Trading Signals: MJ Stock Price Prediction and Forecast

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

Fri. Jan. 5, 2018

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

(ETFMG Alternative Harvest ETF)
MJ latest price $36.4500 (2.76%) ($34.5700 - $36.8800) on Fri. Jan. 5, 2018.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.06% (three month average)
RSI   79
Latest Price   $36.4500(2.76%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   MJ advances 2.6% a day on average for past five trading days.
Weekly Trend   MJ advances 11% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support MJ advance at 0% a week (0% probability)
IYT(45%)    IVE(36%)    IWD(36%)    PAVE(34%)    SDY(34%)
Factors Impacting MJ price   MJ will decline at least -1.03% 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   -1.03% (StdDev 2.06%)
Hourly BBV 0 ()
Intraday Trend 3.5%

5 Day Moving Average   $35.57(2.47%)
10 Day Moving Average   $33.04(10.32%)
20 Day Moving Average   $31.19(16.86%)
To recent high   -3.6%
To recent low   25.8%
Market Cap   $N/A

$. MJ price fluctuates within 9.2% (three month std-dev: 2.06%) daily (68% of days).

Sample size 1 Average positive next day return: 7.18%(100%) Average negative next day return: 0%(0%) Sample size 1 Average positive next three day return: 0.41%(100%) Average negative next three day return: %(0%) Sample size 1 Average positive next weekly return: 10.27%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20180205

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	Jan_5_2018	30.91	31.19	33.04	35.57	35.89	35.81	36.45(2.76%)	UT	HoldLong	65	0.3	94	10	16	327	2.54	65%	0.19	60.9	2.06%	0	1.8	79	0
2	Jan_4_2018	30.85	30.81	32.31	34.68	35.15	36.64	35.47(-6.19%)	UD	OpenLong	75	0.3	126	340	64	312	6.67	64%	0.13	56.3	2.03%	0	1.8	77	0
3	Jan_3_2018	30.81	30.49	31.69	33.61	34.03	35.97	37.81(6.3%)	UT	HoldLong	65	1.8	181	440	138	309	6	73%	0.23	48	1.87%	0	3.1	89	0
4	Jan_2_2018	30.74	30.04	30.82	32.1	32.44	33.66	35.57(9.21%)	UT	HoldLong	65	2.1	139	300	108	232	4.9	68%	0.16	43.2	1.71%	0	3.4	86	0
5	Dec_29_2017	30.69	29.71	30.13	30.83	31.64	32.08	32.57(1.78%)	UT	HoldLong	65	1.9	114	180	91	182	1.86	61%	0.03	35.5	1.27%	0	3.1	80	0

6	Dec_28_2017	30.68	29.54	29.76	30.15	30.74	31.22	32(6.28%)	UT	HoldLong	65	2.8	59	170	44	104	1.01	58%	0.03	20.5	1.25%	0	3.8	78	0
7	Dec_27_2017	30.67	29.41	29.45	29.59	30.19	31.2	30.11(-0.4%)	UD	OpenLong	75	1.6	73	300	73	74	0.4	45%	-0.03	-4.5	0.97%	0	2.1	61	0
8	Dec_26_2017	30.68	29.39	29.36	29.44	29.75	30.26	30.23(3.39%)	UT	OpenLong	75	2.5	69	150	74	52	0.28	45%	-0.03	-13.3	1%	0	2.7	58	0
9	Dec_22_2017	30.69	29.36	29.25	29.34	29.31	29.18	29.24(0.27%)	N/A	N/A	0	-0.4	-4	-30	-6	1	0.02	35%	-0.07	-25	0.9%	0	-0.4	41	0
10	Dec_21_2017	30.71	29.38	29.25	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	0

11	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	0
12	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	0
13	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	0
14	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	0
15	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	0

16	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	0
17	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	0
18	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	0
19	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	0
20	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	0

21	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	0
22	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	0
23	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	0
24	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	0
25	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%		-25.4	0.9%	0	-1.1	39	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

Click to see actual return for next trading day.