Trading Signals: MJ Stock Price Prediction and Forecast

^ MJ: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Fri. Apr. 15, 2016

Trading Signals: MJ Stock Price Prediction and Forecast (Thu. Dec. 3, 2015 - Wed. Sep. 14, 2022)

(ETFMG Alternative Harvest ETF)
MJ latest price $28.8700 (-1.03%) ($28.8200 - $29.0200) on Fri. Apr. 15, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.53% (three month average)
RSI   69
Latest Price   $28.8700(-1.03%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   MJ advances 1.2% a day on average for past five trading days.
Weekly Trend   MJ advances 1.8% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support MJ advance at 0% a week (0% probability)
IYT(42%)    IWD(35%)    IVE(34%)    VT(34%)    SDY(33%)
Factors Impacting MJ price   MJ will decline at least -1.265% in a week (0% probabilities).
VIXM(-14%)    UUP(-14%)    TLT(-12%)    SHY(-2%)    IPO(-0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.265% (StdDev 2.53%)
Hourly BBV 0 ()
Intraday Trend -0.3%

5 Day Moving Average   $28.85(0.07%)
10 Day Moving Average   $28.15(2.56%)
20 Day Moving Average   $28.05(2.92%)
To recent high   -1%
To recent low   31.3%
Market Cap   $N/A

$. MJ price fluctuates within 2.25% (three month std-dev: 2.53%) daily (68% of days).

Sample size 6 Average positive next day return: 2%(50%) Average negative next day return: -0.6%(50%) Sample size 6 Average positive next three day return: 0.25%(67%) Average negative next three day return: -3.68%(33%) Sample size 6 Average positive next weekly return: 1.47%(33%) Average negative next weekly return: -2.56%(67%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20160515

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Apr_15_2016	25.1	28.05	28.15	28.85	23.47	18.11	28.87(-1.03%)	UD	OpenLong	75	0	19	-2160	9	47	0	66%	0.16	88.4	2.53%	0	1.3	69	0
2	Apr_14_2016	25.06	27.93	28.09	28.5	23.37	18.23	29.17(0%)	DP	OpenShort	-65	1	-159	-2080	-197	-43	0	66%	0.2	62.2	2.52%	0	1.8	72	0
3	Apr_13_2016	25.01	27.79	27.97	28.09	23.24	28.84	29.17(2.21%)	UT	OpenLong	75	1.5	24	1170	23	26	0	66%	0.2	44	2.52%	0	1.9	58	0
4	Apr_12_2016	24.96	27.64	27.84	27.75	22.73	28.5	28.54(0.18%)	UT	OpenLong	75	1.1	244	1230	287	114	0	66%	0.16	31.2	2.51%	0	1.3	51	0
5	Apr_11_2016	24.92	27.57	27.79	27.53	17.32	17.64	28.49(5.01%)	N/A	N/A	0	1.4	15	-980	21	-3	0	66%	0.16	29.6	2.51%	0	1.3	53	0

6	Apr_8_2016	24.88	27.51	27.65	27.38	17.07	16.96	27.13(0%)	DT	HoldShort	-50	-0.4	-69	-1170	-73	-56	0	62%	0.08	31.3	2.44%	0	-0.6	37	0
7	Apr_7_2016	24.86	27.5	27.67	27.62	22.34	17	27.13(-1.17%)	DT	OpenShort	-75	-0.7	-14	-2250	-13	-15	0	62%	0.12	49.2	2.44%	0	-0.6	61	0
8	Apr_6_2016	24.83	27.47	27.77	27.81	22.64	17.18	27.45(0%)	DT	HoldShort	-50	-0.5	-183	-2250	-220	-73	0	62%	0.12	70.6	2.43%	0	-0	64	0
9	Apr_5_2016	24.8	27.42	27.85	27.94	22.68	27.68	27.45(-1.05%)	UD	OpenLong	75	-0.7	53	980	51	58	0	62%	0.12	85	2.43%	0	0	64	0
10	Apr_4_2016	24.77	27.37	27.92	28.07	17.56	28.09	27.74(-2.05%)	UD	OpenLong	75	-0.4	199	3070	218	141	0	62%	0.16	99.3	2.42%	0	0.5	56	0

