Trading Signals: MJ Stock Price Prediction and Forecast

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

Tue. Apr. 26, 2016

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

(ETFMG Alternative Harvest ETF)
MJ latest price $29.0900 (1.68%) ($28.9200 - $29.0900) on Tue. Apr. 26, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.13% (three month average)
RSI   74
Latest Price   $29.0900(1.68%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   MJ advances 0.1% a day on average for past five trading days.
Weekly Trend   MJ advances 1.7% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally 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 -1.065% in a week (0% probabilities).
VIXM(-14%)    UUP(-14%)    TLT(-12%)    IBUY(-4%)    SHY(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.065% (StdDev 2.13%)
Hourly BBV 0 ()
Intraday Trend 0.6%

5 Day Moving Average   $28.82(0.94%)
10 Day Moving Average   $28.9(0.66%)
20 Day Moving Average   $28.4(2.43%)
To recent high   -0.3%
To recent low   32.3%
Market Cap   $N/A

$. MJ price fluctuates within 2.25% (three month std-dev: 2.13%) daily (68% of days).

Sample size 4 Average positive next day return: 0.67%(50%) Average negative next day return: -0.32%(50%) Sample size 4 Average positive next three day return: 1.72%(75%) Average negative next three day return: -1.47%(25%) Sample size 4 Average positive next weekly return: 2.17%(50%) Average negative next weekly return: -3.3%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20160526

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_26_2016	25.36	28.4	28.9	28.82	23.36	28.82	29.09(1.68%)	UT	OpenLong	75	0.4	17	1070	6	51	0	79%	0.16	41.8	2.13%	0	1.1	74	0
2	Apr_25_2016	25.32	28.35	28.85	28.78	23.35	28.61	28.61(0.07%)	UT	OpenLong	75	-0.3	227	1010	250	158	0	79%	0.12	39	2.12%	0	0.4	71	0
3	Apr_22_2016	25.29	28.28	28.84	28.83	23.42	17.91	28.59(-1.07%)	UD	OpenLong	75	-0.4	76	-2210	69	96	0	79%	0.12	34.2	2.13%	0	0.5	64	0
4	Apr_21_2016	25.26	28.22	28.72	28.89	18.07	18.09	28.9(0%)	DP	OpenShort	-65	0	-268	-1120	-334	-70	0	66%	0.16	40.4	2.12%	0	0.9	57	0
5	Apr_20_2016	25.22	28.17	28.55	28.94	23.5	28.93	28.9(0%)	UD	OpenLong	65	-0.1	251	1050	280	162	0	66%	0.16	56	2.51%	0	1	60	0

6	Apr_19_2016	25.18	28.14	28.41	29	18.08	18.06	28.9(0.1%)	UT	OpenLong	75	-0.1	13	-1140	1	49	0	66%	0.16	74	2.51%	0	1.1	60	0
7	Apr_18_2016	25.14	28.09	28.27	28.92	18.15	18.07	28.87(0%)	N/A	N/A	0	-0.1	-42	-1150	-62	17	0	66%	0.16	82.3	2.51%	0	1.2	59	0
8	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
9	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
10	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

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		65.7	2.35%	0	1.4	83	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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