Trading Signals: MJ Stock Price Prediction and Forecast

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

Tue. Oct. 4, 2016

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

(ETFMG Alternative Harvest ETF)
MJ latest price $30.8800 (0%) ($0.0000 - $0.0000) on Tue. Oct. 4, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.32% (three month average)
RSI   54
Latest Price   $30.8800(0%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   MJ advances 0.5% 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   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%)    VYM(34%)
Factors Impacting MJ price   MJ will decline at least -0.66% in a week (0% probabilities).
VIXM(-14%)    UUP(-14%)    TLT(-12%)    IPO(-7%)    SHY(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.66% (StdDev 1.32%)
Hourly BBV 0 ()
Intraday Trend 0%

5 Day Moving Average   $30.67(0.68%)
10 Day Moving Average   $30.4(1.58%)
20 Day Moving Average   $30.33(1.81%)
To recent high   -3.8%
To recent low   9%
Market Cap   $N/A

$. MJ price fluctuates within 2.11% (three month std-dev: 1.32%) 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

> 20161104

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	Oct_4_2016	29.83	30.33	30.4	30.67	19.15	19.29	30.88(0%)	DP	OpenShort	-65	0.3	-448	-1080	-551	-139	0	59%	0.07	-10	1.32%	0	0.9	54	0
2	Oct_3_2016	29.81	30.34	30.26	30.53	24.84	30.61	30.88(1.71%)	UT	OpenLong	75	0.5	503	1070	575	288	0	59%	0.07	-15.4	1.33%	0	0.8	54	0
3	Sep_30_2016	29.79	30.35	30.12	30.39	19.01	19.01	30.36(-0.85%)	UD	OpenLong	75	-0	118	-1120	129	85	0	60%	0	-20.4	1.32%	0	0	48	0
4	Sep_29_2016	29.79	30.36	30.03	30.35	13.31	19.07	30.62(0%)	DP	OpenShort	-65	0.4	-103	1340	-122	-44	0	60%	0.07	-25.8	1.35%	0	0.4	38	0
5	Sep_28_2016	29.77	30.38	29.9	30.32	18.96	19.01	30.62(1.49%)	UT	OpenLong	75	0.4	364	-1110	436	149	0	62%	0.03	-28.1	1.35%	0	0.4	38	0

6	Sep_27_2016	29.76	30.4	29.86	30.09	18.95	7.54	30.17(0%)	DP	OpenShort	-65	0.1	-364	-5330	-412	-221	0	60%	0.07	-37.8	1.35%	0	-0.3	35	0
7	Sep_26_2016	29.74	30.44	29.88	29.94	18.91	18.9	30.17(0%)	DP	OpenShort	-65	0.3	-374	-1110	-416	-246	0	60%	0.03	-43.8	1.35%	0	-0.4	35	0
8	Sep_23_2016	29.73	30.49	29.9	29.8	18.86	30.36	30.17(-0.95%)	UD	OpenLong	75	0.5	442	3170	550	119	0	57%	0.03	-49.6	1.37%	0	-0.4	35	0
9	Sep_22_2016	29.72	30.53	30	29.66	13.14	18.91	30.46(3.39%)	UT	OpenLong	75	1.1	347	1400	438	72	0	57%	0.07	-56.1	1.37%	0	-0.1	50	0
10	Sep_21_2016	29.7	30.57	30.07	29.43	12.89	18.91	29.46(0%)	DP	OpenShort	-65	0	-148	-4680	-137	-180	0	53%	0	-67.4	1.3%	0	-1.5	29	0

11	Sep_20_2016	29.7	30.66	30.25	29.62	18.38	7.37	29.46(0%)	DT	HoldShort	-50	-0.2	-393	-5330	-430	-281	0	53%	0.03	-66.8	1.32%	0	-1.7	29	0
12	Sep_19_2016	29.69	30.75	30.42	29.81	18.44	18.42	29.46(0%)	DT	HoldShort	-50	-0.5	-387	-1150	-427	-265	0	53%	-0.03	-70.7	1.32%	0	-2	29	0
13	Sep_16_2016	29.7	30.85	30.6	30	18.5	29.4	29.46(0.48%)	UT	OpenLong	75	-0.9	312	2970	390	77	0	53%	0	-78	1.32%	0	-2.4	30	0
14	Sep_15_2016	29.7	30.95	30.72	30.39	18.74	18.46	29.32(-3.55%)	UD	OpenLong	75	-2.1	422	-1250	513	148	0	53%	0	-77.8	1.32%	0	-3.3	27	0
15	Sep_14_2016	29.7	31.07	30.92	30.8	13.37	7.6	30.4(0%)	DT	HoldShort	-50	-1.1	-528	-4720	-613	-273	0	59%	0.03	-81.9	1.24%	0	-1.9	35	0

16	Sep_13_2016	29.69	31.14	30.99	30.97	19.32	19.02	30.4(-0.13%)	DT	OpenShort	-75	-1.6	-16	-1240	-14	-22	0	53%	0.07	-76.8	1.24%	0	-2.1	35	0
17	Sep_12_2016	29.67	31.23	31.07	31.13	19.37	19.14	30.44(-3.03%)	UD	OpenLong	75	-1.9	88	-1220	105	38	0	53%	0.07	-60	1.3%	0	-2.2	37	0
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	Aug_30_2016	29.48	31.53	31.24	31.14	13.61	7.78	31.11(0%)	DT	HoldShort	-50	-0.1	-18	-4690	-2	-65	0	67%		8.3	1.28%	0	-1	4	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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