Trading Signals: MJ Stock Price Prediction and Forecast

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

Thu. Aug. 3, 2017

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

(ETFMG Alternative Harvest ETF)
MJ latest price $31.1700 (0.13%) ($31.1700 - $31.1700) on Thu. Aug. 3, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.21% (three month average)
RSI   75
Latest Price   $31.1700(0.13%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   MJ declines -0.1% a day on average for past five trading days.
Weekly Trend   MJ advances 0.3% 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 -0.605% in a week (0% probabilities).
UUP(-15%)    VIXM(-14%)    TLT(-14%)    SHY(-3%)    IGOV(-0%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.605% (StdDev 1.21%)
Hourly BBV 0 ()
Intraday Trend 0%

5 Day Moving Average   $31.26(-0.29%)
10 Day Moving Average   $31.25(-0.26%)
20 Day Moving Average   $30.87(0.97%)
To recent high   -0.5%
To recent low   8.3%
Market Cap   $N/A

$. MJ price fluctuates within 2.3% (three month std-dev: 1.21%) daily (68% of days).

Sample size 6 Average positive next day return: 0.7%(67%) Average negative next day return: -1.61%(33%) Sample size 6 Average positive next three day return: 1.33%(83%) Average negative next three day return: -1.27%(17%) Sample size 6 Average positive next weekly return: 1.94%(83%) Average negative next weekly return: -1.01%(17%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170903

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	Aug_3_2017	29.69	30.87	31.25	31.26	25.35	31.12	31.17(0.13%)	UT	OpenLong	75	-0.1	123	1030	140	71	0	57%	0.1	58.7	1.21%	0	0.4	75	0
2	Aug_2_2017	29.66	30.79	31.25	31.29	19.52	31.2	31.13(-0.64%)	UD	OpenLong	75	-0.2	537	3060	622	282	0	60%	0.14	56.6	1.21%	0	0.5	80	0
3	Aug_1_2017	29.62	30.72	31.27	31.33	13.71	19.58	31.33(0%)	UD	OpenLong	65	0	422	1310	482	240	0	60%	0.1	57.1	1.23%	0	0.8	80	0
4	Jul_31_2017	29.59	30.63	31.25	31.28	13.62	19.58	31.33(0%)	N/A	N/A	0	0.1	-103	-4670	-140	8	0	60%	0.14	53.1	1.24%	0	0.9	87	0
5	Jul_28_2017	29.55	30.54	31.23	31.26	19.45	7.83	31.33(0%)	DP	OpenShort	-65	0.1	-495	-5320	-608	-155	0	60%	0.14	55.2	1.24%	0	1	88	0

6	Jul_27_2017	29.51	30.46	31.16	31.25	19.45	19.41	31.33(0%)	DP	OpenShort	-65	0.1	-372	-2200	-470	-78	0	60%	0.14	57.9	1.24%	0	1.1	90	0
7	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
8	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
9	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
10	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

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	Jun_29_2017	28.98	29.64	29.6	29.57	12.97	7.41	29.65(0%)	DP	OpenShort	-65	0.4	-112	-4680	-128	-65	0	59%		12.7	1.23%	0	0	45	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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