Trading Signals: MJ Stock Price Prediction and Forecast

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

Fri. Jan. 20, 2017

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

(ETFMG Alternative Harvest ETF)
MJ latest price $25.1800 (1.9%) ($24.9800 - $25.2000) on Fri. Jan. 20, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.97% (three month average)
RSI   62
Latest Price   $25.1800(1.9%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   MJ advances 0.2% a day on average for past five trading days.
Weekly Trend   MJ advances 0.8% a week on average for past two weeks.
Market Behavior   Broad based 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(43%)    IVE(35%)    IWD(35%)    VT(34%)    VYM(34%)
Factors Impacting MJ price   MJ will decline at least -0.985% in a week (0% probabilities).
UUP(-15%)    VIXM(-14%)    TLT(-13%)    SHY(-2%)    IPO(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.985% (StdDev 1.97%)
Hourly BBV 0 ()
Intraday Trend 0.8%

Resistance Level   $25.27
5 Day Moving Average   $25.02(0.64%)
10 Day Moving Average   $24.94(0.96%)
20 Day Moving Average   $25.27(-0.36%)
To recent high   -22.5%
To recent low   4%
Market Cap   $N/A

$. MJ price fluctuates within 3.21% (three month std-dev: 1.97%) 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

> 20170220

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	Jan_20_2017	28.77	25.27	24.94	25.02	24.98	24.88	25.18(1.9%)	UT	OpenLong	75	0.2	10	-30	4	27	0	21%	-0.17	-72.3	1.97%	0	-0.1	62	INF
2	Jan_19_2017	28.82	25.36	24.91	24.98	24.97	24.8	24.71(-0.76%)	N/A	N/A	0	-0.3	0	-50	-7	23	0	21%	-0.24	-67.7	1.95%	0	-0.7	51	INF
3	Jan_18_2017	28.89	25.47	24.92	24.96	25	25.08	24.9(-1.19%)	N/A	N/A	0	-0.1	0	30	1	-3	0	26%	-0.21	-66.9	1.96%	0	-0.5	27	INF
4	Jan_17_2017	28.95	25.59	24.9	24.93	24.91	25.15	25.2(0.4%)	N/A	N/A	0	0.2	0	70	10	-30	0	26%	-0.31	-66.4	2%	0	-0.4	28	INF
5	Jan_13_2017	29.04	25.73	24.8	24.88	24.79	24.92	25.1(0.36%)	N/A	N/A	0	0.2	49	30	78	-39	0	26%	-0.21	-61.6	1.98%	0	-0.5	26	INF

6	Jan_12_2017	29.1	25.87	24.74	24.86	20.08	24.67	25.01(1.71%)	DP	OpenShort	-75	0.1	-26	1020	0	-102	0	26%	-0.21	-56.9	1.98%	0	-0.7	26	INF
7	Jan_11_2017	29.16	26.02	24.71	24.84	20.14	24.66	24.59(-0.61%)	N/A	N/A	0	-0.2	164	1000	231	-39	0	26%	-0.24	-52.4	1.96%	0	-1	22	INF
8	Jan_10_2017	29.23	26.19	24.95	24.88	20.24	15.49	24.74(-0.96%)	DT	HoldShort	-65	-0.1	-35	-2200	-3	-131	0	28%	-0.24	-48.4	1.96%	0	-1	22	INF
9	Jan_9_2017	29.3	26.35	25.18	24.86	20.27	15.62	24.98(0%)	DP	OpenShort	-65	0.1	-290	-2160	-301	-255	0	28%	-0.2	-45.8	1.97%	0	-1	22	INF
10	Jan_6_2017	29.36	26.5	25.39	24.7	24.85	24.99	24.98(0.2%)	DP	OpenShort	-65	0.2	-31	60	9	-150	0	28%	-0.24	-45.9	1.97%	0	-1	19	INF

