Trading Signals: MJ Stock Price Prediction and Forecast

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Mon. Mar. 13, 2017

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

(ETFMG Alternative Harvest ETF)
MJ latest price $27.8300 (-0.25%) ($27.8300 - $27.9000) on Mon. Mar. 13, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.62% (three month average)
RSI   46
Latest Price   $27.8300(-0.25%)
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 -0.3% a week on average for past two weeks.
Market Behavior   Growth stock 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(43%)    IVE(35%)    IWD(35%)    VT(34%)    VYM(34%)
Factors Impacting MJ price   MJ will decline at least -0.81% in a week (0% probabilities).
UUP(-15%)    VIXM(-14%)    TLT(-13%)    SHY(-2%)    IPO(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.81% (StdDev 1.62%)
Hourly BBV 0 ()
Intraday Trend -0.3%

5 Day Moving Average   $27.76(0.25%)
10 Day Moving Average   $27.76(0.25%)
20 Day Moving Average   $27.76(0.25%)
To recent high   -0.9%
To recent low   15%
Market Cap   $N/A

$. MJ price fluctuates within 0.9% (three month std-dev: 1.62%) 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

> 20170413

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	Mar_13_2017	27.48	27.76	27.76	27.76	27.68	27.86	27.83(-0.25%)	N/A	N/A	0	0.3	8	40	13	-7	0	35%	-0.15	67.8	1.62%	0	0.3	46	INF
2	Mar_10_2017	27.52	27.73	27.75	27.74	27.7	27.47	27.9(3.03%)	DP	OpenShort	-75	0.6	-2	-60	0	-9	0	35%	-0.15	70.2	1.61%	0	0.7	58	INF
3	Mar_9_2017	27.56	27.73	27.76	27.71	27.71	27.5	27.08(-2.97%)	DT	OpenShort	-75	-2.2	-23	-50	-25	-16	0	25%	-0.22	70.5	1.58%	0	-2.1	46	INF
4	Mar_8_2017	27.62	27.7	27.85	27.71	27.89	27.5	27.91(-0.61%)	UD	OpenLong	75	0.1	90	10	103	51	0	30%	-0.14	92	1.53%	0	0.7	53	INF
5	Mar_7_2017	27.66	27.65	27.86	27.88	22.66	27.93	28.08(1.23%)	UT	OpenLong	75	0.6	12	1070	9	19	0	36%	-0.07	92.3	1.53%	0	1.2	60	INF

6	Mar_6_2017	27.68	27.59	27.85	27.76	22.62	27.86	27.74(-0.07%)	UD	OpenLong	75	-0.1	293	1070	341	150	0	36%	-0.14	92	1.54%	0	0.4	56	INF
7	Mar_3_2017	27.72	27.55	27.82	27.77	22.62	27.86	27.76(-0.54%)	UD	OpenLong	65	-0	2	-2160	-2	13	0	36%	-0.11	101.4	1.53%	0	0.5	59	INF
8	Mar_2_2017	27.75	27.5	27.8	27.81	22.62	17.39	27.91(0%)	DP	OpenShort	-65	0.2	-279	-2170	-335	-111	0	36%	-0.11	101.8	1.54%	0	0.9	65	INF
9	Mar_1_2017	27.78	27.41	27.79	27.81	22.53	17.39	27.91(1.49%)	UT	HoldLong	50	0.2	8	1030	-1	36	0	32%	-0.11	93.5	1.54%	0	1	69	INF
10	Feb_28_2017	27.81	27.32	27.79	27.83	22.56	27.67	27.5(-0.9%)	UD	OpenLong	75	-0.6	287	1020	324	176	0	32%	-0.14	82.9	1.55%	0	0.3	66	INF

11	Feb_27_2017	27.85	27.24	27.75	27.95	22.68	17.39	27.75(-0.86%)	UD	OpenLong	75	-0.3	18	-2200	2	65	0	32%	-0.11	80.6	1.55%	0	0.8	69	INF
12	Feb_24_2017	27.88	27.15	27.72	27.87	22.66	17.45	27.99(0%)	DP	OpenShort	-65	0.2	-354	-2170	-436	-109	0	32%	-0.11	76.7	1.54%	0	1.2	72	INF
13	Feb_23_2017	27.91	27.04	27.64	27.78	27.75	27.96	27.99(0.18%)	UT	HoldLong	65	0.3	23	50	7	70	0	32%	-0.11	77.7	1.56%	0	1.3	78	INF
14	Feb_22_2017	27.94	26.95	27.53	27.74	27.66	27.86	27.94(-0.43%)	UD	OpenLong	75	0.3	32	40	16	80	0	32%	-0.11	85.2	1.56%	0	1.4	80	INF
15	Feb_21_2017	27.97	26.84	27.42	27.65	27.58	27.54	28.06(2.52%)	UT	HoldLong	65	0.6	28	-20	9	85	0	32%	-0.18	88.4	1.56%	0	1.7	85	INF

16	Feb_17_2017	28.02	26.72	27.3	27.65	27.51	27.47	27.37(-0.69%)	UD	OpenLong	65	-0.2	18	-10	-5	88	0	22%	-0.14	85.4	1.52%	0	0.9	82	INF
17	Feb_16_2017	28.06	26.62	27.26	27.54	27.49	27.62	27.56(-0.68%)	UD	OpenLong	75	0	33	30	7	111	0	22%	-0.11	79.2	1.52%	0	1.1	87	INF
18	Feb_15_2017	28.09	26.48	27.16	27.46	27.45	27.55	27.75(0.8%)	UT	HoldLong	65	0.3	43	20	17	121	0	33%	-0.07	75.1	1.52%	0	1.5	93	INF
19	Feb_14_2017	28.11	26.34	27.01	27.29	27.31	27.37	27.53(0.11%)	UT	HoldLong	65	0.3	35	20	11	106	0	33%	-0.11	73.7	1.56%	0	1.4	78	INF
20	Feb_13_2017	28.14	26.22	26.85	27.15	27.16	27.34	27.5(0.44%)	UT	HoldLong	65	0.4	33	50	11	99	0.01	33%	-0.11	73.4	1.56%	0	1.6	81	INF

21	Feb_10_2017	28.17	26.1	26.69	27.03	27.01	27.25	27.38(0.85%)	UT	HoldLong	65	0.5	33	60	14	89	0	22%	-0.11	73.2	1.65%	0	1.7	80	INF
22	Feb_9_2017	28.2	25.98	26.54	26.95	26.89	26.98	27.15(1%)	UT	HoldLong	65	0.3	30	20	12	83	0	20%	-0.07	74.4	1.85%	0	1.6	84	INF
23	Feb_8_2017	28.22	25.85	26.4	26.82	26.83	26.78	26.88(0.19%)	UT	HoldLong	65	0.1	27	-10	7	85	0	27%	-0.11	69.2	1.9%	0	1.4	85	INF
24	Feb_7_2017	28.25	25.74	26.32	26.69	26.71	26.79	26.83(-0.22%)	UD	OpenLong	75	0.2	28	20	8	88	0	27%	-0.11	66.2	1.95%	0	1.5	80	INF
25	Feb_6_2017	28.28	25.64	26.21	26.5	26.52	26.88	26.89(-0.33%)	UD	OpenLong	75	0.6	36	100	18	88	0	27%		67.4	1.95%	0	1.8	73	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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