Trading Signals: MJ Stock Price Prediction and Forecast

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

Mon. Jan. 25, 2021

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

(ETFMG Alternative Harvest ETF)
MJ latest price $18.6900 (-3.76%) ($18.3400 - $19.4920) on Mon. Jan. 25, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.39% (three month average)
RSI   81
Latest Price   $18.6900(-3.76%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   MJ declines -1.2% a day on average for past five trading days.
Weekly Trend   MJ advances 9.4% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support MJ advance at 0% a week (0% probability)
IBUY(62%)    IWC(62%)    IWO(62%)    IWM(61%)    IPO(59%)
Factors Impacting MJ price   MJ will decline at least -1.695% in a week (0% probabilities).
VIXM(-41%)    VXX(-37%)    UUP(-27%)    TLT(-10%)    SHY(1%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.695% (StdDev 3.39%)
Hourly BBV -1.8 ()
Intraday Trend -3.8%

5 Day Moving Average   $19.51(-4.2%)
10 Day Moving Average   $19.12(-2.25%)
20 Day Moving Average   $17.34(7.79%)
To recent high   -7.5%
To recent low   74.3%
Market Cap   $N/A

$. MJ price fluctuates within 12.05% (three month std-dev: 3.39%) daily (68% of days).

Sample size 10 Average positive next day return: 3.3%(50%) Average negative next day return: -2.06%(50%) Sample size 10 Average positive next three day return: 9.57%(50%) Average negative next three day return: -2.47%(50%) Sample size 10 Average positive next weekly return: 8.6%(60%) Average negative next weekly return: -2.59%(40%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210225

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_25_2021	13.54	17.34	19.12	19.51	19.4	19.08	18.69(-3.76%)	UD	OpenLong	65	-0.4	31	-130	-13	161	2.56	73%	0.45	58.6	3.39%	-1.8	0.6	81	0.8
2	Jan_22_2021	13.48	17.17	18.96	19.74	19.63	19.35	19.42(-0.21%)	UD	OpenLong	65	-0.2	45	-120	-11	211	2.3	76%	0.6	61.5	3.35%	-0.5	1.1	89	1.5
3	Jan_21_2021	13.4	16.94	18.73	19.84	19.9	19.73	19.46(-1.72%)	UD	OpenLong	75	-0.2	68	-50	4	258	2.19	76%	0.53	63.2	3.35%	-0.5	1.2	85	1.8
4	Jan_20_2021	13.33	16.71	18.45	19.63	19.86	19.91	19.8(-1.98%)	UD	OpenLong	75	0.1	83	50	15	285	2.25	76%	0.6	62.3	3.33%	0.1	1.5	88	1.7
5	Jan_19_2021	13.25	16.46	18.01	19.21	19.41	20.06	20.2(1.92%)	UT	HoldLong	65	0.5	90	270	26	281	3.03	77%	0.61	59.3	3.32%	0.8	1.9	86	1.3

6	Jan_15_2021	13.17	16.2	17.48	18.67	18.85	19.81	19.82(-0.55%)	UD	OpenLong	75	0.7	98	390	43	263	5.61	75%	0.61	57.6	3.3%	0.5	2.1	81	0.7
7	Jan_14_2021	13.09	15.96	16.93	18.07	18.08	18.77	19.93(8.43%)	UT	HoldLong	65	1.2	84	270	39	219	5.56	75%	0.54	55.5	3.32%	1.4	2.6	78	1.2
8	Jan_13_2021	13.02	15.71	16.39	17.48	17.45	17.88	18.38(3.72%)	UT	OpenLong	75	0.7	64	170	24	184	3.61	73%	0.46	54.6	3.19%	1.3	2.2	75	1.4
9	Jan_12_2021	12.96	15.52	15.98	17.11	17.2	17.39	17.72(1.26%)	UT	OpenLong	75	0.6	60	90	27	160	2.42	73%	0.47	50.5	3.19%	0.9	2.2	74	1.1
10	Jan_11_2021	12.9	15.37	15.66	16.62	16.94	17.03	17.5(3.92%)	UT	OpenLong	75	1	50	90	26	121	3.73	73%	0.39	38.9	3.2%	1.1	2.4	67	0.2

