Trading Signals: MJ Stock Price Prediction and Forecast

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

Sat. Nov. 12, 2016

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

(ETFMG Alternative Harvest ETF)
MJ latest price $27.1800 (-4.3%) ($26.9800 - $27.4600) on Sat. Nov. 12, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.64% (three month average)
RSI   21
Latest Price   $27.1800(-4.3%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   MJ declines -2.2% a day on average for past five trading days.
Weekly Trend   MJ declines -4% 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)
(0%)    (0%)    (0%)    (0%)    (0%)
Factors Impacting MJ price   MJ will decline at least -0.82% in a week (0% probabilities).
(0%)    (0%)    (0%)    (0%)    (0%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.82% (StdDev 1.64%)
Hourly BBV 0 ()
Intraday Trend 0.2%

1 - 5 Day Possible Target   $22(-19.06%)
Resistance Level   $31.04
5 Day Moving Average   $29.63(-8.27%)
10 Day Moving Average   $30.22(-10.06%)
20 Day Moving Average   $31.04(-12.44%)
To recent high   -16.4%
To recent low   0%
Market Cap   $N/A

$. MJ price fluctuates within 4.12% (three month std-dev: 1.64%) daily (68% of days).

Sample size 4 Average positive next day return: 3.86%(50%) Average negative next day return: -3.38%(50%) Sample size 4 Average positive next three day return: 3.38%(75%) Average negative next three day return: -1.01%(25%) Sample size 4 Average positive next weekly return: 4.22%(75%) Average negative next weekly return: -2.51%(25%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20161212

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	Nov_11_2016	30.66	31.04	30.22	29.63	29.36	27.88	27.18(-4.3%)	DT	HoldShort	-50	-1.9	-23	-380	16	-138	0	37%	-0.03	-29.4	1.64%	0	-3	21	0
2	Nov_10_2016	30.67	31.25	30.71	30.3	24.47	29.39	28.4(-6.79%)	DT	OpenShort	-75	-2	-89	830	-72	-141	0	40%	0	-20.3	1.56%	0	-3	25	0
3	Nov_9_2016	30.67	31.39	31.07	30.7	24.93	30.83	30.47(-3.58%)	UD	OpenLong	75	-0.3	334	1090	424	65	0	48%	0.07	-11.7	1.33%	0	-1.3	34	0
4	Nov_8_2016	30.65	31.41	31.23	30.67	24.98	19.55	31.6(3.54%)	DP	OpenShort	-65	1.4	-7	-2080	26	-105	0	53%	0.13	-14.4	1.26%	0	0.3	44	0
5	Nov_7_2016	30.61	31.39	31.3	30.69	24.7	19.03	30.52(0%)	DT	HoldShort	-50	-0.3	-451	-2190	-498	-311	0	47%	0.07	-12	1.18%	0	-1.3	34	0

6	Nov_4_2016	30.59	31.42	31.46	30.93	24.77	30.42	30.52(0.36%)	DP	OpenShort	-75	-0.6	-37	1000	-21	-83	0	50%	0.1	-0.9	1.19%	0	-1.3	51	0
7	Nov_3_2016	30.56	31.44	31.63	31.2	25.1	30.37	30.41(0.4%)	UT	OpenLong	75	-1.2	496	880	593	205	0	50%	0.07	13	1.2%	0	-1.6	50	0
8	Nov_2_2016	30.54	31.47	31.81	31.5	19.49	19.13	30.29(-4.51%)	DT	OpenShort	-75	-1.9	-47	-1270	-58	-12	0	50%	0.1	28.5	1.2%	0	-1.9	49	0
9	Nov_1_2016	30.51	31.51	32	31.85	19.89	19.83	31.72(0%)	DT	HoldShort	-50	-0.2	-135	-1150	-179	-4	0	58%	0.1	49.7	1.07%	0	0.4	72	0
10	Oct_31_2016	30.48	31.47	32.01	32	25.93	19.85	31.72(-0.5%)	UD	OpenLong	65	-0.5	11	-2210	-15	90	0	58%	0.1	63.1	1.07%	0	0.4	64	0

