Trading Signals: MJ Stock Price Prediction and Forecast

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

Mon. Feb. 5, 2018

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

(ETFMG Alternative Harvest ETF)
MJ latest price $30.3400 (-0.26%) ($28.9000 - $32.4000) on Mon. Feb. 5, 2018.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.92% (three month average)
RSI   35
Latest Price   $30.3400(-0.26%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   MJ declines -3.7% a day on average for past five trading days.
Weekly Trend   MJ declines -5.5% 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(45%)    IVE(36%)    IWD(36%)    PAVE(35%)    VT(35%)
Factors Impacting MJ price   MJ will decline at least -1.46% in a week (0% probabilities).
UUP(-16%)    TLT(-14%)    VIXM(-13%)    SHY(-3%)    VXX(-2%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.46% (StdDev 2.92%)
Hourly BBV 0 ()
Intraday Trend 3.3%

1 - 5 Day Possible Target   $21.15(-30.29%)
Resistance Level   $35.78
5 Day Moving Average   $32.7(-7.22%)
10 Day Moving Average   $35.08(-13.51%)
20 Day Moving Average   $35.78(-15.2%)
To recent high   -21.9%
To recent low   4.7%
Market Cap   $N/A

$. MJ price fluctuates within 6.76% (three month std-dev: 2.92%) daily (68% of days).

Sample size 6 Average positive next day return: 0%(0%) Average negative next day return: -2.14%(100%) Sample size 6 Average positive next three day return: 2.85%(17%) Average negative next three day return: -4.08%(83%) Sample size 6 Average positive next weekly return: 3.86%(33%) Average negative next weekly return: -6.63%(67%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20180305

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	Feb_5_2018	31.79	35.78	35.08	32.7	32.67	30.71	30.34(-0.26%)	DT	OpenShort	-75	-1	-89	-420	-71	-141	1.92	51%	-0.06	-34.2	2.92%	0	-2.2	35	-2.9
2	Feb_2_2018	31.81	36.12	35.87	33.96	33.97	32.6	30.42(-7.57%)	DT	OpenShort	-75	-1.7	-81	-280	-79	-86	4	51%	-0.06	-14.6	2.92%	0	-2.8	44	-2.2
3	Feb_1_2018	31.83	36.41	36.54	35.41	35.52	34.62	32.91(-6.24%)	DT	OpenShort	-75	-1.6	-35	-170	-39	-22	1.54	56%	0.03	21.4	2.76%	0	-2.2	43	-0.5
4	Jan_31_2018	31.82	36.67	36.91	36.29	36.32	35.33	35.1(1.01%)	DP	OpenShort	-75	-0.8	-33	-190	-43	-1	0.89	60%	0.09	67.5	2.63%	0	-1.1	43	-1.6
5	Jan_30_2018	31.79	36.7	37.01	36.99	37.03	36.41	34.75(-5.16%)	N/A	N/A	0	-1.6	-30	-110	-44	12	1.39	59%	0.06	106.9	2.63%	0	-1.4	40	-1.9

6	Jan_29_2018	31.77	36.63	37.11	37.81	37.93	37.3	36.64(-2.68%)	N/A	N/A	0	-0.9	-3	-110	-16	35	0.87	62%	0.16	142.6	2.56%	0	0	44	-2.1
7	Jan_26_2018	31.72	36.42	36.84	38.08	38.24	37.64	37.65(0.86%)	N/A	N/A	0	-0.3	-3	-100	-14	31	1.2	65%	0.19	131.8	2.53%	0	0.7	55	136.8
8	Jan_25_2018	31.66	36.07	36.84	37.85	38.32	38.55	37.33(-3.27%)	UD	OpenLong	75	-0.3	12	80	5	32	1.13	65%	0.16	112.6	2.53%	0	0.7	58	137.4
9	Jan_24_2018	31.61	35.74	36.65	37.59	37.89	38.84	38.59(-0.64%)	UD	OpenLong	75	0.4	37	200	37	35	1.68	67%	0.25	90.8	2.49%	0	1.2	52	-1.4
10	Jan_23_2018	31.53	35.28	36.55	37.04	37.07	38.08	38.84(2.24%)	UT	OpenLong	75	0.7	44	190	48	33	2.28	65%	0.22	77.2	2.49%	0	1.4	59	0.1

