Trading Signals: MJ Stock Price Prediction and Forecast

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

Fri. Jan. 27, 2017

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

(ETFMG Alternative Harvest ETF)
MJ latest price $25.8800 (0.5%) ($25.8600 - $26.0200) on Fri. Jan. 27, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2% (three month average)
RSI   63
Latest Price   $25.8800(0.5%)
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 2.1% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Value stock sell-off 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 -1% 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   -1% (StdDev 2%)
Hourly BBV 0 ()
Intraday Trend -0.3%

5 Day Moving Average   $25.86(0.08%)
10 Day Moving Average   $25.46(1.65%)
20 Day Moving Average   $25.11(3.07%)
To recent high   -18.8%
To recent low   6.9%
Market Cap   $N/A

$. MJ price fluctuates within 1.99% (three month std-dev: 2%) 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

> 20170227

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_27_2017	28.51	25.11	25.46	25.86	25.85		25.88(0.5%)	UT	OpenLong	75	0	22	0	7	65	0	24%	-0.21	-31.2	2%	0	1.5	63	0
2	Jan_26_2017	28.57	25.05	25.37	25.72	25.76	25.86	25.75(-1.23%)	UD	OpenLong	75	0.1	23	30	11	60	0	23%	-0.21	-62.5	2%	0	1.5	62	0
3	Jan_25_2017	28.63	25.11	25.26	25.51	25.59	25.85	26.07(1.05%)	UT	OpenLong	75	1.2	26	80	19	48	0	25%	-0.17	-78.1	2%	0	2.1	70	0
4	Jan_24_2017	28.68	25.15	25.12	25.27	25.27	25.66	25.8(0.08%)	UT	OpenLong	75	0.8	20	110	16	33	0	25%	-0.1	-66.7	2%	0	1	70	0
5	Jan_23_2017	28.71	25.21	25.03	25.15	25.06	25.33	25.78(2.38%)	UT	OpenLong	75	1	22	60	18	35	0.01	25%	-0.21	-79.1	2%	0	0.9	74	0

6	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	0
7	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	0
8	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	0
9	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	0
10	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	0

11	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	0
12	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	0
13	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	0
14	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	0
15	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	0

16	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	0
17	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	0
18	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	0
19	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	0
20	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	0

21	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	0
22	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	0
23	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	0
24	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	0
25	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%		-19	1.65%	0	-0.9	60	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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