Trading Signals: MJ Stock Price Prediction and Forecast

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

Tue. Nov. 21, 2017

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

(ETFMG Alternative Harvest ETF)
MJ latest price $29.5400 (-0.2%) ($29.4400 - $29.7000) on Tue. Nov. 21, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   0.87% (three month average)
RSI   40
Latest Price   $29.5400(-0.2%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   MJ advances 0.3% a day on average for past five trading days.
Weekly Trend   MJ declines -1.1% 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(36%)    IWD(36%)    PAVE(34%)    SDY(34%)
Factors Impacting MJ price   MJ will decline at least -0.435% in a week (0% probabilities).
UUP(-15%)    TLT(-14%)    VIXM(-13%)    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   -0.435% (StdDev 0.87%)
Hourly BBV 0 ()
Intraday Trend 0.1%

1 - 5 Day Possible Target   $27.01(-8.56%)
Resistance Level   $29.85
5 Day Moving Average   $29.46(0.27%)
10 Day Moving Average   $29.58(-0.14%)
20 Day Moving Average   $29.85(-1.04%)
To recent high   -9.5%
To recent low   1.9%
Market Cap   $N/A

$. MJ price fluctuates within 1.34% (three month std-dev: 0.87%) daily (68% of days).

Sample size 4 Average positive next day return: 0.7%(50%) Average negative next day return: -0.47%(50%) Sample size 4 Average positive next three day return: 1.51%(100%) Average negative next three day return: %(0%) Sample size 4 Average positive next weekly return: 2.02%(50%) Average negative next weekly return: -2.02%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20171221

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	Nov_21_2017	30.99	29.85	29.58	29.46	29.61	29.66	29.54(-0.2%)	DP	OpenShort	-65	0.2	-16	30	5	-77	0.01	41%	0	-79.9	0.87%	0	-0.8	40	0
2	Nov_20_2017	30.99	29.88	29.63	29.38	29.45	29.78	29.6(-0.54%)	DP	OpenShort	-65	0.6	-6	90	18	-76	0.01	41%	0	-94	0.87%	0	-0.7	48	0
3	Nov_17_2017	30.99	29.92	29.69	29.38	29.35	29.55	29.76(1.12%)	N/A	N/A	0	0.9	3	50	26	-66	0	43%	0	-89.2	0.88%	0	-0.3	51	0
4	Nov_16_2017	30.99	29.98	29.73	29.36	29.29	29.12	29.43(1.55%)	DP	OpenShort	-75	0.1	-35	-50	-16	-90	0.01	40%	0	-83.5	0.87%	0	-1.1	33	0
5	Nov_15_2017	30.99	30.06	29.81	29.48	29.4	29.16	28.98(-0.58%)	DT	HoldShort	-65	-0.9	-58	-70	-46	-95	0	35%	0	-72.1	0.85%	0	-2	23	0

6	Nov_14_2017	30.99	30.17	29.92	29.72	29.69	29.45	29.15(-1.19%)	DT	OpenShort	-75	-1.1	-41	-60	-33	-63	0	35%	-0.03	-62.7	0.86%	0	-2	32	0
7	Nov_13_2017	31	30.26	30	29.91	29.88	29.64	29.5(-0.84%)	DT	OpenShort	-75	-0.8	-37	-60	-33	-47	0	37%	0	-56.8	0.86%	0	-1.6	38	0
8	Nov_10_2017	31	30.34	30.03	30.06	30.02	29.93	29.75(-0.9%)	UD	OpenLong	75	-0.6	142	-20	176	41	0	37%	0.03	-51.3	0.86%	0	-1.2	38	0
9	Nov_9_2017	30.99	30.41	30.1	30.15	24.47	30.12	30.02(-0.6%)	UD	OpenLong	75	-0.3	157	1050	194	46	0	38%	0.03	-57.4	0.86%	0	-0.8	30	0
10	Nov_8_2017	30.98	30.46	30.1	30.19	18.83	30.11	30.2(0.33%)	UT	OpenLong	75	0	555	3060	664	227	0	38%	0	-67.5	0.85%	0	-0.6	34	0

11	Nov_7_2017	30.98	30.49	30.1	30.16	18.88	18.83	30.1(-0.4%)	UD	OpenLong	75	-0.1	552	-1140	669	202	0	38%	0	-79.6	0.85%	0	-0.8	29	0
12	Nov_6_2017	30.98	30.54	30.14	30.09	18.86	7.56	30.22(0%)	DP	OpenShort	-65	0.3	-583	-5310	-659	-356	0	38%	0	-91.9	0.85%	0	-0.7	38	0
13	Nov_3_2017	30.98	30.59	30.15	29.99	18.83	18.92	30.22(0%)	DP	OpenShort	-65	0.4	-763	-1080	-862	-467	0	38%	0.03	-85	0.85%	0	-0.6	36	0
14	Nov_2_2017	30.97	30.68	30.23	30.04	24.39	30.17	30.22(0.6%)	UT	OpenLong	75	0.3	709	1090	869	228	0	38%	0	-71.6	0.85%	0	-0.7	36	0
15	Nov_1_2017	30.97	30.78	30.3	30.08	18.72	18.74	30.04(1.01%)	DP	OpenShort	-75	-0.1	-29	-1130	-0	-115	0	38%	0.03	-60.2	0.85%	0	-1	36	0

16	Oct_31_2017	30.96	30.88	30.42	30.12	18.84	18.62	29.74(0%)	DT	HoldShort	-50	-0.5	-210	-1210	-215	-194	0	35%	0	-53.4	0.84%	0	-1.6	31	0
17	Oct_30_2017	30.96	31	30.54	30.2	24.55	18.71	29.74(-2.33%)	DT	OpenShort	-75	-0.7	-56	-2230	-36	-115	0	35%	0	-53.4	0.84%	0	-1.8	30	0
18	Oct_27_2017	30.96	31.1	30.69	30.33	24.68	19.06	30.45(0%)	DP	OpenShort	-65	0.2	-818	-2150	-935	-468	0	39%	0	-55.7	0.8%	0	-1	34	0
19	Oct_26_2017	30.96	31.16	30.75	30.46	30.42	30.4	30.45(0.76%)	DP	OpenShort	-75	-0	-32	-10	-8	-104	0	39%	0.03	-57.7	0.8%	0	-1.2	24	0
20	Oct_25_2017	30.95	31.21	30.81	30.57	30.57	30.29	30.22(0.2%)	DP	OpenShort	-75	-0.6	-58	-60	-35	-128	0	39%	0.03	-62.4	0.8%	0	-1.7	19	0

21	Oct_24_2017	30.94	31.28	30.89	30.78	30.78	30.45	30.16(-0.63%)	DT	HoldShort	-65	-1.1	-69	-80	-47	-134	0	39%	0	-65.4	0.8%	0	-2	18	0
22	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
23	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
24	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
25	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%		-61.4	0.73%	0	-0.6	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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