The Technical Analyst
The Cannabis ETF [THCX]
Exchange: NYSE
The Cannabis ETF Price, Forecast, Insider, Ratings, Fundamentals & Signals
0.35% $16.60
America/New_York / 21 feb 2024 @ 15:56
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 12.90 mill |
| EPS: | 0 |
| P/E: | 0 |
| Earnings Date: | N/A |
| SharesOutstanding: | 0.777 mill |
| Avg Daily Volume: | 0.0228 mill |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE 0 | sector: PE 23.85 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| N/A |
| Company: PE 0 | industry: PE 13.52 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 16.15 - 17.05 ( +/- 2.70%) |
| ATR Model: 14 days |
Forecast:
01:40 - $17.23
Live Trading Signals (every 1 min)
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $16.60 (0.35% ) |
| Volume | 0.349 mill |
| Avg. Vol. | 0.0228 mill |
| % of Avg. Vol | 1 530.06 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For THCX
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
THCX
The fund will invest at least 80% of its total assets in the component securities of the index. It will also invest, under normal circumstances, at least 80% of its net assets, plus borrowings for investment purposes, in exchange listed common stock (or corresponding American Depositary Receipts ("ADRs") of Cannabis Companies. The index is a proprietary, rules-based index designed to track the performance of a portfolio of Cannabis Companies. The fund is non-diversified.
Latest News
2024-02-23 20:37:46 - ETF Trends
This Week in ETFs: 7 New ETFs Dwarfed by 11 Closures
During the past week, in the wake of the Exchange conference, launches of new ETFs started to pick up again from their recent lull. A total of seven funds rolled out during the week, while several issuers announced or completed ETF closures.
2024-02-09 13:46:40 - ETF Trends
This Week in ETFs: Just 5 New Funds in Quiet Week
During the week, several new ETFs debuted on the U.S. market, but the ETF industry was fairly quiet overall. Just five funds launched from issuers including KraneShares, Morgan Stanley subsidiary Eaton Vance, Direxion, and American Beacon.
2024-02-08 09:43:58 - ETF Trends
Understanding Cannabis ETFs' Wacky Divergence
One of the top-performing thematic segments this year is cannabis. A major catalyst has been the proposed descheduling of it from a Schedule I to a Schedule III drug under the Controlled Substances Act (CSA).
2023-04-17 17:20:53 - ETF Trends
AXS Provides ETF Access to Unique Strategies
As earnings season heats up, single-stock ETFs might garner attention. If they do, AXS Investments could recross the $1 billion assets under management mark.
2023-03-15 17:00:00 - Seeking Alpha
Pragmatic Cannabis Investing
Pelorus Equity Group's Rob Sechrist shares valuable advice for retail investors in the cannabis space. Scale is not the ultimate driver of cannabis companies.
2023-02-20 10:17:04 - Seeking Alpha
A Close Look At 13 Cannabis ETFs
Cannabis ETFs began to hit the market in 2017. As cannabis stocks have declined, they have lost their popularity.
2023-01-20 07:00:00 - Seeking Alpha
Markets Don't Move In Straight Lines
The most consistent progress in cannabis is coming from states continuing to roll out legalization programs. For cannabis companies wanting to make a profit in these legal markets, there is both opportunity and a need to navigate growing pains.
2023-01-18 10:00:00 - Seeking Alpha
Cannabis Is A Commodity
As the industry develops, lots of talk recently around cannabis consumption lounges and cannabis tourism in Colorado, Nevada and beyond. What it's like to grow the cannabis economy with Chris Chiari, CEO/Founder of The 420 Hotels.
2023-01-11 10:00:00 - Seeking Alpha
What's The Deal With New York Cannabis?
Legal cannabis has officially hit New York. Two long-time NY advocates, Allan Gandelman and Kaelan Castetter, provide context for this moment.
2022-11-29 23:47:28 - Seeking Alpha
THCX: High Time Somebody Reviewed This Fund
The Cannabis ETF (THCX) tracks North American Cannabis companies selected by market cap. The fund which has been around since 2019 is relatively small holding only 28 million in assets.