11	Jan_22_2018	31.46	34.81	36.46	36.32	36.34	36.94	37.99(4.14%)	UT	OpenLong	75	0.7	42	120	43	39	1.26	65%	0.22	71.4	2.5%	0	1.3	66	0.9
12	Jan_19_2018	31.39	34.38	36.29	35.44	35.87	36.07	36.48(1.14%)	UT	OpenLong	75	0.4	18	80	16	23	0.48	63%	0.16	55.8	2.46%	0	0.8	65	1
13	Jan_18_2018	31.34	34.04	36.19	35.28	35.37	35.74	36.07(0.67%)	UT	HoldLong	50	0.3	4	80	-8	41	0.66	63%	0.19	50.5	2.46%	0	0.7	69	-INF
14	Jan_17_2018	31.28	33.73	36.35	35.59	35.55	35.68	35.83(1.7%)	UT	HoldLong	50	0.1	25	20	-2	106	0.82	63%	0.13	51.9	2.46%	0	0.7	68	INF
15	Jan_16_2018	31.24	33.4	36.34	36	36.07	35	35.23(4.91%)	UD	OpenLong	65	-0.2	16	-200	-31	158	1.59	63%	0.16	54.4	2.45%	0	0.5	69	INF

16	Jan_12_2018	31.19	33.11	36.13	36.64	36.72	35.43	33.58(-5.94%)	UD	OpenLong	65	-0.9	8	-240	-60	213	2.85	61%	0.06	58.6	2.36%	0	0.1	67	INF
17	Jan_11_2018	31.17	32.9	36.04	37.21	37.6	37.14	35.7(-5.03%)	UD	OpenLong	65	-0.4	64	-50	-16	304	2.03	66%	0.16	62.1	2.23%	0	0.8	74	INF
18	Jan_10_2018	31.12	32.58	35.54	37.17	37.41	38.01	37.59(-0.82%)	UD	OpenLong	75	0.1	90	130	5	345	0.92	72%	0.19	61.7	2.13%	0	1.4	80	INF
19	Jan_9_2018	31.06	32.14	34.83	37.21	36.93	38.06	37.9(-1.35%)	UD	OpenLong	75	0.2	129	190	44	384	3.11	68%	0.23	64.6	2.13%	0	1.7	78	INF
20	Jan_8_2018	30.99	31.68	33.98	36.74	36.73	36.82	38.42(5.4%)	UT	HoldLong	65	0.5	145	20	66	381	2.82	68%	0.26	64.6	2.16%	0	2.1	81	INF

21	Jan_5_2018	30.91	31.19	33.04	35.57	35.89	35.81	36.45(2.76%)	UT	HoldLong	65	0.3	94	10	16	327	2.54	65%	0.19	60.9	2.06%	0	1.8	79	INF
22	Jan_4_2018	30.85	30.81	32.31	34.68	35.15	36.64	35.47(-6.19%)	UD	OpenLong	75	0.3	126	340	64	312	6.67	64%	0.13	56.3	2.03%	0	1.8	77	INF
23	Jan_3_2018	30.81	30.49	31.69	33.61	34.03	35.97	37.81(6.3%)	UT	HoldLong	65	1.8	181	440	138	309	6	73%	0.23	48	1.87%	0	3.1	89	INF
24	Jan_2_2018	30.74	30.04	30.82	32.1	32.44	33.66	35.57(9.21%)	UT	HoldLong	65	2.1	139	300	108	232	4.9	68%	0.16	43.2	1.71%	0	3.4	86	INF
25	Dec_29_2017	30.69	29.71	30.13	30.83	31.64	32.08	32.57(1.78%)	UT	HoldLong	65	1.9	114	180	91	182	1.86	61%		35.5	1.27%	0	3.1	80	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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