoploss in an intra day buy trade for a target of 5.29. However, stock will show a bearish move below 5.1.

12 Monday February Stock tips for Global X Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Global X POTX gave a large move recently.

My analysis of Global X is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 5.1 as stoploss in an intra day buy trade for a target of 5.3. However, stock will show a bearish move below 5.1.

09 Friday February Stock tips for Global X Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Global X POTX gave a large move recently.

My analysis of Global X is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 5.1 as stoploss in an intra day buy trade for a target of 5.32. However, stock will show a bearish move below 5.1.

08 Thursday February Stock tips for Global X Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Global X POTX gave a large move recently.

My analysis of Global X is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 5.1 as stoploss in an intra day buy trade for a target of 5.34. However, stock will show a bearish move below 5.1.

Global X POTX tips for tomorrow

Tomorrow's movement Prediction of Global X POTX appears strongly Bullish. This stock started moving upwards as soon as it opened. Generally this happens when there is a positive sentiment following the stock, making it attractive. There's a good chance that this upwards movement will continue tomorrow as well.

Munafa value: 65

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

Munafa Global X Cannabis ETF (POTX) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

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Munafa Global X Cannabis ETF (POTX) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

 

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