Trading Signals: MJ Stock Price Prediction and Forecast

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

Thu. Dec. 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 $29.1600 (-0.14%) ($29.0500 - $29.2500) on Thu. Dec. 21, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   0.9% (three month average)
RSI   42
Latest Price   $29.1600(-0.14%)
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 declines -0.1% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Normal 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 -0.45% 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   -0.45% (StdDev 0.9%)
Hourly BBV 0 ()
Intraday Trend -0.3%

Resistance Level   $29.38
5 Day Moving Average   $29.32(-0.55%)
10 Day Moving Average   $29.23(-0.24%)
20 Day Moving Average   $29.38(-0.75%)
To recent high   -10.1%
To recent low   0.6%
Market Cap   $N/A

$. MJ price fluctuates within 0.92% (three month std-dev: 0.9%) daily (68% of days).

Sample size 1 Average positive next day return: 0%(0%) Average negative next day return: -1.82%(100%) Sample size 1 Average positive next three day return: 0%(0%) Average negative next three day return: -4.05%(100%) Sample size 1 Average positive next weekly return: 0%(0%) Average negative next weekly return: -3.22%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20180121

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	Dec_21_2017	30.71	29.38		29.32	29.45	29.24	29.16(-0.14%)	DT	OpenShort	-75	-0.6	-10	-40	-9	-12	0.02	35%	-0.07	-22.8	0.9%	0	-0.8	42	INF
2	Dec_20_2017	30.73	29.4	29.23	29.3	29.44	29.43	29.2(-0.61%)	DT	OpenShort	-75	-0.4	-12	10	-9	-20	0.01	38%	-0.07	-16.3	0.9%	0	-0.7	47	INF
3	Dec_19_2017	30.75	29.42	29.24	29.28	29.39	29.65	29.38(-1.21%)	N/A	N/A	0	0.4	5	70	14	-21	0.01	36%	-0.06	-12.5	0.91%	0	-0.2	41	INF
4	Dec_18_2017	30.77	29.42	29.26	29.27	29.34	29.44	29.74(2.09%)	RB	SmallLong	20	1.7	19	30	33	-24	0.02	38%	-0.06	-12	0.91%	0	1.1	43	INF
5	Dec_15_2017	30.79	29.43	29.23	29.14	29.17	29.13	29.13(0.34%)	DP	OpenShort	-75	-0	-20	-10	-6	-62	0.01	36%	-0.06	-25	0.87%	0	-1.1	36	INF

6	Dec_14_2017	30.81	29.43	29.27	29.13	29.19	29.23	29.03(-0.38%)	DT	OpenShort	-75	-0.4	-19	20	-3	-66	0	36%	-0.06	-36.4	0.89%	0	-1.6	33	INF
7	Dec_13_2017	30.83	29.43	29.3	29.15	29.24	29.22	29.14(-0.51%)	DP	OpenShort	-65	-0	-15	0	2	-67	0.01	35%	-0.06	-55.7	0.89%	0	-1.2	41	INF
8	Dec_12_2017	30.85	29.45	29.36	29.19	29.18	29.16	29.29(0.58%)	DP	OpenShort	-75	0.4	-24	-10	-11	-64	0.01	35%	-0.06	-69.3	0.89%	0	-0.6	44	INF
9	Dec_11_2017	30.87	29.47	29.42	29.24	29.23	29.26	29.12(0.1%)	DP	OpenShort	-75	-0.5	-19	10	-8	-50	0.01	35%	-0.1	-76.1	0.89%	0	-1.3	38	INF
10	Dec_8_2017	30.9	29.5	29.49	29.34	29.35	29.2	29.09(-0.14%)	DT	OpenShort	-75	-1	-19	-30	-11	-41	0.01	35%	-0.06	-77.6	0.89%	0	-1.6	34	INF

11	Dec_7_2017	30.92	29.54	29.55	29.43	29.44	29.21	29.13(-0.68%)	DT	OpenShort	-75	-1.2	-24	-50	-22	-29	0.01	35%	-0.06	-69.3	0.89%	0	-1.6	46	INF
12	Dec_6_2017	30.94	29.6	29.6	29.47	29.51	29.5	29.33(-0.74%)	DT	OpenShort	-75	-0.5	-15	0	-17	-10	0.01	35%	-0.06	-58.9	0.89%	0	-1	60	INF
13	Dec_5_2017	30.96	29.63	29.62	29.56	29.56	29.66	29.55(-0.17%)	UD	OpenLong	75	-0	4	20	0	16	0.01	37%	-0.03	-43.9	0.89%	0	-0.3	60	INF
14	Dec_4_2017	30.97	29.66	29.63	29.63	29.62	29.52	29.6(0.27%)	UD	OpenLong	65	-0.1	6	-20	-1	28	0.02	37%	-0.03	-26.9	0.9%	0	-0.2	52	INF
15	Dec_1_2017	30.98	29.69	29.65	29.66	29.68	29.46	29.52(0.58%)	N/A	N/A	0	-0.4	-10	-50	-21	24	0.01	39%	-0.03	-26.1	0.9%	0	-0.5	46	INF

16	Nov_30_2017	30.99	29.73	29.64	29.7	29.76	29.73	29.35(-1.38%)	N/A	N/A	0	-1	-6	-0	-14	20	0	39%	-0.03	-25.4	0.9%	0	-1.1	39	INF
17	Nov_29_2017	31	29.73	29.61	29.74	29.82	29.89	29.76(-0.6%)	UD	OpenLong	75	0.1	12	20	12	12	0.01	41%	0	-24.6	0.89%	0	0	41	INF
18	Nov_28_2017	31	29.76	29.56	29.7	29.72	29.78	29.94(0.71%)	N/A	N/A	0	0.7	4	20	10	-14	0.01	41%	0.03	-33.9	0.88%	0	0.5	45	INF
19	Nov_27_2017	30.99	29.75	29.51	29.63	29.64	29.75	29.73(0%)	DP	OpenShort	-65	0.3	-6	30	5	-40	0.01	41%	0	-49.1	0.88%	0	-0.1	39	INF
20	Nov_24_2017	30.99	29.78	29.5	29.64	29.65	29.65	29.73(0.61%)	DP	OpenShort	-65	0.2	-4	0	11	-48	0	41%	0.06	-50.8	0.88%	0	-0.1	39	INF

21	Nov_22_2017	30.97	29.82	29.52	29.58	29.66	29.53	29.55(0.03%)	DT	HoldShort	-50	-0.1	-13	-20	4	-65	0.01	41%	-0.06	-59.7	0.87%	0	-0.7	35	INF
22	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	INF
23	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	INF
24	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	INF
25	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%		-83.5	0.87%	0	-1.1	33	INF
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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