Trading Signals: MJ Stock Price Prediction and Forecast

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

Wed. Sep. 26, 2018

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

(ETFMG Alternative Harvest ETF)
MJ latest price $38.9400 (-1.07%) ($38.7400 - $40.1500) on Wed. Sep. 26, 2018.

Trend Analysis and Forecast

Average Daily Percentage Swing   3% (three month average)
RSI   66
Latest Price   $38.9400(-1.07%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   MJ declines -1.1% a day on average for past five trading days.
Weekly Trend   MJ advances 5.3% 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(47%)    XLC(47%)    IVE(37%)    IWD(37%)    XLF(36%)
Factors Impacting MJ price   MJ will decline at least -1.5% in a week (0% probabilities).
UUP(-16%)    TLT(-15%)    VXX(-13%)    VIXM(-12%)    DIA(-3%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.5% (StdDev 3%)
Hourly BBV 0 ()
Intraday Trend -2.8%

5 Day Moving Average   $40.02(-2.7%)
10 Day Moving Average   $39(-0.15%)
20 Day Moving Average   $37.16(4.79%)
To recent high   -9.5%
To recent low   54.5%
Market Cap   $N/A

$. MJ price fluctuates within 7.19% (three month std-dev: 3%) daily (68% of days).

Sample size 8 Average positive next day return: 3.21%(50%) Average negative next day return: -0.48%(50%) Sample size 8 Average positive next three day return: 4.02%(75%) Average negative next three day return: -1.18%(25%) Sample size 8 Average positive next weekly return: 7.52%(75%) Average negative next weekly return: -0.66%(25%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20181026

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	Sep_26_2018	30.79	37.16	39	40.02	39.83	39.77	38.94(-1.07%)	UD	OpenLong	65	-0.4	19	-20	-9	103	0.89	63%	0.33	80	3%	0	0.7	66	1.3
2	Sep_25_2018	30.69	36.85	38.89	40.47	40.62	39.39	39.36(0.23%)	UD	OpenLong	65	-0.4	23	-200	-14	132	1.11	61%	0.36	87.2	3%	0	0.9	64	1.4
3	Sep_24_2018	30.58	36.57	38.68	40.53	41.13	39.89	39.27(-0.58%)	UD	OpenLong	65	-0.5	16	-170	-27	144	1.31	61%	0.33	98.7	3.03%	0	1	64	1.7
4	Sep_21_2018	30.48	36.23	38.37	40.11	41.33	41.84	39.5(-8.16%)	UD	OpenLong	75	-0.2	52	180	14	164	2.41	62%	0.36	102.2	3.04%	0	1.1	69	2.3
5	Sep_20_2018	30.37	35.79	37.92	39.36	40.29	42.37	43.01(4.37%)	UT	HoldLong	65	1.2	104	430	76	189	2.47	68%	0.5	97.2	2.85%	0	2.4	80	2.6

6	Sep_19_2018	30.22	35.14	37.03	37.83	38.36	40.81	41.21(3.86%)	UT	OpenLong	75	1.3	91	490	74	141	5.22	66%	0.43	97.1	2.82%	0	2.3	70	2.6
7	Sep_18_2018	30.09	34.56	36.38	37.13	37.01	38.22	39.68(6.81%)	UT	OpenLong	75	1	74	220	56	129	2.47	65%	0.37	106.1	2.79%	0	2	72	1.6
8	Sep_17_2018	29.98	34.01	35.88	36.64	36.53	35.91	37.15(3.86%)	UT	OpenLong	75	0.2	33	-130	8	107	1.08	62%	0.33	108.4	2.67%	0	1.3	61	1.1
9	Sep_14_2018	29.88	33.53	35.52	36.41	36.46	35.8	35.77(1.25%)	UD	OpenLong	65	-0.2	6	-120	-24	97	1.05	61%	0.23	97.6	2.64%	0	0.8	63	1.9
10	Sep_13_2018	29.81	33.11	35.27	36.22	36.65	37.14	35.33(-6.29%)	UD	OpenLong	75	-0.3	38	130	10	123	1.15	61%	0.27	87.4	2.64%	0	0.7	68	1.6

