Trading Signals: MJ Stock Price Prediction and Forecast

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

Mon. Oct. 23, 2017

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

(ETFMG Alternative Harvest ETF)
MJ latest price $30.3500 (-2.41%) ($30.3500 - $30.9200) on Mon. Oct. 23, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   0.79% (three month average)
RSI   24
Latest Price   $30.3500(-2.41%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   MJ declines -0.5% a day on average for past five trading days.
Weekly Trend   MJ declines -1.6% a week on average for past two weeks.
Market Behavior   Broad based 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(36%)    IWD(36%)    PAVE(34%)    SDY(34%)
Factors Impacting MJ price   MJ will decline at least -0.395% in a week (0% probabilities).
UUP(-15%)    TLT(-14%)    VIXM(-13%)    SHY(-3%)    IGOV(-0%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.395% (StdDev 0.79%)
Hourly BBV 0 ()
Intraday Trend -1.5%

1 - 5 Day Possible Target   $27.8(-8.4%)
Resistance Level   $31.37
5 Day Moving Average   $30.93(-1.88%)
10 Day Moving Average   $30.98(-2.03%)
20 Day Moving Average   $31.37(-3.25%)
To recent high   -7%
To recent low   0%
Market Cap   $N/A

$. MJ price fluctuates within 1.63% (three month std-dev: 0.79%) daily (68% of days).

Sample size 36 Average positive next day return: 1.06%(64%) Average negative next day return: -1.03%(36%) Sample size 36 Average positive next three day return: 2.5%(61%) Average negative next three day return: -1.4%(39%) Sample size 36 Average positive next weekly return: 2.67%(61%) Average negative next weekly return: -1.47%(39%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20171123

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	Oct_23_2017	30.94	31.37	30.98	30.93	31.02	30.86	30.35(-2.41%)	DT	HoldShort	-65	-1.1	-57	-30	-32	-133	0.01	39%	0.03	-66.9	0.79%	0	-2	24	0
2	Oct_20_2017	30.93	31.46	31.07	31.08	31.13	31.11	31.1(0.26%)	RB	SmallLong	20	0	166	0	230	-27	0	44%	0.06	-67.3	0.74%	0	-0.7	40	0
3	Oct_19_2017	30.91	31.52	31.17	31.09	31.13	31.19	31.02(-0.77%)	DT	HoldShort	-50	-0.1	-24	1070	4	-108	0	44%	0.06	-64.8	0.74%	0	-1	38	0
4	Oct_18_2017	30.89	31.58	31.28	31.08	25.3	31.15	31.26(1.1%)	UT	OpenLong	75	0.3	870	1060	1051	325	0	46%	0.06	-61.4	0.73%	0	-0.6	49	0
5	Oct_17_2017	30.87	31.65	31.37	31.02	19.42	19.41	30.92(-0.64%)	DT	OpenShort	-75	-0.2	-26	-1130	-4	-90	0.01	48%	0	-59.8	0.72%	0	-1.3	43	0

6	Oct_16_2017	30.87	31.71	31.48	31.04	19.4	19.45	31.12(0%)	DP	OpenShort	-65	0.1	-220	-1110	-235	-176	0	48%	0.03	-59.5	0.75%	0	-1.1	35	0
7	Oct_13_2017	30.86	31.79	31.54	31.06	25.27	19.43	31.12(0.48%)	DP	OpenShort	-75	0.1	-36	-2180	-17	-94	0	48%	0.06	-54.9	0.76%	0	-1.2	35	0
8	Oct_12_2017	30.84	31.86	31.6	31.28	25.36	19.36	30.97(0%)	DT	HoldShort	-50	-0.6	-695	-2220	-796	-393	0	54%	0.03	-42.8	0.76%	0	-1.7	27	0
9	Oct_11_2017	30.83	31.92	31.65	31.52	25.44	31.11	30.97(-0.16%)	DT	OpenShort	-75	-1.1	-53	980	-45	-78	0	54%	0.06	-31.8	0.81%	0	-1.9	29	0
10	Oct_10_2017	30.81	31.98	31.7	31.77	25.72	31.36	31.02(-0.67%)	UD	OpenLong	75	-1.7	567	960	683	220	0	57%	0.06	-19.6	0.82%	0	-2.2	27	0

