Trading Signals: MJ Stock Price Prediction and Forecast

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

Tue. Nov. 14, 2017

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

(ETFMG Alternative Harvest ETF)
MJ latest price $29.1500 (-1.19%) ($29.0900 - $29.6500) on Tue. Nov. 14, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   0.86% (three month average)
RSI   32
Latest Price   $29.1500(-1.19%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   MJ declines -0.6% a day on average for past five trading days.
Weekly Trend   MJ declines -0.7% a week on average for past two weeks.
Market Behavior   Broad based 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(44%)    IVE(36%)    IWD(36%)    PAVE(34%)    SDY(34%)
Factors Impacting MJ price   MJ will decline at least -0.43% in a week (0% probabilities).
UUP(-15%)    TLT(-14%)    VIXM(-13%)    SHY(-3%)    IGOV(-0%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.43% (StdDev 0.86%)
Hourly BBV 0 ()
Intraday Trend -1.7%

1 - 5 Day Possible Target   $26.74(-8.27%)
Resistance Level   $30.17
5 Day Moving Average   $29.72(-1.92%)
10 Day Moving Average   $29.92(-2.57%)
20 Day Moving Average   $30.17(-3.38%)
To recent high   -10.7%
To recent low   0%
Market Cap   $N/A

$. MJ price fluctuates within 1.69% (three month std-dev: 0.86%) daily (68% of days).

Sample size 21 Average positive next day return: 1.12%(48%) Average negative next day return: -0.99%(52%) Sample size 21 Average positive next three day return: 1.65%(62%) Average negative next three day return: -1.25%(38%) Sample size 21 Average positive next weekly return: 1.36%(57%) Average negative next weekly return: -1.49%(43%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20171214

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	Nov_14_2017	30.99	30.17	29.92	29.72	29.69	29.45	29.15(-1.19%)	DT	OpenShort	-75	-1.1	-41	-60	-33	-63	0	35%	-0.03	-62.7	0.86%	0	-2	32	INF
2	Nov_13_2017	31	30.26	30	29.91	29.88	29.64	29.5(-0.84%)	DT	OpenShort	-75	-0.8	-37	-60	-33	-47	0	37%	0	-56.8	0.86%	0	-1.6	38	INF
3	Nov_10_2017	31	30.34	30.03	30.06	30.02	29.93	29.75(-0.9%)	UD	OpenLong	75	-0.6	142	-20	176	41	0	37%	0.03	-51.3	0.86%	0	-1.2	38	INF
4	Nov_9_2017	30.99	30.41	30.1	30.15	24.47	30.12	30.02(-0.6%)	UD	OpenLong	75	-0.3	157	1050	194	46	0	38%	0.03	-57.4	0.86%	0	-0.8	30	INF
5	Nov_8_2017	30.98	30.46	30.1	30.19	18.83	30.11	30.2(0.33%)	UT	OpenLong	75	0	555	3060	664	227	0	38%	0	-67.5	0.85%	0	-0.6	34	INF

6	Nov_7_2017	30.98	30.49	30.1	30.16	18.88	18.83	30.1(-0.4%)	UD	OpenLong	75	-0.1	552	-1140	669	202	0	38%	0	-79.6	0.85%	0	-0.8	29	INF
7	Nov_6_2017	30.98	30.54	30.14	30.09	18.86	7.56	30.22(0%)	DP	OpenShort	-65	0.3	-583	-5310	-659	-356	0	38%	0	-91.9	0.85%	0	-0.7	38	INF
8	Nov_3_2017	30.98	30.59	30.15	29.99	18.83	18.92	30.22(0%)	DP	OpenShort	-65	0.4	-763	-1080	-862	-467	0	38%	0.03	-85	0.85%	0	-0.6	36	INF
9	Nov_2_2017	30.97	30.68	30.23	30.04	24.39	30.17	30.22(0.6%)	UT	OpenLong	75	0.3	709	1090	869	228	0	38%	0	-71.6	0.85%	0	-0.7	36	INF
10	Nov_1_2017	30.97	30.78	30.3	30.08	18.72	18.74	30.04(1.01%)	DP	OpenShort	-75	-0.1	-29	-1130	-0	-115	0	38%	0.03	-60.2	0.85%	0	-1	36	INF

