Trading Signals: MJ Stock Price Prediction and Forecast

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

Mon. Jun. 19, 2017

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

(ETFMG Alternative Harvest ETF)
MJ latest price $30.0100 (0.03%) ($30.0100 - $30.0100) on Mon. Jun. 19, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.26% (three month average)
RSI   86
Latest Price   $30.0100(0.03%)
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(44%)    IVE(35%)    IWD(35%)    PAVE(34%)    VT(34%)
Factors Impacting MJ price   MJ will decline at least -0.63% in a week (0% probabilities).
UUP(-15%)    VIXM(-14%)    TLT(-14%)    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   -0.63% (StdDev 1.26%)
Hourly BBV 0 ()
Intraday Trend 0%

5 Day Moving Average   $29.84(0.57%)
10 Day Moving Average   $29.79(0.74%)
20 Day Moving Average   $29.6(1.39%)
To recent high   -3.5%
To recent low   8.1%
Market Cap   $N/A

$. MJ price fluctuates within 0.95% (three month std-dev: 1.26%) 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

> 20170719

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	Jun_19_2017	28.73	29.6	29.79	29.84	24.27	30.01	30.01(0.03%)	UT	HoldLong	65	0.6	507	1100	585	272	0	58%	0.14	-26.3	1.26%	0	1.5	86	0
2	Jun_16_2017	28.69	29.57	29.73	29.79	18.63	18.71	30(1.01%)	UT	OpenLong	75	0.8	130	-1090	144	88	0	58%	0.14	-55.7	1.26%	0	1.7	59	0
3	Jun_15_2017	28.65	29.51	29.67	29.74	12.99	18.53	29.7(0%)	DT	HoldShort	-50	-0.1	-107	1300	-133	-29	0	61%	0.14	-81.6	1.26%	0	0.7	58	0
4	Jun_14_2017	28.61	29.56	29.65	29.75	18.54	18.54	29.7(-0.24%)	UD	OpenLong	75	-0.1	484	-1130	563	245	0	61%	0.14	-52.1	1.28%	0	0.3	46	0
5	Jun_13_2017	28.57	29.62	29.61	29.76	12.99	7.44	29.77(0%)	DP	OpenShort	-65	0	-472	-4680	-563	-199	0	61%	0.14	-31.9	1.28%	0	0.3	67	0

6	Jun_12_2017	28.53	29.67	29.56	29.74	18.56	7.44	29.77(0%)	DP	OpenShort	-65	0	-101	-1130	-127	-22	0	61%	0.18	-19.4	1.28%	0	0.2	67	0
7	Jun_9_2017	28.48	29.71	29.55	29.67	24.12	18.55	29.77(0.07%)	UT	OpenLong	75	0.2	10	-2180	4	27	0.01	59%	0.18	-13.7	1.33%	0	0.1	55	0
8	Jun_8_2017	28.43	29.75	29.55	29.59	24.08	18.58	29.75(0%)	DP	OpenShort	-65	0.2	-433	-2160	-518	-179	0	59%	0.18	-10.5	1.38%	0	0	65	0
9	Jun_7_2017	28.38	29.78	29.52	29.52	29.56	29.69	29.75(0.24%)	UT	OpenLong	75	0.3	11	30	10	13	0	59%	0.14	-9.1	1.39%	0	-0	39	0
10	Jun_6_2017	28.34	29.78	29.45	29.44	29.48	29.57	29.68(0.95%)	N/A	N/A	0	0.3	3	30	11	-21	0	59%	0.07	-12.9	1.39%	0	-0.2	37	0

11	Jun_5_2017	28.32	29.79	29.45	29.36	29.39	29.44	29.4(0.14%)	DP	OpenShort	-75	0.1	-16	10	-1	-59	0	59%	0.14	-15.5	1.39%	0	-0.6	36	0
12	Jun_2_2017	28.28	29.8	29.38	29.41	29.4	29.39	29.36(-0.24%)	DT	OpenShort	-75	-0.1	-20	-0	-2	-72	0	59%	0.18	-11.6	1.39%	0	-0.6	38	0
13	Jun_1_2017	28.23	29.82	29.33	29.44	29.48	29.35	29.43(0.41%)	DP	OpenShort	-75	-0	-29	-30	-7	-96	0	59%	0.18	-8.3	1.39%	0	-0.6	41	0
14	May_31_2017	28.18	29.84	29.46	29.51	29.56	29.4	29.31(0.07%)	DP	OpenShort	-75	-0.3	-26	-30	-6	-85	0	59%	0.14	-1.3	1.42%	0	-0.8	41	0
15	May_30_2017	28.14	29.88	29.62	29.45	29.59	29.62	29.29(-1.31%)	DT	HoldShort	-50	-0.2	-18	20	1	-76	0	59%	0.29	-1.3	1.42%	0	-0.9	45	0

16	May_26_2017	28.06	29.9	29.78	29.4	29.47	29.72	29.68(0.61%)	DP	OpenShort	-65	0.4	-6	70	12	-61	0	59%	0.18	-4.5	1.4%	0	-0.3	53	0
17	May_25_2017	28.01	29.88	29.88	29.35	29.28	29.56	29.5(-0.97%)	N/A	N/A	0	0.2	4	60	21	-47	0	59%	0.18	-5.4	1.41%	0	-0.6	52	0
18	May_24_2017	27.96	29.87	29.98	29.2	29.19	29.22	29.79(2.69%)	DP	OpenShort	-65	0.9	-11	10	3	-54	0	59%	0.18	-11.4	1.42%	0	-0.1	53	0
19	May_23_2017	27.91	29.85	30.05	29.42	28.93	28.99	29.01(0%)	DT	HoldShort	-50	-0.6	-38	-40	-35	-47	0	56%	0.04	-3.1	1.38%	0	-1.2	44	0
20	May_22_2017	27.9	29.89	30.17	29.84	29.35	29.15	29.01(-1.46%)	DT	OpenShort	-75	-1.3	-17	-100	-20	-8	0	56%	0.18	14.9	1.38%	0	-1.3	42	0

21	May_19_2017	27.85	29.93	30.24	30.23	29.88	28.87	29.44(2.33%)	N/A	N/A	0	-1.2	-31	-270	-46	14	0	61%	0.18	33.2	1.39%	0	-0.8	52	0
22	May_18_2017	27.8	29.92	30.27	30.49	30.31	29.56	28.77(-6.8%)	N/A	N/A	0	-2.6	-52	-190	-78	28	0.01	59%	0.14	44.3	1.37%	0	-1.7	50	0
23	May_17_2017	27.76	29.95	30.38	30.84	30.88	30.89	30.87(-0.71%)	UD	OpenLong	65	0	29	10	-2	121	0	74%	0.14	64.7	1.06%	0	1.5	76	0
24	May_16_2017	27.72	29.87	30.28	30.76	30.85	31.06	31.09(0.36%)	UT	HoldLong	65	0.6	54	60	26	137	0	74%	0.14	64.6	1.06%	0	2.1	81	0
25	May_15_2017	27.68	29.79	30.17	30.55	30.68	30.88	30.98(0.85%)	UT	OpenLong	75	0.8	59	60	36	129	0	74%		65.7	1.06%	0	2.3	67	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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