11	Jan_5_2017	29.43	26.64	25.6	24.6	24.68	24.91	24.93(0.65%)	DP	OpenShort	-65	0.2	-36	70	8	-167	0	28%	-0.24	-48.4	1.97%	0	-1.2	18	INF
12	Jan_4_2017	29.5	26.77	25.81	24.56	24.59	24.71	24.77(0.61%)	DP	OpenShort	-75	0.2	-57	40	-13	-189	0	28%	-0.24	-51.6	1.97%	0	-1.4	15	INF
13	Jan_3_2017	29.57	26.9	26.06	25.05	24.56	24.46	24.62(1.74%)	DT	HoldShort	-50	-0.3	-2	-90	47	-147	0	30%	-0.34	-46.6	1.96%	0	-1.7	13	INF
14	Dec_30_2016	29.67	27.03	26.34	25.58	20.12	24.47	24.2(-1.1%)	DT	HoldShort	-50	-1.2	-3	870	38	-127	0.01	30%	-0.27	-43.1	1.96%	0	-2.4	6	INF
15	Dec_29_2016	29.75	27.18	26.74	26.19	15.74	24.66	24.47(-1.01%)	N/A	N/A	0	-1.8	140	2770	196	-27	0.01	30%	-0.27	-38.2	1.96%	0	-2.8	9	INF

16	Dec_28_2016	29.83	27.36	27.12	26.74	16.37	15.77	24.72(-9.32%)	UD	OpenLong	75	-2.8	153	-1420	201	10	0	32%	-0.27	-29.2	1.96%	0	-3.6	14	INF
17	Dec_27_2016	29.91	27.51	27.47	27.22	17	6.82	27.26(0%)	DP	OpenShort	-65	0.1	-359	-5320	-410	-206	0	40%	-0.2	-22.8	1.61%	0	-0.6	53	INF
18	Dec_23_2016	29.97	27.52	27.55	27.2	22.11	16.98	27.26(0%)	DP	OpenShort	-65	0.2	-365	-2190	-419	-201	0	40%	-0.13	-24.6	1.59%	0	-0.7	55	INF
19	Dec_22_2016	30.01	27.54	27.63	27.23	27.22	27.18	27.26(0.18%)	DP	OpenShort	-75	0.1	-14	-10	-11	-23	0	44%	-0.13	-24.6	1.6%	0	-0.7	61	INF
20	Dec_21_2016	30.05	27.55	27.7	27.4	27.29	27.24	27.21(0.44%)	UT	OpenLong	75	-0.5	73	-20	84	39	0	44%	-0.13	-19	1.65%	0	-0.9	60	INF

21	Dec_20_2016	30.09	27.57	27.76	27.57	22.25	27.26	27.09(-0.37%)	UD	OpenLong	75	-1.3	74	1000	81	51	0	44%	-0.13	-12.3	1.65%	0	-1.3	41	INF
22	Dec_19_2016	30.13	27.6	27.79	27.77	17.19	27.35	27.19(-0.84%)	UD	OpenLong	75	-1.6	340	2990	391	188	0	44%	-0.13	7.7	1.65%	0	-1.1	47	INF
23	Dec_16_2016	30.17	27.62	27.8	27.95	12.13	17.23	27.42(-2.35%)	UD	OpenLong	75	-1.5	267	1250	301	163	0	44%	-0.1	26	1.65%	0	-0.6	51	INF
24	Dec_15_2016	30.2	27.64	27.77	28.07	12.29	17.23	28.08(0%)	N/A	N/A	0	0	-69	-4690	-95	8	0	43%	-0.1	27.6	1.63%	0	1.3	61	INF
25	Dec_14_2016	30.23	27.63	27.66	28.04	17.53	7.02	28.08(0%)	DP	OpenShort	-65	0.1	-334	-5320	-403	-125	0	43%		-6.3	1.68%	0	1.3	61	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

Click to see actual return for next trading day.