Trading Signals: MJ Stock Price Prediction and Forecast

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

Fri. May. 20, 2016

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

(ETFMG Alternative Harvest ETF)
MJ latest price $28.2600 (1.51%) ($28.1600 - $28.2800) on Fri. May. 20, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.96% (three month average)
RSI   42
Latest Price   $28.2600(1.51%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   MJ declines -0.7% a day on average for past five trading days.
Weekly Trend   MJ declines -0.9% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support MJ advance at 0% a week (0% probability)
IYT(42%)    IWD(35%)    IVE(34%)    VT(34%)    SDY(33%)
Factors Impacting MJ price   MJ will decline at least -0.98% in a week (0% probabilities).
VIXM(-14%)    UUP(-14%)    TLT(-12%)    SHY(-2%)    IBUY(-1%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.98% (StdDev 1.96%)
Hourly BBV 0 ()
Intraday Trend 0.3%

Resistance Level   $29
5 Day Moving Average   $28.58(-1.12%)
10 Day Moving Average   $28.86(-2.08%)
20 Day Moving Average   $29(-2.55%)
To recent high   -5.7%
To recent low   22.3%
Market Cap   $N/A

$. MJ price fluctuates within 1.72% (three month std-dev: 1.96%) daily (68% of days).

Sample size 2 Average positive next day return: 1.15%(50%) Average negative next day return: -0.04%(50%) Sample size 2 Average positive next three day return: 3.73%(100%) Average negative next three day return: %(0%) Sample size 2 Average positive next weekly return: 3.25%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20160620

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	May_20_2016	26.15	29	28.86	28.58	28.38	28.06	28.26(1.51%)	DP	OpenShort	-75	-0.6	-19	-100	-15	-32	0.01	69%	0.15	-16.9	1.96%	0	-1.5	42	0
2	May_19_2016	26.11	29.03	28.93	28.78	28.65	28.2	27.84(-2.73%)	DT	OpenShort	-75	-2	-33	-120	-32	-37	0	69%	0.12	-8.6	1.97%	0	-2.5	32	0
3	May_18_2016	26.08	29.09	29.06	29.17	29	28.7	28.62(-0.8%)	DT	OpenShort	-75	-1.4	-18	-90	-19	-14	0.01	73%	0.19	14.9	1.94%	0	-1.2	44	0
4	May_17_2016	26.03	29.09	29.07	29.29	29.29	29.11	28.85(-1.57%)	DT	OpenShort	-75	-1.2	-9	-40	-9	-10	0	73%	0.15	19.8	1.93%	0	-0.7	46	0
5	May_16_2016	25.99	29.11	29.12	29.36	29.37	29.31	29.31(0.07%)	UT	OpenLong	75	-0.1	3	-10	3	1	0	73%	0.12	29.8	1.91%	0	0.5	53	0

6	May_13_2016	25.96	29.09	29.11	29.17	29.35	29.46	29.29(-1.71%)	N/A	N/A	0	0.3	4	40	6	-3	0	73%	0.19	20.6	1.92%	0	0.5	57	0
7	May_12_2016	25.91	29.07	29.16	29.11	29.12	29.44	29.8(2.12%)	UT	OpenLong	75	1.8	13	80	14	9	0	73%	0.23	37.4	1.91%	0	1.9	62	0
8	May_11_2016	25.85	29.07	29.12	28.94	28.96	29.23	29.18(-0.14%)	UD	OpenLong	75	0.7	13	70	16	5	0	72%	0.19	55.6	1.9%	0	0.4	54	0
9	May_10_2016	25.8	29.03	29.13	28.84	28.88	28.8	29.22(3.03%)	N/A	N/A	0	1.1	3	-20	4	-1	0	66%	0.19	68.6	1.9%	0	0.5	54	0
10	May_9_2016	25.75	29	29.12	28.85	28.76	28.69	28.36(-2.14%)	UD	OpenLong	75	-1.3	59	-30	69	28	0	64%	0.16	79.7	1.93%	0	-1.7	45	0

11	May_6_2016	25.71	29.01	29.16	29.03	23.48	28.96	28.98(0.1%)	N/A	N/A	0	-0.1	-3	1060	-6	6	0	67%	0.16	74.3	1.89%	0	-0.1	53	0
12	May_5_2016	25.67	28.93	29.16	29.23	23.63	28.83	28.95(0.91%)	UT	OpenLong	75	-0.4	240	970	277	129	0	67%	0.2	60.4	1.91%	0	0	53	0
13	May_4_2016	25.62	28.85	29.13	29.32	23.84	18	28.69(-1.95%)	N/A	N/A	0	-0.9	-11	-2280	-19	14	0	73%	0.16	53.3	1.91%	0	-0.2	43	0
14	May_3_2016	25.58	28.79	29.16	29.46	24.02	18.43	29.26(0%)	DT	HoldShort	-50	-0.3	-278	-2180	-334	-109	0	76%	0.16	51.5	2.17%	0	0.6	51	0
15	May_2_2016	25.54	28.7	29.12	29.43	29.48	29.67	29.26(-2.4%)	UD	OpenLong	75	-0.2	13	50	7	29	0	76%	0.2	46	2.17%	0	0.7	62	0

16	Apr_29_2016	25.49	28.63	29.08	29.3	29.34	29.61	29.98(1.9%)	UT	HoldLong	65	0.9	24	70	21	32	0	79%	0.16	46	2.12%	0	1.8	77	0
17	Apr_28_2016	25.45	28.54	28.96	29.02	29.05	29.28	29.42(0.14%)	UT	HoldLong	65	0.6	16	60	12	29	0	79%	0.2	46.9	2.12%	0	1.3	84	0
18	Apr_27_2016	25.4	28.47	28.93	28.91	28.84	29.07	29.38(1%)	UT	HoldLong	65	0.7	83	50	86	72	0	79%	0.16	45.1	2.12%	0	1.4	84	0
19	Apr_26_2016	25.36	28.4	28.9	28.82	23.36	28.82	29.09(1.68%)	UT	OpenLong	75	0.4	17	1070	6	51	0	79%	0.16	41.8	2.13%	0	1.1	74	0
20	Apr_25_2016	25.32	28.35	28.85	28.78	23.35	28.61	28.61(0.07%)	UT	OpenLong	75	-0.3	227	1010	250	158	0	79%	0.12	39	2.12%	0	0.4	71	0

21	Apr_22_2016	25.29	28.28	28.84	28.83	23.42	17.91	28.59(-1.07%)	UD	OpenLong	75	-0.4	76	-2210	69	96	0	79%	0.12	34.2	2.13%	0	0.5	64	0
22	Apr_21_2016	25.26	28.22	28.72	28.89	18.07	18.09	28.9(0%)	DP	OpenShort	-65	0	-268	-1120	-334	-70	0	66%	0.16	40.4	2.12%	0	0.9	57	0
23	Apr_20_2016	25.22	28.17	28.55	28.94	23.5	28.93	28.9(0%)	UD	OpenLong	65	-0.1	251	1050	280	162	0	66%	0.16	56	2.51%	0	1	60	0
24	Apr_19_2016	25.18	28.14	28.41	29	18.08	18.06	28.9(0.1%)	UT	OpenLong	75	-0.1	13	-1140	1	49	0	66%	0.16	74	2.51%	0	1.1	60	0
25	Apr_18_2016	25.14	28.09	28.27	28.92	18.15	18.07	28.87(0%)	N/A	N/A	0	-0.1	-42	-1150	-62	17	0	66%		82.3	2.51%	0	1.2	59	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

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