Trading Signals: MJ Stock Price Prediction and Forecast

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

Wed. Jul. 6, 2016

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

(ETFMG Alternative Harvest ETF)
MJ latest price $29.5700 (0%) ($0.0000 - $0.0000) on Wed. Jul. 6, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.47% (three month average)
RSI   76
Latest Price   $29.5700(0%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   MJ advances 0.8% a day on average for past five trading days.
Weekly Trend   MJ advances 2.2% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Growth stock 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 -0.735% in a week (0% probabilities).
VIXM(-14%)    UUP(-14%)    TLT(-12%)    SHY(-2%)    IBUY(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.735% (StdDev 1.47%)
Hourly BBV 0 ()
Intraday Trend INF%

5 Day Moving Average   $29.28(0.99%)
10 Day Moving Average   $28.81(2.64%)
20 Day Moving Average   $28.56(3.54%)
To recent high   -1.4%
To recent low   9%
Market Cap   $N/A

$. MJ price fluctuates within 2.03% (three month std-dev: 1.47%) daily (68% of days).

Sample size 2 Average positive next day return: 0%(0%) Average negative next day return: 0%(100%) Sample size 2 Average positive next three day return: 0%(0%) Average negative next three day return: 0%(100%) Sample size 2 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20160806

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	Jul_6_2016	27.63	28.56	28.81	29.28	18.41	7.39	29.57(0%)	DP	OpenShort	-65	0.5	-290	-5300	-367	-57	0	59%	0.22	70.4	1.47%	0	1.7	76	INF
2	Jul_5_2016	27.57	28.5	28.69	29.06	18.35	18.53	29.57(0%)	DP	OpenShort	-65	1	-373	-1040	-463	-104	0	59%	0.25	72	1.47%	0	2	76	INF
3	Jul_1_2016	27.5	28.42	28.54	28.74	23.59	29.44	29.57(1.27%)	UT	HoldLong	65	1.6	446	1200	508	260	0	59%	0.22	63.9	1.49%	0	2.2	76	INF
4	Jun_30_2016	27.44	28.31	28.38	28.42	17.92	18.16	29.2(2.53%)	UT	OpenLong	75	1.6	28	-1010	26	34	0	59%	0.26	51.8	1.47%	0	1.9	52	INF
5	Jun_29_2016	27.37	28.21	28.24	28.42	17.92	17.75	28.48(0%)	N/A	N/A	0	0.4	2	-1090	2	0	0	60%	0.15	44.9	1.44%	0	0.6	41	INF

6	Jun_28_2016	27.33	28.16	28.19	28.42	17.66	17.69	28.48(1.82%)	UT	OpenLong	75	0.4	90	-1110	111	28	0	60%	0.18	42.4	1.5%	0	0.7	37	INF
7	Jun_27_2016	27.28	28.12	28.13	28.27	12.34	17.56	27.97(0%)	DT	HoldShort	-50	-0.6	-101	1270	-112	-66	0	58%	0.15	40.9	1.48%	0	-0.3	47	INF
8	Jun_24_2016	27.24	28.09	28.14	28.29	17.71	17.63	27.97(-1.76%)	UD	OpenLong	75	-0.6	383	-1150	457	161	0	52%	0.15	30.8	1.49%	0	-0.2	50	INF
9	Jun_23_2016	27.2	28.06	28.22	28.33	12.43	7.12	28.47(0%)	DP	OpenShort	-65	0.3	-377	-4670	-443	-178	0	55%	0.26	27.1	1.54%	0	0.8	66	INF
10	Jun_22_2016	27.13	28	28.25	28.2	17.69	17.8	28.47(0%)	DP	OpenShort	-65	0.5	-77	-1070	-93	-29	0	55%	0.22	9.5	1.54%	0	0.8	66	INF

11	Jun_21_2016	27.07	27.96	28.3	28.09	22.82	17.75	28.47(1.43%)	UT	OpenLong	75	0.7	103	-2120	115	68	0	55%	0.26	-5.6	1.54%	0	0.9	65	INF
12	Jun_20_2016	27	27.92	28.28	27.99	17.45	17.58	28.07(-0.28%)	DT	OpenShort	-75	0.1	-367	-1080	-438	-152	0	55%	0.22	-23.8	1.53%	0	0.3	58	INF
13	Jun_17_2016	26.94	27.93	28.29	27.96	22.68	27.89	28.15(1.11%)	UT	OpenLong	75	0.4	257	1040	294	146	0	63%	0.22	-33.7	1.77%	0	0.4	63	INF
14	Jun_16_2016	26.88	27.91	28.22	28.1	22.63	17.31	27.84(-0.36%)	UD	OpenLong	75	-0.5	73	-2230	74	69	0	63%	0.22	-43	1.77%	0	-0.1	60	INF
15	Jun_15_2016	26.82	27.95	28.19	28.31	17.52	17.46	27.94(0%)	DT	HoldShort	-50	-0.7	-325	-1170	-398	-104	0	58%	0.22	-36.5	1.77%	0	-0	62	INF

16	Jun_14_2016	26.76	27.99	28.14	28.54	23.01	27.94	27.94(-0.04%)	UD	OpenLong	75	-1	254	920	279	180	0	58%	0.22	-26.5	1.81%	0	-0.1	55	INF
17	Jun_13_2016	26.7	28.05	28.12	28.62	23.27	17.58	27.95(-3.12%)	UD	OpenLong	65	-1	5	-2270	-16	67	0	58%	0.23	-14.9	1.81%	0	-0.2	53	INF
18	Jun_10_2016	26.64	28.11	28.06	28.65	23.35	18.07	28.85(0%)	DP	OpenShort	-65	0.3	-308	-2140	-382	-86	0	63%	0.26	-10.7	1.78%	0	1	55	INF
19	Jun_9_2016	26.57	28.11	27.9	28.35	28.54	28.97	28.85(-0.96%)	UD	OpenLong	75	0.6	107	130	114	87	0	63%	0.15	-15.7	1.79%	0	0.9	61	INF
20	Jun_8_2016	26.53	28.11	27.74	28.05	23.02	28.63	29.13(2.93%)	UT	OpenLong	75	1.3	33	1170	36	22	0	63%	0.19	-22.9	1.78%	0	1.2	52	INF

21	Jun_7_2016	26.48	28.11	27.57	27.7	22.58	28.11	28.3(0.71%)	UT	OpenLong	75	0.7	261	1160	316	97	0	60%	0.08	-35.1	1.75%	0	0.2	40	INF
22	Jun_6_2016	26.46	28.15	27.57	27.56	22.34	17.41	28.1(2.7%)	N/A	N/A	0	0.7	2	-2110	19	-50	0	60%	0.15	-45.1	1.75%	0	-0.1	33	INF
23	Jun_3_2016	26.42	28.19	27.51	27.4	22.34	17.05	27.36(0%)	DP	OpenShort	-65	-0	-268	-2200	-291	-197	0	66%	0.11	-55.1	1.75%	0	-1	21	INF
24	Jun_2_2016	26.39	28.27	27.56	27.38	22.24	27.28	27.36(-0.11%)	N/A	N/A	0	-0	41	1020	76	-64	0	66%	0.11	-59.3	1.93%	0	-1.1	18	INF
25	Jun_1_2016	26.36	28.34	27.68	27.37	17.13	27.44	27.39(-0.69%)	UD	OpenLong	75	0	197	3090	262	3	0	66%		-66.3	1.93%	0	-1.2	31	INF
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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