Trading Signals: MJ Stock Price Prediction and Forecast

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

Fri. Dec. 30, 2016

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

(ETFMG Alternative Harvest ETF)
MJ latest price $24.2000 (-1.1%) ($24.1300 - $24.5000) on Fri. Dec. 30, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.96% (three month average)
RSI   6
Latest Price   $24.2000(-1.1%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   MJ declines -2.3% a day on average for past five trading days.
Weekly Trend   MJ declines -4.7% a week on average for past two weeks.
Market Behavior   Growth stock 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(43%)    IVE(35%)    IWD(35%)    VT(34%)    VYM(34%)
Factors Impacting MJ price   MJ will decline at least -0.98% in a week (0% probabilities).
UUP(-15%)    VIXM(-14%)    TLT(-13%)    SHY(-2%)    IPO(-2%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.98% (StdDev 1.96%)
Hourly BBV 0 ()
Intraday Trend -1.2%

1 - 5 Day Possible Target   $17.68(-26.94%)
Resistance Level   $27.03
5 Day Moving Average   $25.58(-5.39%)
10 Day Moving Average   $26.34(-8.12%)
20 Day Moving Average   $27.03(-10.47%)
To recent high   -25.5%
To recent low   0%
Market Cap   $N/A

$. MJ price fluctuates within 4.29% (three month std-dev: 1.96%) daily (68% of days).

Sample size 4 Average positive next day return: 1.62%(75%) Average negative next day return: -1.66%(25%) Sample size 4 Average positive next three day return: 0.93%(75%) Average negative next three day return: -2.75%(25%) Sample size 4 Average positive next weekly return: 1.19%(75%) Average negative next weekly return: -2.63%(25%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170130

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	Dec_30_2016	29.67	27.03	26.34	25.58	20.12	24.47	24.2(-1.1%)	DT	HoldShort	-50	-1.2	-3	870	38	-127	0.01	30%	-0.27	-43.1	1.96%	0	-2.4	6	INF
2	Dec_29_2016	29.75	27.18	26.74	26.19	15.74	24.66	24.47(-1.01%)	N/A	N/A	0	-1.8	140	2770	196	-27	0.01	30%	-0.27	-38.2	1.96%	0	-2.8	9	INF
3	Dec_28_2016	29.83	27.36	27.12	26.74	16.37	15.77	24.72(-9.32%)	UD	OpenLong	75	-2.8	153	-1420	201	10	0	32%	-0.27	-29.2	1.96%	0	-3.6	14	INF
4	Dec_27_2016	29.91	27.51	27.47	27.22	17	6.82	27.26(0%)	DP	OpenShort	-65	0.1	-359	-5320	-410	-206	0	40%	-0.2	-22.8	1.61%	0	-0.6	53	INF
5	Dec_23_2016	29.97	27.52	27.55	27.2	22.11	16.98	27.26(0%)	DP	OpenShort	-65	0.2	-365	-2190	-419	-201	0	40%	-0.13	-24.6	1.59%	0	-0.7	55	INF

6	Dec_22_2016	30.01	27.54	27.63	27.23	27.22	27.18	27.26(0.18%)	DP	OpenShort	-75	0.1	-14	-10	-11	-23	0	44%	-0.13	-24.6	1.6%	0	-0.7	61	INF
7	Dec_21_2016	30.05	27.55	27.7	27.4	27.29	27.24	27.21(0.44%)	UT	OpenLong	75	-0.5	73	-20	84	39	0	44%	-0.13	-19	1.65%	0	-0.9	60	INF
8	Dec_20_2016	30.09	27.57	27.76	27.57	22.25	27.26	27.09(-0.37%)	UD	OpenLong	75	-1.3	74	1000	81	51	0	44%	-0.13	-12.3	1.65%	0	-1.3	41	INF
9	Dec_19_2016	30.13	27.6	27.79	27.77	17.19	27.35	27.19(-0.84%)	UD	OpenLong	75	-1.6	340	2990	391	188	0	44%	-0.13	7.7	1.65%	0	-1.1	47	INF
10	Dec_16_2016	30.17	27.62	27.8	27.95	12.13	17.23	27.42(-2.35%)	UD	OpenLong	75	-1.5	267	1250	301	163	0	44%	-0.1	26	1.65%	0	-0.6	51	INF

