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     Tue. Aug. 18, 2020

Trading Signals: MJ Stock Price Prediction and Forecast (Thu. Dec. 3, 2015 - Fri. Jan. 15, 2021)

(ETFMG Alternative Harvest ETF)

MJ latest price $12.6900 (-0.24%) ($12.6200 - $12.7800) on Tue. Aug. 18, 2020.


Trend Analysis and Forecast
 
Trend Pattern  Growing Downtrend
Trend Narrative  The Bottom
Average Daily Price Swing  $0.33 (2.53% one month average)
Average Daily Percentage Swing  2.53% (three month average)
Weekly Trend Force  -0.5% (StdDev 2.53%)
Daily Moving Force  -0.2%
Rebound Strength  None(0%)
Trend   -0.36%
Latest Price  $12.6900(-0.24%)
Forecasted Low Price  12.54(-1.2%)
Forecasted High Price  12.77(0.6%)
Direction of Next Movement  Range(-0.4%)
% Change Needed to Confirm Rebound  0.5% ((12.75))
% Change Needed for Trend Reversal  2.4%
Hourly Trend   -0.3% [$12.72(-0.04), $12.75(-0.03)]
Stocks Behave Similarly  Similar Stock List
Complacency  2
Intraday Reversal Probability  N/A.
Daily Trend  MJ advances 0.1% a day on average for past five trading days.
Weekly Trend  MJ declines -2% a week on average for past two weeks.
Market Behavior  Growth stock rally for large cap. Value stock sell-off for small cap.
Correlated ETFs  Broad market will support MJ decline at-0.1% a week (64% probability)
  IVE(43%)    IWD(43%)    DIA(42%)    VYM(42%)    XLRE(41%)  
Factors Impacting MJ price  MJ will advance at least 0.3% in a week (29% probabilities).
  TLT(-34%)    VXX(-32%)    VIXM(-30%)    BNDX(-26%)    BJK(-18%)  
Trading Plan  Not Available
 
Valuation to SPY   0.4
 
Relative Volatility   1.9 (options are extremely expensive)
 
Market Trend Strength  -0.3% (StdDev 2.53%)
Hourly BBV   0 ()
Intraday Trend   -0.3%
  
 

  


Next Hour Price  $12.69(0%)
1 - 5 Day Possible Target  $12.19(-3.94%)
Resistance Level  $13.04
5 Day Moving Average  $12.75(-0.47%)
10 Day Moving Average  $12.83(-1.09%)
20 Day Moving Average  $13.04(-2.68%)
To recent high  -16.9%
To recent low  0.7%
Market Cap  $N/A
 
Option Sentiment  
 
 
 
 



$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. MJ price fluctuates within 2.53% (three month std-dev: 2.53%    one year average std_dev: 0%) daily (68% of days).
$. MJ price fluctuates within 0% weekly (one year average std_dev: %).

Analysis   News   Options   Weekly Chart   Daily Chart   2 Month Daily Chart   

  >  20200918

iDateema20(Trend)ema10(Trend) ema5(Trend) Slow Hourly
Trend
Fast Hourly
Trend
CloseActualPriceRangeBBVHourly
BBV
Daily
Moving
Force
Weekly
Trend
Force
Reversal
Force
TrendTrend
Pattern
Next
Direction
CRSIScaleRVVIXCDTrend-Narrative  NextDay
PriceTarget  
NextDayPriceRangeVolume
millions
To High-Low
1Aug_18_202013.04 (-0.6%)12.83 (-0.8%)12.75 (0.1%) 12.75 12.72(0%)12.69(-0.24%)12.62-12.78-0.9(-1.1)0 -0.2%-0.5%0%-0.36% Growing Downtrend  Range(-0.6%)24110.41.6The Bottom 12.72(0.22%)12.55-12.860.65   -16.9%-0.7
2Aug_17_202013.08 (-0.6%)12.92 (-0.9%)12.74 (-0.4%) 12.78 12.76(0%)12.72(0.24%)12.67-12.8-1(-1.1)0 -0.2%-0.4%0%-0.4% Growing Downtrend  Range(-0.6%)3360.90.41.8Downtrend 12.67(-0.37%)12.63-12.780.49   -16.7%-1
3Aug_14_202013.11 (-0.5%)12.98 (-0.8%)12.79 (0.2%) 12.79 12.79(0%)12.69(-1.4%)12.63-12.89-1.2(-1.3)0 -0.1%-0.3%0%-0.36% Growing Downtrend  Range(0.3%)3440.80.41.8Downtrend 12.66(-0.24%)12.61-12.770.58   -16.9%-14.3% 
4Aug_13_202013.16 (-0.5%)13.01 (-0.9%)12.77 (-0.1%) 12.82 12.8(0%)12.87(0.7%)12.68-12.91-0.8(-0.9)0 0.1%-0.3%0%-0.36% Downtrend Consolidation  Range(-0.2%)3500.80.61.7Downtrend 12.83(-0.31%)12.79-12.920.45   -15.7%-17.4% 
5Aug_12_202013.19 (-0.3%)13.05 (-0.8%)12.78 (-1.2%) 12.8 12.79(0%)12.78(0.95%)12.68-12.9-1.1(-1.3)0 -0.6%-0.4%0%-0.32% Growing Downtrend  Range(-1%)4480.80.51.5Growing Downtrend 12.75(-0.27%)12.7-12.840.64   -16.3%-16.6% 
 