11	Sep_12_2018	29.73	32.71	35.18	36.02	36.16	37.12	37.7(1.18%)	UT	HoldLong	65	0.5	72	200	41	165	1.51	64%	0.3	81.9	2.5%	0	1.5	76	1
12	Sep_11_2018	29.64	32.09	34.66	35.5	35.33	36.16	37.26(3.56%)	UT	HoldLong	65	0.5	66	150	33	163	1.32	64%	0.3	72.2	2.52%	0	1.5	77	0.9
13	Sep_10_2018	29.55	31.52	34.29	35.04	35.01	35.2	35.98(3.36%)	UT	HoldLong	65	0.3	68	40	29	184	0.74	62%	0.2	67	2.5%	0	1.3	77	0.2
14	Sep_7_2018	29.49	31.05	33.93	34.54	34.72	34.51	34.81(1.37%)	UT	HoldLong	65	0.1	54	-30	6	198	0.5	60%	0.2	63.5	2.47%	0	1.1	79	-0.7
15	Sep_6_2018	29.43	30.66	33.52	34.18	34.37	34.82	34.34(-2.17%)	UD	OpenLong	75	0	54	110	-0	214	0.74	62%	0.17	61.6	2.47%	0	1.1	80	-0.4

16	Sep_5_2018	29.38	30.27	33.13	34.19	34.19	34.94	35.1(0.4%)	UT	HoldLong	65	0.3	94	150	38	261	1.15	64%	0.2	62.5	2.49%	0	1.5	81	0.3
17	Sep_4_2018	29.32	29.83	32.6	33.68	33.79	33.91	34.96(4.42%)	UT	HoldLong	65	0.4	83	30	20	273	0.96	64%	0.14	59.9	2.52%	0	1.6	84	0.5
18	Aug_31_2018	29.28	29.4	32	33.45	33.37	33.44	33.48(1.39%)	UT	HoldLong	65	0	75	10	-0	298	0.7	63%	0.21	63.1	2.46%	0	1.4	78	0.1
19	Aug_30_2018	29.22	29.05	31.4	33.22	33.49	33.66	33.02(-4.01%)	UD	OpenLong	75	-0.1	98	60	25	315	1.03	63%	0.17	64.8	2.46%	0	1.4	73	0.8
20	Aug_29_2018	29.17	28.73	30.81	32.72	33.01	33.31	34.4(5.72%)	UT	OpenLong	75	0.6	102	90	32	310	1.16	66%	0.24	63.8	2.4%	0	2.1	75	1.3

21	Aug_28_2018	29.1	28.33	30.06	31.88	32.15	33.32	32.54(-3.81%)	UD	OpenLong	75	0.3	102	280	38	295	0.88	63%	0.21	62.4	2.3%	0	1.8	73	1
22	Aug_27_2018	29.04	28.03	29.34	31.34	31.39	32.72	33.83(4.64%)	UT	HoldLong	65	1.1	132	300	81	284	1.47	67%	0.21	60.5	2.27%	0	2.7	79	0.9
23	Aug_24_2018	28.98	27.65	28.52	30.34	30.34	30.98	32.33(6.07%)	UT	OpenLong	75	1.2	104	150	64	225	0.86	64%	0.17	56.4	2.21%	0	2.7	75	1
24	Aug_23_2018	28.93	27.33	27.91	29.32	29.47	30.06	30.48(0.83%)	UT	OpenLong	75	0.9	77	160	45	171	0.31	60%	0.1	47.6	2.08%	0	2.3	70	1
25	Aug_22_2018	28.9	27.11	27.54	28.59	28.62	29.7	30.23(1.37%)	UT	OpenLong	75	1.4	72	270	51	133	0.39	60%		34.2	2.08%	0	2.7	69	1.2
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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