Trading Signals: MJ Stock Price Prediction and Forecast

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

Wed. Jul. 12, 2017

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

(ETFMG Alternative Harvest ETF)
MJ latest price $30.3900 (2.43%) ($30.1200 - $30.3900) on Wed. Jul. 12, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.28% (three month average)
RSI   74
Latest Price   $30.3900(2.43%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   MJ advances 0.6% 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   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 -0.64% 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   -0.64% (StdDev 1.28%)
Hourly BBV 0 ()
Intraday Trend 0.9%

5 Day Moving Average   $29.64(2.53%)
10 Day Moving Average   $29.62(2.6%)
20 Day Moving Average   $29.62(2.6%)
To recent high   -2.3%
To recent low   5.6%
Market Cap   $N/A

$. MJ price fluctuates within 0.95% (three month std-dev: 1.28%) 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

> 20170812

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	Jul_12_2017	29.15	29.62	29.62	29.64	29.64	30.06	30.39(2.43%)	UT	OpenLong	75	2.7	141	100	161	82	0	60%	0.1	-8.4	1.28%	0	2.8	74	0
2	Jul_11_2017	29.12	29.58	29.62	29.47	23.93	29.6	29.67(0.58%)	UT	OpenLong	75	0.9	130	1090	152	63	0	56%	0	-32.4	1.25%	0	0.4	48	0
3	Jul_10_2017	29.12	29.59	29.54	29.44	18.3	29.23	29.5(1.27%)	UT	OpenLong	75	0.3	369	3050	436	168	0	56%	0.07	-28.4	1.25%	0	-0.4	36	0
4	Jul_7_2017	29.1	29.6	29.52	29.47	18.35	18.26	29.13(-1.32%)	UD	OpenLong	75	-1.5	363	-1170	431	158	0	54%	0.07	-15.4	1.24%	0	-2	25	0
5	Jul_6_2017	29.08	29.63	29.53	29.57	18.35	7.38	29.52(0%)	DT	HoldShort	-50	-0.3	-387	-5330	-452	-193	0	57%	0.07	3	1.23%	0	-0.5	45	0

6	Jul_5_2017	29.06	29.64	29.51	29.6	18.45	18.45	29.52(0%)	DT	HoldShort	-50	-0.4	-387	-1130	-451	-196	0	57%	0.1	16.4	1.23%	0	-0.6	45	0
7	Jul_3_2017	29.03	29.64	29.53	29.62	18.46	29.51	29.52(-0.4%)	UD	OpenLong	75	-0.5	495	3060	587	220	0	59%	0.1	29.9	1.22%	0	-0.6	43	0
8	Jun_30_2017	29	29.65	29.57	29.65	12.94	18.46	29.64(-0.03%)	UD	OpenLong	75	-0	386	1300	457	173	0	59%	0.07	25.4	1.22%	0	-0	45	0
9	Jun_29_2017	28.98	29.64	29.6	29.57	12.97	18.46	29.65(0%)	DP	OpenShort	-65	0.4	-112	-4680	-128	-65	0	59%	0.1	12.7	1.23%	0	0	45	0
10	Jun_28_2017	28.95	29.63	29.6	29.49	18.41	7.41	29.65(0%)	DP	OpenShort	-65	0.7	-499	-5310	-580	-254	0	59%	0.1	-5.4	1.23%	0	0.1	46	0

11	Jun_27_2017	28.92	29.61	29.61	29.42	23.81	18.53	29.65(0%)	DP	OpenShort	-65	1	-497	-2120	-576	-260	0	62%	0.1	-7.7	1.23%	0	0.2	46	0
12	Jun_26_2017	28.89	29.61	29.62	29.43	29.28	29.4	29.65(1.33%)	N/A	N/A	0	0.9	1	10	9	-24	0	62%	0.07	-1.2	1.25%	0	0.2	49	0
13	Jun_23_2017	28.87	29.59	29.63	29.5	29.29	29.08	29.26(0.03%)	DP	OpenShort	-75	-1	-18	-70	-16	-23	0.01	60%	0.1	11.1	1.24%	0	-1.4	49	0
14	Jun_22_2017	28.84	29.61	29.69	29.65	29.5	29.15	29.25(-0.14%)	DT	OpenShort	-75	-1.7	-21	-100	-25	-8	0	56%	0.1	44.9	1.24%	0	-1.6	51	0
15	Jun_21_2017	28.81	29.64	29.74	29.74	29.75	29.49	29.29(-1.35%)	UD	OpenLong	75	-2	98	-60	111	60	0	56%	0.14	36.5	1.27%	0	-1.6	49	0

16	Jun_20_2017	28.77	29.63	29.74	29.82	24.28	29.85	29.69(-1.07%)	UD	OpenLong	65	-0.5	1	1050	-7	26	0	58%	0.14	4.9	1.27%	0	0.3	68	0
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		-9.1	1.39%	0	-0	39	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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