11	Jan_8_2021	12.85	15.25	15.4	16.09	16.42	17.01	16.84(-0.71%)	UD	OpenLong	75	1	42	310	28	85	3.82	73%	0.31	23.6	3.17%	-0.4	2.2	63	1.6
12	Jan_7_2021	12.81	15.16	15.22	15.6	15.87	16.85	16.96(2.66%)	UT	OpenLong	75	2.2	44	480	41	53	5.53	74%	0.39	1.9	3.22%	0.6	2.9	61	1.5
13	Jan_6_2021	12.76	15.08	15	15.13	15.21	15.83	16.52(8.04%)	UT	OpenLong	75	3	33	300	38	17	8.29	72%	0.31	-19	3.24%	1.1	3.1	61	-0.4
14	Jan_5_2021	12.72	15.02	14.81	14.69	14.69	14.89	15.29(2.89%)	N/A	N/A	0	1.8	2	100	11	-25	2.54	71%	0.16	-65.9	3.14%	1.7	0.8	56	-0.5
15	Jan_4_2021	12.7	15.04	14.79	14.57	14.54	14.59	14.86(3.55%)	DP	OpenShort	-75	0.8	-10	20	-0	-38	1.66	71%	0.16	-65.3	3.16%	1.6	-0.5	47	-1.6

16	Dec_31_2020	12.68	15.08	14.82	14.6	14.59	14.59	14.35(-1.98%)	DT	OpenShort	-75	-0.6	-17	-50	-9	-41	0.98	70%	0.16	-39.4	3.14%	-0.7	-1.7	39	1.2
17	Dec_30_2020	12.66	15.14	14.93	14.78	14.76	14.5	14.64(2.16%)	DP	OpenShort	-75	-0.4	-12	-130	-7	-25	1.39	70%	0.16	-15.9	3.13%	0.3	-1.3	44	1.3
18	Dec_29_2020	12.64	15.17	14.98	14.83	14.9	14.69	14.33(-2.25%)	DT	OpenShort	-75	-1.4	-15	-80	-10	-28	1.91	70%	0.08	4.5	3.12%	0.4	-2.3	34	0.2
19	Dec_28_2020	12.63	15.24	15.04	14.92	14.99	15.01	14.66(-2.27%)	DT	OpenShort	-75	-0.7	-12	20	-6	-29	1.17	70%	0.16	44.3	3.1%	0.4	-1.7	40	1.2
20	Dec_24_2020	12.61	15.27	15.09	15.03	14.98	15.11	15(-1.77%)	DT	OpenShort	-75	-0.1	-7	50	0	-27	0.78	70%	0.16	84.3	3.06%	-2.4	-0.8	39	1.3

21	Dec_23_2020	12.59	15.25	15.12	15.07	15	14.97	15.27(2.55%)	DP	OpenShort	-75	0.5	-8	-30	-0	-31	1.32	66%	0.08	89.7	3.05%	1.7	0.1	41	0.5
22	Dec_22_2020	12.58	15.21	15.1	15.11	15.06	14.85	14.89(0.61%)	DP	OpenShort	-75	-0.5	-14	-110	-7	-36	0.77	67%	0.16	91.3	3.15%	-0.4	-0.8	40	-0.7
23	Dec_21_2020	12.56	15.15	15.18	15.11	15.21	15.02	14.8(-2.57%)	DT	OpenShort	-75	-0.7	-9	-80	-4	-24	1.54	65%	0.16	77.1	3.16%	-1.4	-0.6	50	-1.6
24	Dec_18_2020	12.54	15.09	15.25	15.17	15.25	15.27	15.19(-0.2%)	DT	OpenShort	-75	0	-8	30	-1	-27	1.09	65%	0.16	66	3.17%	-1.6	0.1	43	1.2
25	Dec_17_2020	12.52	15.01	15.3	15.15	15.2	15.4	15.22(-1.42%)	DP	OpenShort	-65	0.1	-4	100	2	-21	1.18	65%		62.1	3.17%	-0.2	0.3	51	1.6
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.