Trading Signals: MJ Stock Price Prediction and Forecast

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

Wed. Jul. 26, 2017

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

(ETFMG Alternative Harvest ETF)
MJ latest price $31.3300 (0.8%) ($30.6100 - $31.3300) on Wed. Jul. 26, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.24% (three month average)
RSI   78
Latest Price   $31.3300(0.8%)
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 2.6% 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(44%)    IVE(35%)    IWD(35%)    PAVE(34%)    VT(34%)
Factors Impacting MJ price   MJ will decline at least -0.62% in a week (0% probabilities).
UUP(-15%)    VIXM(-14%)    TLT(-14%)    SHY(-3%)    IGOV(-0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.62% (StdDev 1.24%)
Hourly BBV 0 ()
Intraday Trend 2.2%

5 Day Moving Average   $31.24(0.29%)
10 Day Moving Average   $31.06(0.87%)
20 Day Moving Average   $30.37(3.16%)
To recent high   0%
To recent low   8.9%
Market Cap   $N/A

$. MJ price fluctuates within 2.57% (three month std-dev: 1.24%) daily (68% of days).

Sample size 16 Average positive next day return: 1.37%(44%) Average negative next day return: -1.15%(56%) Sample size 16 Average positive next three day return: 1.74%(63%) Average negative next three day return: -1.6%(38%) Sample size 16 Average positive next weekly return: 3.54%(50%) Average negative next weekly return: -1.51%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170826

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_26_2017	29.47	30.37	31.06	31.24	25.29	31.07	31.33(0.8%)	UT	HoldLong	50	0.1	28	1030	-4	122	0	57%	0.1	60.7	1.24%	0	1.2	78	0
2	Jul_25_2017	29.44	30.29	30.97	31.2	25.36	31.18	31.08(-0.54%)	UD	OpenLong	75	-0.2	545	1040	602	374	0	57%	0.1	62.1	1.26%	0	1.1	76	0
3	Jul_24_2017	29.41	30.22	30.84	31.21	19.51	19.5	31.25(-0.06%)	UD	OpenLong	75	0.1	35	-1130	0	140	0	60%	0.14	61.6	1.26%	0	1.4	80	0
4	Jul_21_2017	29.37	30.11	30.67	31.18	19.5	19.54	31.27(0%)	N/A	N/A	0	0.1	-76	-1110	-130	86	0	60%	0.1	58.2	1.27%	0	1.6	76	0
5	Jul_20_2017	29.34	30.01	30.46	31.04	25.32	19.53	31.27(0.48%)	UT	HoldLong	65	0.3	45	-2150	17	129	0	60%	0.14	52.6	1.27%	0	1.8	76	0

6	Jul_19_2017	29.3	29.91	30.28	30.84	25.15	19.47	31.12(0%)	DP	OpenShort	-65	0.4	-470	-2130	-584	-128	0	60%	0.14	46.4	1.27%	0	1.9	75	0
7	Jul_18_2017	29.26	29.83	30.12	30.7	30.76	31.12	31.12(0%)	UT	HoldLong	50	0.7	50	90	31	105	0	60%	0.1	44	1.28%	0	2.3	75	0
8	Jul_17_2017	29.23	29.77	29.95	30.41	30.54	30.84	31.12(1.73%)	UT	OpenLong	75	1.5	52	80	42	83	0	62%	0.1	37.9	1.28%	0	2.8	75	0
9	Jul_14_2017	29.2	29.7	29.79	30.08	30.23	30.4	30.59(1.09%)	UT	OpenLong	75	1.4	36	50	29	56	0	60%	0.1	27.2	1.28%	0	2.4	75	0
10	Jul_13_2017	29.17	29.65	29.69	29.79	29.91	30.23	30.26(-0.43%)	UD	OpenLong	75	1.5	24	90	21	33	0	60%	0.07	5.7	1.28%	0	2	72	0

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		36.5	1.27%	0	-1.6	49	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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