11	Oct_9_2017	30.79	32.04	31.81	31.97	25.96	19.76	31.23(-3.01%)	DT	OpenShort	-75	-1.9	-35	-2240	-31	-46	0.01	57%	0.06	-1.7	0.82%	0	-2.1	37	0
12	Oct_6_2017	30.77	32.04	31.89	32.06	26.07	20.09	32.2(0%)	DP	OpenShort	-65	0.4	-686	-2170	-795	-357	0	62%	0.13	15.5	0.75%	0	0.3	41	0
13	Oct_5_2017	30.73	32.09	31.9	31.96	26.04	32.16	32.2(0%)	N/A	N/A	0	0.7	7	1090	25	-47	0	62%	0.03	19.4	0.75%	0	0.3	43	0
14	Oct_4_2017	30.72	32.08	31.91	31.8	25.93	32.05	32.2(0.53%)	UT	OpenLong	75	1.2	888	1100	1067	352	0	62%	0.03	17	0.75%	0	0.4	51	0
15	Oct_3_2017	30.71	32.06	31.93	31.8	19.84	19.91	32.03(1.07%)	DP	OpenShort	-65	1.2	-12	-1090	11	-82	0	62%	0.03	11.3	0.75%	0	-0.1	51	0

16	Oct_2_2017	30.7	32.05	31.95	31.63	19.73	19.81	31.69(0%)	DP	OpenShort	-65	0.2	-232	-1100	-246	-188	0	60%	0.03	16.5	0.74%	0	-1	43	0
17	Sep_29_2017	30.69	32.04	32.04	31.69	25.75	19.77	31.69(0.99%)	DP	OpenShort	-75	0	-24	-2190	-7	-75	0	60%	0.03	24.3	0.74%	0	-0.9	44	0
18	Sep_28_2017	30.68	32.04	32.13	31.84	25.81	19.65	31.38(0%)	DT	HoldShort	-50	-1.1	-927	-2240	-1078	-474	0	57%	0.03	32.8	0.74%	0	-1.6	41	0
19	Sep_27_2017	30.67	32.04	32.21	32.03	31.9	31.72	31.38(-1.94%)	DT	OpenShort	-75	-1.5	-43	-50	-46	-34	0	57%	0.07	44.8	0.74%	0	-1.5	41	0
20	Sep_26_2017	30.65	32.02	32.29	32.27	32.13	31.97	32(0%)	N/A	N/A	0	-0.6	-9	-50	-17	15	0	67%	0.07	61.9	0.69%	0	-0	54	0

21	Sep_25_2017	30.63	31.99	32.31	32.32	32.24	32.08	32(-1.3%)	N/A	N/A	0	-0.7	-15	-40	-30	29	0	67%	0.07	63.2	0.71%	0	0	58	0
22	Sep_22_2017	30.61	31.95	32.33	32.45	32.32	32.3	32.42(0.19%)	UD	OpenLong	65	-0.1	9	-20	-14	76	0	72%	0.1	66	0.68%	0	0.9	71	0
23	Sep_21_2017	30.58	31.89	32.3	32.47	32.42	32.41	32.36(-0.64%)	UD	OpenLong	75	-0.2	36	-10	10	115	0	67%	0.1	69.4	0.68%	0	0.9	73	0
24	Sep_20_2017	30.55	31.83	32.27	32.42	32.41	32.34	32.57(1.02%)	UT	HoldLong	65	0.3	39	-20	9	128	0	67%	0.07	67.5	0.7%	0	1.4	78	0
25	Sep_19_2017	30.53	31.76	32.2	32.3	32.3	32.43	32.24(-1.23%)	UD	OpenLong	65	-0.1	30	30	-1	122	0	65%		67.5	0.71%	0	1	71	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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