Trading Signals: MJ Stock Price Prediction and Forecast

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

Tue. Aug. 22, 2017

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

(ETFMG Alternative Harvest ETF)
MJ latest price $31.2000 (0.29%) ($31.0100 - $31.4200) on Tue. Aug. 22, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   0.77% (three month average)
RSI   51
Latest Price   $31.2000(0.29%)
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 declines -0.1% 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%)    SDY(34%)
Factors Impacting MJ price   MJ will decline at least -0.385% 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   -0.385% (StdDev 0.77%)
Hourly BBV 0 ()
Intraday Trend 0.5%

5 Day Moving Average   $31.06(0.45%)
10 Day Moving Average   $31.05(0.48%)
20 Day Moving Average   $31.13(0.22%)
To recent high   -0.4%
To recent low   7.5%
Market Cap   $N/A

$. MJ price fluctuates within 0.48% (three month std-dev: 0.77%) 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

> 20170922

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_22_2017	30.05	31.13	31.05	31.06	25.17	19.47	31.2(0.29%)	UT	OpenLong	75	0.9	14	-2150	18	1	0	66%	0.07	-22.9	0.77%	0	0.5	51	0
2	Aug_21_2017	30.03	31.12	31.05	30.99	25.14	19.31	31.11(0%)	DP	OpenShort	-65	0.8	-816	-2190	-954	-400	0	66%	0.1	-35.3	0.79%	0	-0.1	44	0
3	Aug_18_2017	30	31.13	31.04	31.02	30.9	30.88	31.11(0.88%)	DP	OpenShort	-75	0.6	-11	-20	-7	-22	0	51%	0.1	-27.5	0.84%	0	-0.1	44	0
4	Aug_17_2017	29.97	31.14	31.03	30.98	31.01	30.98	30.84(-0.68%)	UD	OpenLong	75	-0.9	119	-0	146	37	0	49%	0.07	-15.7	1.2%	0	-1.9	37	0
5	Aug_16_2017	29.95	31.14	31.06	31	25.22	30.93	31.05(0.65%)	DP	OpenShort	-75	0.4	-11	1030	-6	-25	0.01	49%	0.1	20	1.2%	0	-0.8	41	0

6	Aug_15_2017	29.92	31.16	31.07	31.03	25.18	31.05	30.85(-1.28%)	UD	OpenLong	75	-1.3	526	1070	626	227	0.01	49%	0.1	48.9	1.19%	0	-2.2	35	0
7	Aug_14_2017	29.89	31.18	31.07	31.1	19.42	19.51	31.25(1.03%)	N/A	N/A	0	1.2	6	-1090	11	-10	0	52%	0.1	128.9	1.19%	0	0.6	56	0
8	Aug_11_2017	29.86	31.17	31.12	31.07	19.41	19.3	30.93(0%)	DT	HoldShort	-50	-0.8	-133	-1170	-151	-77	0	52%	0.1	122.4	1.18%	0	-1.3	39	0
9	Aug_10_2017	29.83	31.16	31.16	31.08	25.26	19.33	30.93(-0.83%)	DT	OpenShort	-75	-0.6	-14	-2210	-12	-20	0.01	54%	0.13	113.3	1.18%	0	-0.9	38	0
10	Aug_9_2017	29.79	31.13	31.21	31.13	25.31	19.53	31.19(0%)	DP	OpenShort	-65	0.2	-543	-2160	-636	-264	0	57%	0.1	115.6	1.19%	0	0.2	46	0

11	Aug_8_2017	29.76	31.1	31.22	31.12	31.15	31.18	31.19(0.29%)	N/A	N/A	0	0.2	1	10	3	-7	0	57%	0.07	91.9	1.2%	0	0.2	54	0
12	Aug_7_2017	29.74	31.03	31.21	31.15	31.11	31.09	31.1(0.32%)	DP	OpenShort	-75	-0.1	-6	-10	-5	-8	0	57%	0.1	76	1.2%	0	0.1	51	0
13	Aug_4_2017	29.71	30.95	31.23	31.19	31.17	31.13	31(-0.55%)	UD	OpenLong	75	-0.3	121	-10	142	57	0	57%	0.07	63.8	1.2%	0	0.1	47	0
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		46.4	1.27%	0	1.9	75	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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