11	Dec_15_2016	30.2	27.64	27.77	28.07	12.29	17.23	28.08(0%)	N/A	N/A	0	0	-69	-4690	-95	8	0	43%	-0.1	27.6	1.63%	0	1.3	61	INF
12	Dec_14_2016	30.23	27.63	27.66	28.04	17.53	7.02	28.08(0%)	DP	OpenShort	-65	0.1	-334	-5320	-403	-125	0	43%	-0.1	-6.3	1.68%	0	1.3	61	INF
13	Dec_13_2016	30.26	27.62	27.61	27.97	22.73	17.55	28.08(0%)	DP	OpenShort	-65	0.3	-330	-2160	-398	-125	0	43%	-0.1	-59.3	1.68%	0	1.4	61	INF
14	Dec_12_2016	30.29	27.57	27.55	27.81	27.92	28.04	28.08(0.25%)	UT	OpenLong	75	0.8	18	40	15	26	0	40%	-0.1	-119.2	1.68%	0	1.5	57	INF
15	Dec_9_2016	30.32	27.53	27.48	27.63	27.72	27.92	28.01(0.29%)	UT	OpenLong	75	1.2	17	60	17	15	0	40%	-0.1	-184.5	1.72%	0	1.5	60	INF

16	Dec_8_2016	30.35	27.54	27.43	27.42	27.46	27.8	27.93(0.65%)	UT	OpenLong	75	1.4	90	90	109	34	0	40%	-0.1	-205.3	1.72%	0	1.1	51	INF
17	Dec_7_2016	30.38	27.65	27.38	27.22	22.18	27.52	27.75(1.8%)	N/A	N/A	0	0.7	6	1130	16	-23	0	40%	-0.1	-108.7	1.72%	0	0.1	43	INF
18	Dec_6_2016	30.41	27.82	27.35	27.21	21.98	27.12	27.26(0.18%)	UT	OpenLong	75	0	245	1060	299	84	0	38%	-0.1	-71.7	1.7%	0	-0.5	33	INF
19	Dec_5_2016	30.44	27.97	27.39	27.25	22.06	16.85	27.21(1%)	UT	OpenLong	75	-0	66	-2220	86	6	0	38%	-0.07	-68.7	1.7%	0	-0.6	52	INF
20	Dec_2_2016	30.46	28.13	27.42	27.31	17.04	16.84	26.94(0%)	DT	HoldShort	-50	-0.3	-347	-1210	-401	-183	0	41%	-0.1	-67.5	1.71%	0	-0.9	49	INF

21	Dec_1_2016	30.49	28.3	27.5	27.43	22.22	27.28	26.94(-2.78%)	UD	OpenLong	75	-0.3	309	1020	370	127	0	39%	-0.07	-67.9	1.74%	0	-1	33	INF
22	Nov_30_2016	30.51	28.47	27.61	27.55	17.21	17.24	27.71(0.87%)	RB	SmallLong	20	0.1	71	-1110	95	-3	0	42%	-0.03	-70.7	1.71%	0	-0.5	24	INF
23	Nov_29_2016	30.52	28.65	27.63	27.51	12.03	17.17	27.47(0%)	DP	OpenShort	-65	-0	-100	1300	-93	-122	0	42%	-0.07	-67.7	1.7%	0	-0.8	17	INF
24	Nov_28_2016	30.54	28.86	27.61	27.55	17.2	17.18	27.47(-0.25%)	UD	OpenLong	75	-0	227	-1140	302	1	0	42%	-0.03	-64.7	1.7%	0	-0.8	30	INF
25	Nov_25_2016	30.55	29.07	27.59	27.54	17.25	6.89	27.54(0%)	DP	OpenShort	-65	0	-376	-5320	-396	-317	0	42%		-62.9	1.7%	0	-0.9	30	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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