11	Oct_31_2017	30.96	30.88	30.42	30.12	18.84	18.62	29.74(0%)	DT	HoldShort	-50	-0.5	-210	-1210	-215	-194	0	35%	0	-53.4	0.84%	0	-1.6	31	INF
12	Oct_30_2017	30.96	31	30.54	30.2	24.55	18.71	29.74(-2.33%)	DT	OpenShort	-75	-0.7	-56	-2230	-36	-115	0	35%	0	-53.4	0.84%	0	-1.8	30	INF
13	Oct_27_2017	30.96	31.1	30.69	30.33	24.68	19.06	30.45(0%)	DP	OpenShort	-65	0.2	-818	-2150	-935	-468	0	39%	0	-55.7	0.8%	0	-1	34	INF
14	Oct_26_2017	30.96	31.16	30.75	30.46	30.42	30.4	30.45(0.76%)	DP	OpenShort	-75	-0	-32	-10	-8	-104	0	39%	0.03	-57.7	0.8%	0	-1.2	24	INF
15	Oct_25_2017	30.95	31.21	30.81	30.57	30.57	30.29	30.22(0.2%)	DP	OpenShort	-75	-0.6	-58	-60	-35	-128	0	39%	0.03	-62.4	0.8%	0	-1.7	19	INF

16	Oct_24_2017	30.94	31.28	30.89	30.78	30.78	30.45	30.16(-0.63%)	DT	HoldShort	-65	-1.1	-69	-80	-47	-134	0	39%	0	-65.4	0.8%	0	-2	18	INF
17	Oct_23_2017	30.94	31.37	30.98	30.93	31.02	30.86	30.35(-2.41%)	DT	HoldShort	-65	-1.1	-57	-30	-32	-133	0.01	39%	0.03	-66.9	0.79%	0	-2	24	INF
18	Oct_20_2017	30.93	31.46	31.07	31.08	31.13	31.11	31.1(0.26%)	RB	SmallLong	20	0	166	0	230	-27	0	44%	0.06	-67.3	0.74%	0	-0.7	40	INF
19	Oct_19_2017	30.91	31.52	31.17	31.09	31.13	31.19	31.02(-0.77%)	DT	HoldShort	-50	-0.1	-24	1070	4	-108	0	44%	0.06	-64.8	0.74%	0	-1	38	INF
20	Oct_18_2017	30.89	31.58	31.28	31.08	25.3	31.15	31.26(1.1%)	UT	OpenLong	75	0.3	870	1060	1051	325	0	46%	0.06	-61.4	0.73%	0	-0.6	49	INF

21	Oct_17_2017	30.87	31.65	31.37	31.02	19.42	19.41	30.92(-0.64%)	DT	OpenShort	-75	-0.2	-26	-1130	-4	-90	0.01	48%	0	-59.8	0.72%	0	-1.3	43	INF
22	Oct_16_2017	30.87	31.71	31.48	31.04	19.4	19.45	31.12(0%)	DP	OpenShort	-65	0.1	-220	-1110	-235	-176	0	48%	0.03	-59.5	0.75%	0	-1.1	35	INF
23	Oct_13_2017	30.86	31.79	31.54	31.06	25.27	19.43	31.12(0.48%)	DP	OpenShort	-75	0.1	-36	-2180	-17	-94	0	48%	0.06	-54.9	0.76%	0	-1.2	35	INF
24	Oct_12_2017	30.84	31.86	31.6	31.28	25.36	19.36	30.97(0%)	DT	HoldShort	-50	-0.6	-695	-2220	-796	-393	0	54%	0.03	-42.8	0.76%	0	-1.7	27	INF
25	Oct_11_2017	30.83	31.92	31.65	31.52	25.44	31.11	30.97(-0.16%)	DT	OpenShort	-75	-1.1	-53	980	-45	-78	0	54%		-31.8	0.81%	0	-1.9	29	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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