11	Oct_28_2016	30.45	31.43	31.93	32.08	26.12	19.95	31.88(0%)	DT	HoldShort	-50	-0.3	-445	-2210	-552	-122	0	61%	0.1	68.5	1.1%	0	0.7	66	0
12	Oct_27_2016	30.42	31.36	31.84	32.13	26.13	32.02	31.88(-0.5%)	UD	OpenLong	65	-0.4	13	1020	-16	101	0	61%	0.1	71.6	1.1%	0	0.8	71	0
13	Oct_26_2016	30.39	31.29	31.74	32.17	26.13	32.29	32.04(-1.42%)	UD	OpenLong	75	-0.2	494	1080	547	333	0	61%	0.13	75.1	1.1%	0	1.2	72	0
14	Oct_25_2016	30.35	31.22	31.62	32.18	26.17	20.25	32.5(1.21%)	UT	HoldLong	65	0.5	47	-2140	21	126	0	64%	0.13	83.7	1.09%	0	2	80	0
15	Oct_24_2016	30.31	31.1	31.47	32.02	26.05	20.06	32.11(0%)	DP	OpenShort	-65	0.1	-573	-2170	-706	-174	0	62%	0.17	89.1	1.08%	0	1.7	77	0

16	Oct_21_2016	30.26	31	31.36	31.76	31.93	32.1	32.11(0%)	UT	HoldLong	50	0.6	181	50	187	163	0	62%	0.17	86.1	1.08%	0	1.9	77	0
17	Oct_20_2016	30.21	30.91	31.22	31.5	25.84	32.04	32.11(0.19%)	UT	HoldLong	65	1.2	184	1140	196	147	0	62%	0.17	89.3	1.09%	0	2.3	83	0
18	Oct_19_2016	30.16	30.82	31.09	31.24	19.74	31.77	32.05(1.07%)	UT	OpenLong	75	1.5	639	3160	738	343	0	62%	0.13	84.3	1.09%	0	2.3	73	0
19	Oct_18_2016	30.12	30.69	30.96	30.99	13.67	19.64	31.71(2.92%)	UT	OpenLong	75	1.4	484	1380	561	252	0	68%	0.07	66.3	1.09%	0	2	70	0
20	Oct_17_2016	30.1	30.58	30.87	30.86	13.48	19.64	30.81(0%)	DT	HoldShort	-50	-0.1	-126	-4690	-156	-37	0	64%	0.1	51.8	1.15%	0	0.5	67	0

21	Oct_14_2016	30.07	30.51	30.88	30.92	19.32	7.7	30.81(0%)	DT	HoldShort	-50	-0.2	-545	-5340	-654	-219	0	64%	0.13	43.5	1.15%	0	0.6	67	0
22	Oct_13_2016	30.03	30.45	30.84	30.92	25.15	19.26	30.81(0%)	DT	HoldShort	-50	-0.2	-547	-2200	-657	-218	0	64%	0.13	25.3	1.15%	0	0.6	67	0
23	Oct_12_2016	29.99	30.38	30.82	30.9	25.15	30.93	30.81(-0.77%)	UD	OpenLong	65	-0.2	8	10	-5	47	0	64%	0.1	9.4	1.15%	0	0.7	58	0
24	Oct_11_2016	29.96	30.35	30.8	30.91	30.9	31.04	31.05(-0.16%)	UD	OpenLong	75	0.2	154	30	161	134	0	68%	0.1	3.7	1.15%	0	1.2	77	0
25	Oct_10_2016	29.93	30.32	30.72	30.88	25.07	30.87	31.1(1.24%)	UT	HoldLong	65	0.4	147	1060	151	135	0	68%		-4.5	1.21%	0	1.4	78	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.