Trading Signals: MJ Stock Price Prediction and Forecast

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Fri. Apr. 28, 2017

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

(ETFMG Alternative Harvest ETF)
MJ latest price $29.2500 (0%) ($29.2500 - $29.2800) on Fri. Apr. 28, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.02% (three month average)
RSI   53
Latest Price   $29.2500(0%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   MJ advances 0.1% a day on average for past five trading days.
Weekly Trend   MJ advances 0.4% a week on average for past two weeks.
Market Behavior   Value stocks 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(43%)    IVE(35%)    IWD(35%)    PAVE(34%)    VT(34%)
Factors Impacting MJ price   MJ will decline at least -0.51% in a week (0% probabilities).
UUP(-15%)    VIXM(-13%)    TLT(-13%)    SHY(-2%)    IGOV(0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.51% (StdDev 1.02%)
Hourly BBV 0 ()
Intraday Trend -0.1%

5 Day Moving Average   $29.41(-0.54%)
10 Day Moving Average   $29.39(-0.48%)
20 Day Moving Average   $29.25(0%)
To recent high   -1.5%
To recent low   13.1%
Market Cap   $N/A

$. MJ price fluctuates within 0.82% (three month std-dev: 1.02%) 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

> 20170528

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_28_2017	27.4	29.25	29.39	29.41	29.33	29.27	29.25(0%)	UD	OpenLong	65	-0.7	6	-20	-0	22	0	68%	0.04	117.1	1.02%	0	0	53	0
2	Apr_27_2017	27.39	29.22	29.37	29.41	29.46	29.24	29.25(0%)	N/A	N/A	0	-0.4	-1	-40	-6	15	0	68%	0.07	107.1	1.03%	0	0.1	53	0
3	Apr_26_2017	27.37	29.17	29.36	29.38	29.42	29.39	29.25(-1.52%)	CR	SmallShort	-20	-0.4	-9	-0	-15	9	0	68%	0.07	92.7	1.03%	0	0.2	51	0
4	Apr_25_2017	27.35	29.13	29.37	29.4	29.43	29.67	29.7(0.3%)	UT	OpenLong	75	0.8	17	60	13	30	0	74%	0.11	88.8	1.02%	0	1.5	65	0
5	Apr_24_2017	27.32	29.06	29.32	29.38	29.4	29.46	29.61(1.72%)	UT	OpenLong	75	0.6	20	20	15	33	0	74%	0.07	79.4	1.03%	0	1.3	64	0

6	Apr_21_2017	27.3	28.97	29.32	29.37	29.37	29.18	29.11(-0.41%)	UD	OpenLong	65	-0.6	3	-50	-7	32	0	75%	0.11	63.6	1.04%	0	0.3	64	0
7	Apr_20_2017	27.27	28.91	29.32	29.36	29.38	29.34	29.23(-0.41%)	UD	OpenLong	65	-0.2	6	-10	-7	43	0	75%	0.04	49.2	1.04%	0	0.6	69	0
8	Apr_19_2017	27.26	28.84	29.28	29.36	29.33	29.55	29.35(-0.81%)	UD	OpenLong	75	0	21	50	7	64	0	75%	0.07	41.3	1.06%	0	0.9	76	0
9	Apr_18_2017	27.24	28.79	29.25	29.33	29.29	29.42	29.59(0.1%)	UT	HoldLong	65	0.4	36	30	21	82	0	75%	0.07	46.3	1.06%	0	1.4	78	0
10	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	0

11	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	0
12	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	0
13	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	0
14	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	0
15	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	0

16	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	0
17	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	0
18	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	0
19	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	0
20	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	0

21	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	0
22	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	0
23	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	0
24	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	0
25	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%		13.9	1.63%	0	-0.5	52	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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