6Aug_11_202013.23 (-0.2%)13.1 (-0.6%)12.93 (-1.5%) 12.88 12.84(0%)12.66(-2.16%)12.62-12.97-1.6(-1.9)0 -0.6%-0.7%0%-0.22% Growing Downtrend  Range(-0.2%)5450.80.41.3Growing Downtrend 12.64(-0.14%)12.6-12.750.91   -17.1%-15.5% 
7Aug_10_202013.26 (0%)13.21 (-0.2%)13.12 (-0.6%) 13.08 12.81(0%)12.94(2.7%)12.79-12.98-1(-1.1)0 -0.9%-0.2%0%-0.04% N/A  Range(-1.1%)6450.70.61.6Range Bound 12.98(0.32%)13.05-12.930.77   -15.3%-18.1% 
8Aug_7_202013.27 (0.1%)13.24 (-0%)13.2 (-0.5%) 13.21 12.93(0%)12.6(-2.63%)12.47-12.91-2.3(-2.5)0 -2%-0.3%1.3%0% Oversold  Range(0.3%)6410.70.31.6Range Bound 12.7(0.82%)12.83-12.60.95   -17.5%-15% 
9Aug_6_202013.27 (0.3%)13.29 (-0.1%)13.27 (-0.5%) 13.21 13.35(0%)12.94(-4.29%)12.92-13.35-1.4(-1.4)0 -0.7%-0.1%0%0% N/A  Range(1.3%)6420.60.61.6N/A 13.05(0.85%)12.94-13.140.79   -15.3%-18.1% 
10Aug_5_202013.3 (0.3%)13.31 (-0.1%)13.34 (0.4%) 13.33 13.5(0%)13.52(-0.52%)13.4-13.650.8(0.9)0 0.9%0.2%0%0% Growing Uptrend  Range(1.4%)5500.71.21.6Growing Uptrend 13.52(0.02%)13.48-13.530.42   -11.5%-23.4% 
 
11Aug_4_202013.28 (0.3%)13.28 (-0.4%)13.29 (-0.2%) 13.24 13.32(0%)13.59(1.87%)13.2-13.61.1(1.2)0 0.5%0.2%0%-0.06% Uptrend Reversal  Range(0.7%)4480.71.21.5Correction 13.46(-0.97%)13.36-13.580.6   -11%-24% 
12Aug_3_202013.25 (0.3%)13.28 (-0.3%)13.32 (0.1%) 13.26 13.16(0%)13.34(3.09%)13-13.380.4(0.4)0 -0.2%0%0%-0.02% Downtrend Reversal  Range(-0.2%)3520.611.6Correction 13.3(-0.3%)13.27-13.340.87   -12.6%-21.7% 
13Jul_31_202013.25 (0.4%)13.25 (-0.2%)13.31 (-0.1%) 13.26 13.17(0%)12.94(-2.63%)12.9-13.38-1.1(-1.3)0 -0.8%-0.3%0%-0% Downtrend Reversal  Range(0.2%)3500.60.81.7Correction 12.85(-0.73%)12.82-12.941   -15.3%-18.1% 
14Jul_30_202013.24 (0.3%)13.31 (-0%)13.32 (0.4%) 13.36 13.37(0%)13.29(0.08%)13.1-13.330.3(0.2)0 -0.4%-0.1%0%0.04% Downtrend Reversal  Range(-0.5%)4550.61.11.7Correction 13.27(-0.16%)13.24-13.30.36   -13%-21.3% 
15Jul_29_202013.23 (0.3%)13.33 (0.1%)13.27 (0.1%) 13.3 13.54(0%)13.28(-3.42%)13.26-13.750.3(0.2)0 0.9%-0.1%0%0.06% N/A  Higher(2.5%)4620.61.11.9After Top 13.27(-0.05%)13.24-13.30.93   -13%-21.2% 
 
