MJ Amplify Alternative Harvest ETF Forecast, Technical & Fundamental Analysis
The investment seeks investment results that generally correlate to the total return performance of the Prime Alternative Harvest Index... Show more
Momentum Indicator for MJ turns positive, indicating new upward trend
MJ saw its Momentum Indicator move above the 0 level on April 17, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 86 similar instances where the indicator turned positive. In of the 86 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where MJ's RSI Indicator exited the oversold zone, of 44 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for MJ just turned positive on April 16, 2025. Looking at past instances where MJ's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MJ advanced for three days, in of 203 cases, the price rose further within the following month. The odds of a continued upward trend are .
MJ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MJ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for MJ entered a downward trend on April 17, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category MiscellaneousSector
MJ and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, MJ has been closely correlated with MSOS. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if MJ jumps, then MSOS could also see price increases.