Trading Signals: MJ Stock Price Prediction and Forecast

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

Mon. Apr. 17, 2017

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

(ETFMG Alternative Harvest ETF)
MJ latest price $29.5600 (1.76%) ($28.7100 - $29.7400) on Mon. Apr. 17, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.07% (three month average)
RSI   78
Latest Price   $29.5600(1.76%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   MJ advances 0.3% a day on average for past five trading days.
Weekly Trend   MJ advances 1.4% 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%)    PAVE(34%)    VT(34%)
Factors Impacting MJ price   MJ will decline at least -0.535% in a week (0% probabilities).
UUP(-15%)    VIXM(-13%)    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   -0.535% (StdDev 1.07%)
Hourly BBV 0 ()
Intraday Trend 3%

5 Day Moving Average   $29.26(1.03%)
10 Day Moving Average   $29.19(1.27%)
20 Day Moving Average   $28.74(2.85%)
To recent high   0%
To recent low   19.6%
Market Cap   $N/A

$. MJ price fluctuates within 1.88% (three month std-dev: 1.07%) daily (68% of days).

Sample size 7 Average positive next day return: 0.96%(86%) Average negative next day return: -0.48%(14%) Sample size 7 Average positive next three day return: 0.9%(71%) Average negative next three day return: -0.8%(29%) Sample size 7 Average positive next weekly return: 2.25%(43%) Average negative next weekly return: -0.66%(57%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170517

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	Apr_17_2017	27.22	28.74	29.19	29.26	29.2	29.12	29.56(1.76%)	UT	HoldLong	65	0.6	23	-30	3	81	0	75%	0.07	53.7	1.07%	0	1.5	78	INF
2	Apr_13_2017	27.2	28.68	29.1	29.18	29.22	29.16	29.05(-0.17%)	UD	OpenLong	75	-0.3	147	-10	147	148	0	72%	0.07	58.6	1.06%	0	0.7	81	INF
3	Apr_12_2017	27.18	28.65	29.05	29.2	23.78	29.16	29.1(-0.85%)	UD	OpenLong	75	-0.2	27	1070	-0	107	0.01	72%	0.07	73.1	1.06%	0	0.9	82	INF
4	Apr_11_2017	27.16	28.6	28.97	29.22	23.75	29.29	29.35(0.34%)	UT	HoldLong	65	0.3	477	1070	525	332	0	72%	0.04	75.3	1.06%	0	1.4	90	INF
5	Apr_10_2017	27.15	28.52	28.88	29.15	23.74	18.27	29.25(0.34%)	UT	OpenLong	75	0.2	35	-2170	7	119	0	72%	0.07	72	1.07%	0	1.5	66	INF

6	Apr_7_2017	27.13	28.45	28.78	29.1	23.67	18.22	29.15(0%)	DP	OpenShort	-65	0.1	-534	-2170	-660	-157	0	72%	0.07	72.7	1.07%	0	1.4	56	INF
7	Apr_6_2017	27.11	28.39	28.65	29	29.1	29.22	29.15(-0.24%)	UD	OpenLong	75	0.3	36	40	17	92	0	72%	0.04	63.1	1.08%	0	1.4	61	INF
8	Apr_5_2017	27.1	28.29	28.51	28.87	28.97	29.12	29.22(0.76%)	UT	OpenLong	75	0.7	36	50	24	70	0	72%	0.04	52.5	1.08%	0	1.9	60	INF
9	Apr_4_2017	27.09	28.22	28.36	28.68	28.77	28.98	29(0%)	UT	HoldLong	50	0.7	26	60	21	41	0	72%	0.07	47.2	1.08%	0	1.7	61	INF
10	Apr_3_2017	27.07	28.17	28.29	28.55	28.59	28.81	29(1.26%)	UT	OpenLong	75	1	28	60	24	39	0	72%	0.07	47.7	1.08%	0	1.9	67	INF

11	Mar_31_2017	27.05	28.1	28.24	28.41	28.44	28.57	28.64(0.49%)	UT	OpenLong	75	0.6	26	40	22	38	0	70%	0	44.4	1.09%	0	1.4	63	INF
12	Mar_30_2017	27.05	28.06	28.21	28.24	28.35	28.38	28.5(0.88%)	UT	OpenLong	75	0.7	142	20	161	84	0	70%	-0.07	30.5	1.09%	0	1.2	60	INF
13	Mar_29_2017	27.07	28.02	28.21	28.09	22.96	28.31	28.25(-0.46%)	UD	OpenLong	75	0.5	134	1080	149	87	0	70%	-0.11	18.4	1.11%	0	0.7	68	INF
14	Mar_28_2017	27.1	28.01	28.2	27.99	17.64	28.33	28.38(0.28%)	UT	OpenLong	75	1.1	420	3130	487	218	0	45%	-0.11	10.1	1.11%	0	1	55	INF
15	Mar_27_2017	27.13	27.96	28.14	27.98	17.53	17.61	28.3(1.95%)	UT	OpenLong	75	0.9	274	-1090	319	139	0	45%	-0.07	3.2	1.65%	0	1	52	INF

16	Mar_24_2017	27.15	27.93	28.09	28.06	17.55	6.94	27.76(0%)	DT	HoldShort	-50	-0.9	-359	-5360	-428	-152	0	40%	-0.11	13.9	1.63%	0	-0.5	52	INF
17	Mar_23_2017	27.18	27.95	28.11	28.19	22.98	17.45	27.76(0%)	DT	HoldShort	-50	-1.3	-358	-2240	-430	-142	0	40%	-0.07	30.3	1.64%	0	-0.6	51	INF
18	Mar_22_2017	27.2	27.96	28.06	28.33	28.33	28.16	27.76(-2.01%)	N/A	N/A	0	-1.7	-7	-40	-17	25	0	40%	-0.15	45.9	1.64%	0	-0.6	49	INF
19	Mar_21_2017	27.24	27.97	28.08	28.42	28.45	28.16	28.33(-1.22%)	UD	OpenLong	75	-0.3	16	20	7	42	0	44%	-0.15	59	1.62%	0	1.1	55	INF
20	Mar_20_2017	27.28	27.95	28.05	28.31	28.35	28.51	28.68(0.99%)	UT	OpenLong	75	1.1	23	40	15	45	0	44%	-0.11	58.2	1.61%	0	2.1	65	INF

21	Mar_17_2017	27.31	27.89	27.95	28.14	28.12	28.4	28.4(-0.25%)	UD	OpenLong	75	0.8	18	70	13	32	0.01	44%	-0.15	48.6	1.6%	0	1.6	58	INF
22	Mar_16_2017	27.35	27.84	27.88	28.04	27.99	28.2	28.47(0.89%)	UT	OpenLong	75	1.4	27	50	26	28	0	40%	-0.15	48.1	1.61%	0	2.1	55	INF
23	Mar_15_2017	27.39	27.8	27.82	27.76	27.85	27.84	28.22(1.66%)	N/A	N/A	0	1.8	6	10	8	-1	0	40%	-0.15	40.4	1.64%	0	1.6	52	INF
24	Mar_14_2017	27.43	27.77	27.78	27.7	27.63	27.79	27.76(-0.25%)	DT	OpenShort	-75	0.3	-8	30	-6	-12	0	35%	-0.18	51.2	1.62%	0	-0	48	INF
25	Mar_13_2017	27.48	27.76	27.76	27.76	27.68	27.86	27.83(-0.25%)	N/A	N/A	0	0.3	8	40	13	-7	0	35%		67.8	1.62%	0	0.3	46	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

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