16Jul_28_202013.21 (0.1%)13.37 (0.3%)13.26 (0.5%) 13.2 13.36(0%)13.75(3.46%)13.32-13.91.9(2.1)0 1.4%0.4%0%0.1% Growing Uptrend  Higher(1.8%)4630.71.41.8Uptrend 13.74(-0.08%)13.65-13.781.3   -10%-25.5% 
17Jul_27_202013.17 (-0.1%)13.32 (0.3%)13.19 (-0.1%) 13.13 13.06(0%)13.29(2.47%)12.95-13.310.5(0.5)0 -0.1%0.1%0%0.06% Correction  Range(0%)4550.611.8N/A 13.27(-0.16%)13.22-13.310.48   -13%-21.3% 
18Jul_24_202013.14 (-0.2%)13.3 (0.3%)13.2 (-0.8%) 13.2 13.05(0%)12.97(-0.69%)12.8-13.09-0.7(-0.7)0 -1%-0.1%0%0.06% Downtrend Reversal  Range(-0.8%)5490.60.81.5N/A 13.02(0.38%)12.97-13.060.58   -15.1%-18.3% 
19Jul_23_202013.14 (-0.1%)13.32 (0.7%)13.31 (-0.7%) 13.31 13.21(0%)13.06(-1.21%)12.95-13.25-0.5(-0.4)0 -1%0.1%0%0.16% Downtrend Reversal  Range(-0.3%)5560.60.81.4N/A 13.11(0.36%)13.08-13.130.73   -14.5%-19.2% 
20Jul_22_202013.16 (-0.1%)13.3 (0.8%)13.4 (-0.7%) 13.43 13.36(0%)13.22(-1.34%)13.18-13.460.3(0.3)0 -0.5%0%0%0.2% Downtrend Reversal  Range(0.2%)5580.60.81.7N/A 13.22(-0.03%)13.17-13.250.39   -13.4%-20.6% 
 
21Jul_21_202013.16 (-0.1%)13.28 (1%)13.49 (0.2%) 13.48 13.42(0%)13.4(0.22%)13.35-13.540.8(0.9)0 -0.3%0.2%0%0.28% Uptrend Consolidation  Range(-0.1%)5650.60.91.7N/A 13.38(-0.15%)13.29-13.460.57   -12.2%-22.3% 
22Jul_20_202013.16 (-0.1%)13.25 (1%)13.46 (0.4%) 13.5 13.49(0%)13.37(-1.11%)13.3-13.520.7(0.7)0 0.1%0.1%0%0.26% Growing Uptrend  Range(0.8%)6590.70.92.1N/A 13.36(-0.09%)13.27-13.430.47   -12.4%-22% 
23Jul_17_202013.18 (-0.2%)13.22 (1%)13.41 (0.7%) 13.42 13.53(0%)13.52(0.07%)13.43-13.71.2(1.3)0 0.4%0.3%0%0.24% Growing Uptrend  Range(0.7%)7670.71.12Uptrend Reversal 13.61(0.63%)13.53-13.650.58   -11.5%-23.4% 
24Jul_16_202013.18 (-0.2%)13.16 (0.7%)13.32 (1.1%) 13.34 13.5(0%)13.51(-0.95%)13.31-13.651(1.2)0 1.2%0.3%0%0.18% Growing Uptrend  Higher(2%)7550.71.11.8Uptrend Reversal 13.6(0.66%)13.52-13.650.52   -11.5%-23.3% 
25Jul_15_202013.19 (-0.6%)13.11 (0.3%)13.17 (0.9%) 13.2 13.31(0%)13.64(2.87%)13.31-13.721.4(1.6)0 1.1%0.4%0%0.02% Growing Uptrend  Higher(1.5%)6580.71.21.8Uptrend Reversal 13.73(0.68%)13.65-13.781.15   -10.7%-24.5% 
iDateema20(Trend)ema10(Trend) ema5(Trend) Slow Hourly
Trend
Fast Hourly
Trend
CloseActualPriceRangeBBVHourly
BBV
Daily
Moving
Force
Weekly
Trend
Force
Reversal
Force
TrendTrend
Pattern
Next
Direction
CRSIScaleRVVIXCDTrend-Narrative  NextDay
PriceTarget  
NextDayPriceRangeVolume
millions
To High-Low
Click to see actual return for next trading day.
 
 
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