Trading Signals: MJ Stock Price Prediction and Forecast

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

Fri. Sep. 2, 2016

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

(ETFMG Alternative Harvest ETF)
MJ latest price $31.2100 (2.29%) ($31.2000 - $31.2100) on Fri. Sep. 2, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.33% (three month average)
RSI   29
Latest Price   $31.2100(2.29%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   MJ advances 0.1% a day on average for past five trading days.
Weekly Trend   MJ declines -1% 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%)    IVE(35%)    IWD(35%)    VT(34%)    SDY(33%)
Factors Impacting MJ price   MJ will decline at least -0.665% in a week (0% probabilities).
VIXM(-14%)    UUP(-14%)    TLT(-12%)    SHY(-2%)    IPO(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.665% (StdDev 1.33%)
Hourly BBV 0 ()
Intraday Trend 0%

Resistance Level   $31.44
5 Day Moving Average   $31.01(0.64%)
10 Day Moving Average   $31.09(0.39%)
20 Day Moving Average   $31.44(-0.73%)
To recent high   -2.8%
To recent low   14.1%
Market Cap   $N/A

$. MJ price fluctuates within 1.43% (three month std-dev: 1.33%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20161002

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_2_2016	29.54	31.44		31.01	19.32	30.86	31.21(2.29%)	UT	OpenLong	75	0.4	477	3050	574	186	0	65%	0.07	-18.9	1.33%	0	-0.5	29	INF
2	Sep_1_2016	29.52	31.47	31.09	30.99	13.46	19.14	30.51(-1.93%)	UD	OpenLong	75	-1.1	463	1260	562	166	0	63%	0.03	-14	1.3%	0	-2.1	3	INF
3	Aug_31_2016	29.51	31.52	31.18	31.11	7.78	19.14	31.11(0%)	DT	HoldShort	-50	0	-133	-2250	-138	-117	0	67%	0.1	0.8	1.28%	0	-1	4	INF
4	Aug_30_2016	29.48	31.53	31.24	31.14	13.61	19.14	31.11(0%)	DT	HoldShort	-50	-0.1	-18	-4690	-2	-65	0	67%	0.07	8.3	1.28%	0	-1	4	INF
5	Aug_29_2016	29.46	31.52	31.31	31.17	13.62	7.78	31.11(0%)	DT	HoldShort	-50	-0.1	-518	-4690	-590	-303	0	67%	0.14	9.2	1.29%	0	-1	4	INF

6	Aug_26_2016	29.42	31.53	31.4	31.19	13.62	19.44	31.11(0%)	DT	HoldShort	-50	-0.2	-17	-1150	-2	-63	0	67%	0.14	11.5	1.29%	0	-1	29	INF
7	Aug_25_2016	29.38	31.54	31.49	31.21	19.5	19.46	31.11(-0.48%)	DT	OpenShort	-75	-0.2	-21	-1140	-7	-61	0	67%	0.14	12.6	1.29%	0	-1	28	INF
8	Aug_24_2016	29.34	31.52	31.59	31.26	19.53	19.55	31.26(0%)	DP	OpenShort	-65	0	-131	-1120	-140	-102	0	67%	0.14	10.5	1.3%	0	-0.5	51	INF
9	Aug_23_2016	29.3	31.5	31.68	31.36	25.41	19.54	31.26(0.16%)	UT	OpenLong	75	-0.2	103	-2190	129	26	0	67%	0.1	16	1.31%	0	-0.5	58	INF
10	Aug_22_2016	29.27	31.5	31.76	31.47	19.58	19.51	31.21(0%)	DT	HoldShort	-50	-0.5	-498	-1160	-586	-235	0	67%	0.1	24.4	1.33%	0	-0.6	64	INF

11	Aug_19_2016	29.24	31.5	31.83	31.64	25.59	31.28	31.21(-0.41%)	UD	OpenLong	75	-0.9	363	980	421	189	0	61%	0.1	39.6	1.34%	0	-0.5	53	INF
12	Aug_18_2016	29.21	31.48	31.9	31.82	25.81	19.64	31.34(-1.42%)	UD	OpenLong	75	-1	105	-2240	111	87	0	61%	0.14	67.3	1.38%	0	-0.3	56	INF
13	Aug_17_2016	29.17	31.47	31.91	31.97	19.98	19.9	31.79(0%)	DT	HoldShort	-50	-0.3	-359	-1150	-441	-112	0	64%	0.1	90.3	1.38%	0	0.6	74	INF
14	Aug_16_2016	29.14	31.42	31.85	32.03	20	31.97	31.79(-0.9%)	UD	OpenLong	75	-0.4	490	3060	554	298	0	64%	0.17	102.9	1.39%	0	0.7	73	INF
15	Aug_15_2016	29.09	31.36	31.77	32.1	20	20.06	32.08(-0.06%)	UD	OpenLong	75	-0	390	1310	435	256	0	64%	0.1	115.6	1.39%	0	1.3	71	INF

16	Aug_12_2016	29.06	31.28	31.68	32.04	14.04	20.06	32.1(0%)	N/A	N/A	0	0.1	-86	-4680	-125	31	0	66%	0.17	102.8	1.4%	0	1.2	65	INF
17	Aug_11_2016	29.01	31.15	31.59	31.98	20	8.03	32.1(0%)	DP	OpenShort	-65	0.2	-439	-5310	-539	-138	0	66%	0.14	96.3	1.43%	0	1.3	65	INF
18	Aug_10_2016	28.97	31.01	31.44	31.84	25.95	20.06	32.1(0%)	DP	OpenShort	-65	0.3	-435	-2140	-530	-150	0	69%	0.14	91.6	1.43%	0	1.3	66	INF
19	Aug_9_2016	28.93	30.87	31.29	31.64	31.78	31.97	32.1(0.98%)	UT	OpenLong	75	0.6	29	60	20	55	0	65%	0.14	81.8	1.47%	0	1.5	71	INF
20	Aug_8_2016	28.89	30.73	31.17	31.39	31.54	31.84	31.79(-0.13%)	UD	OpenLong	75	0.5	23	80	18	39	0	65%	0.14	71.9	1.49%	0	1.3	68	INF

21	Aug_5_2016	28.85	30.6	31.1	31.27	31.28	31.6	31.83(1.5%)	UT	OpenLong	75	0.6	126	70	139	86	0.01	65%	0.17	60.1	1.49%	0	1.3	71	INF
22	Aug_4_2016	28.8	30.43	31.02	31.14	25.27	31.24	31.36(0.77%)	UT	HoldLong	65	0.2	25	1090	16	51	0	61%	0.21	49.8	1.49%	0	1	79	INF
23	Aug_3_2016	28.74	30.28	30.98	30.99	25.23	30.97	31.12(0.94%)	UT	HoldLong	65	0.1	348	1030	393	212	0	61%	0.17	46.2	1.51%	0	0.9	78	INF
24	Aug_2_2016	28.69	30.21	30.94	30.89	25.11	19.31	30.83(-1.19%)	UD	OpenLong	65	-0.1	12	-2180	-6	65	0	57%	0.1	49.8	1.5%	0	0.7	77	INF
25	Aug_1_2016	28.66	30.14	30.93	30.91	25.07	19.5	31.2(0%)	DP	OpenShort	-65	0.3	-392	-2120	-486	-109	0	57%		58.1	1.53%	0	1.1	84	INF
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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