Trading Signals: MJ Stock Price Prediction and Forecast

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

Fri. Sep. 9, 2016

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

(ETFMG Alternative Harvest ETF)
MJ latest price $31.3900 (0%) ($0.0000 - $0.0000) on Fri. Sep. 9, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.24% (three month average)
RSI   54
Latest Price   $31.3900(0%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   MJ advances 0.6% a day on average for past five trading days.
Weekly Trend   MJ advances 0.2% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support MJ advance at 0% a week (0% probability)
IYT(42%)    IVE(35%)    IWD(35%)    VT(34%)    SDY(33%)
Factors Impacting MJ price   MJ will decline at least -0.62% in a week (0% probabilities).
VIXM(-14%)    UUP(-14%)    TLT(-12%)    SHY(-2%)    DIA(0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.62% (StdDev 1.24%)
Hourly BBV 0 ()
Intraday Trend 0%

5 Day Moving Average   $31.28(0.35%)
10 Day Moving Average   $31.14(0.8%)
20 Day Moving Average   $31.31(0.26%)
To recent high   -2.2%
To recent low   12.8%
Market Cap   $N/A

$. MJ price fluctuates within 1.15% (three month std-dev: 1.24%) daily (68% of days).

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

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20161009

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	Sep_9_2016	29.65	31.31	31.14	31.28	13.71	19.62	31.39(0%)	DP	OpenShort	-65	0.3	-110	1330	-132	-45	0	59%	0.1	-45.2	1.24%	0	0.2	54	0
2	Sep_8_2016	29.62	31.34	31.11	31.11	19.55	19.6	31.39(0.58%)	UT	OpenLong	75	0.7	406	-1100	480	182	0	62%	0.07	-45.3	1.25%	0	0.1	50	0
3	Sep_7_2016	29.6	31.37	31.09	31.05	19.33	7.8	31.21(0%)	DP	OpenShort	-65	0.4	-387	-5310	-449	-201	0	62%	0.07	-35.8	1.3%	0	-0.4	34	0
4	Sep_6_2016	29.58	31.42	31.1	31.03	19.33	19.51	31.21(0%)	DP	OpenShort	-65	0.4	-378	-1060	-436	-205	0	65%	0.14	-23.8	1.3%	0	-0.5	34	0
5	Sep_2_2016	29.54	31.44	31.1	31.01	19.32	30.86	31.21(2.29%)	UT	OpenLong	75	0.4	477	3050	574	186	0	65%	0.07	-18.9	1.33%	0	-0.5	29	0

6	Sep_1_2016	29.52	31.47	31.09	30.99	13.46	19.14	30.51(-1.93%)	UD	OpenLong	75	-1.1	463	1260	562	166	0	63%	0.03	-14	1.3%	0	-2.1	3	0
7	Aug_31_2016	29.51	31.52	31.18	31.11	7.78	19.14	31.11(0%)	DT	HoldShort	-50	0	-133	-2250	-138	-117	0	67%	0.1	0.8	1.28%	0	-1	4	0
8	Aug_30_2016	29.48	31.53	31.24	31.14	13.61	19.14	31.11(0%)	DT	HoldShort	-50	-0.1	-18	-4690	-2	-65	0	67%	0.07	8.3	1.28%	0	-1	4	0
9	Aug_29_2016	29.46	31.52	31.31	31.17	13.62	7.78	31.11(0%)	DT	HoldShort	-50	-0.1	-518	-4690	-590	-303	0	67%	0.14	9.2	1.29%	0	-1	4	0
10	Aug_26_2016	29.42	31.53	31.4	31.19	13.62	19.44	31.11(0%)	DT	HoldShort	-50	-0.2	-17	-1150	-2	-63	0	67%	0.14	11.5	1.29%	0	-1	29	0

11	Aug_25_2016	29.38	31.54	31.49	31.21	19.5	19.46	31.11(-0.48%)	DT	OpenShort	-75	-0.2	-21	-1140	-7	-61	0	67%	0.14	12.6	1.29%	0	-1	28	0
12	Aug_24_2016	29.34	31.52	31.59	31.26	19.53	19.55	31.26(0%)	DP	OpenShort	-65	0	-131	-1120	-140	-102	0	67%	0.14	10.5	1.3%	0	-0.5	51	0
13	Aug_23_2016	29.3	31.5	31.68	31.36	25.41	19.54	31.26(0.16%)	UT	OpenLong	75	-0.2	103	-2190	129	26	0	67%	0.1	16	1.31%	0	-0.5	58	0
14	Aug_22_2016	29.27	31.5	31.76	31.47	19.58	19.51	31.21(0%)	DT	HoldShort	-50	-0.5	-498	-1160	-586	-235	0	67%	0.1	24.4	1.33%	0	-0.6	64	0
15	Aug_19_2016	29.24	31.5	31.83	31.64	25.59	31.28	31.21(-0.41%)	UD	OpenLong	75	-0.9	363	980	421	189	0	61%	0.1	39.6	1.34%	0	-0.5	53	0

16	Aug_18_2016	29.21	31.48	31.9	31.82	25.81	19.64	31.34(-1.42%)	UD	OpenLong	75	-1	105	-2240	111	87	0	61%	0.14	67.3	1.38%	0	-0.3	56	0
17	Aug_17_2016	29.17	31.47	31.91	31.97	19.98	19.9	31.79(0%)	DT	HoldShort	-50	-0.3	-359	-1150	-441	-112	0	64%	0.1	90.3	1.38%	0	0.6	74	0
18	Aug_16_2016	29.14	31.42	31.85	32.03	20	31.97	31.79(-0.9%)	UD	OpenLong	75	-0.4	490	3060	554	298	0	64%	0.17	102.9	1.39%	0	0.7	73	0
19	Aug_15_2016	29.09	31.36	31.77	32.1	20	20.06	32.08(-0.06%)	UD	OpenLong	75	-0	390	1310	435	256	0	64%	0.1	115.6	1.39%	0	1.3	71	0
20	Aug_12_2016	29.06	31.28	31.68	32.04	14.04	20.06	32.1(0%)	N/A	N/A	0	0.1	-86	-4680	-125	31	0	66%	0.17	102.8	1.4%	0	1.2	65	0

21	Aug_11_2016	29.01	31.15	31.59	31.98	20	8.03	32.1(0%)	DP	OpenShort	-65	0.2	-439	-5310	-539	-138	0	66%	0.14	96.3	1.43%	0	1.3	65	0
22	Aug_10_2016	28.97	31.01	31.44	31.84	25.95	20.06	32.1(0%)	DP	OpenShort	-65	0.3	-435	-2140	-530	-150	0	69%	0.14	91.6	1.43%	0	1.3	66	0
23	Aug_9_2016	28.93	30.87	31.29	31.64	31.78	31.97	32.1(0.98%)	UT	OpenLong	75	0.6	29	60	20	55	0	65%	0.14	81.8	1.47%	0	1.5	71	0
24	Aug_8_2016	28.89	30.73	31.17	31.39	31.54	31.84	31.79(-0.13%)	UD	OpenLong	75	0.5	23	80	18	39	0	65%	0.14	71.9	1.49%	0	1.3	68	0
25	Aug_5_2016	28.85	30.6	31.1	31.27	31.28	31.6	31.83(1.5%)	UT	OpenLong	75	0.6	126	70	139	86	0.01	65%		60.1	1.49%	0	1.3	71	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

Click to see actual return for next trading day.