11	Apr_1_2016	24.73	27.3	27.97	27.96	17.62	17.67	28.32(0.78%)	UT	OpenLong	75	0.4	265	-1090	295	175	0	62%	0.16	113.5	2.41%	0	1.3	59	0
12	Mar_31_2016	24.69	27.17	27.78	27.96	12.24	7.03	28.1(0%)	DP	OpenShort	-65	0.4	-227	-4660	-279	-71	0	62%	0.2	117.5	2.43%	0	1.1	61	0
13	Mar_30_2016	24.64	26.99	27.6	27.73	12.24	17.56	28.1(0%)	UT	HoldLong	50	0.4	11	-1010	1	41	0	62%	0.16	101.8	2.43%	0	1.1	65	0
14	Mar_29_2016	24.6	26.8	27.43	27.73	17.26	17.45	28.1(3.42%)	UT	OpenLong	75	0.3	20	-1060	10	49	0	62%	0.2	97	2.43%	0	1.1	66	0
15	Mar_28_2016	24.55	26.6	27.33	27.77	17.29	16.95	27.17(0%)	N/A	N/A	0	-0.5	-50	-1270	-75	24	0	60%	0.12	95.1	2.39%	0	0.5	61	0

16	Mar_24_2016	24.52	26.41	27.34	27.97	22.61	17.07	27.17(-3.31%)	UD	OpenLong	65	-0.5	10	-2290	-10	70	0	60%	0.12	80.6	2.39%	0	0.5	59	0
17	Mar_23_2016	24.49	26.22	27.32	27.8	22.85	17.63	28.1(-0.74%)	DT	OpenShort	-75	0.2	-160	-2130	-211	-7	0	64%	0.2	73	2.35%	0	1.1	73	0
18	Mar_22_2016	24.44	25.98	27.15	27.44	22.74	28.15	28.31(0.71%)	UT	HoldLong	65	0.5	91	1150	83	114	0.01	64%	0.25	65.7	2.35%	0	1.4	83	0
19	Mar_21_2016	24.38	25.72	26.94	27.03	17.33	28.08	28.11(-0.25%)	UD	OpenLong	75	0.6	226	3270	242	177	0	64%	0.21	59.7	2.34%	0	1.4	82	0
20	Mar_18_2016	24.33	25.46	26.75	26.84	16.88	17.33	28.18(7.19%)	UT	HoldLong	65	0.8	226	-930	239	186	0	64%	0.21	58.4	2.34%	0	1.6	83	0

21	Mar_17_2016	24.28	25.21	26.56	26.66	16.64	6.57	26.29(0%)	N/A	N/A	0	-0.2	-227	-5360	-303	3	0	57%	0.12	58.4	2.17%	0	0.7	82	0
22	Mar_16_2016	24.25	25.05	26.52	26.79	21.81	16.43	26.29(0%)	N/A	N/A	0	-0.3	-220	-2280	-307	40	0	55%	0.12	60.6	2.17%	0	0.8	83	0
23	Mar_15_2016	24.22	24.89	26.33	26.79	26.84	26.71	26.29(-3.1%)	UD	OpenLong	65	-0.3	35	-30	-12	175	0	55%	0.12	58.9	2.18%	0	0.9	83	0
24	Mar_14_2016	24.19	24.73	26.13	26.81	26.88	27.19	27.13(-0.7%)	TP	CloseLong	-10	0.2	121	90	83	233	0	60%	0.17	57.1	2.14%	0	1.5	94	0
25	Mar_11_2016	24.15	24.53	25.84	26.64	21.74	26.98	27.32(1.56%)	UT	HoldLong	65	0.4	68	1140	19	214	0	57%		54.4	2.14%	0	1.8	97	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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