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
MJ's Stochastic Oscillator stays in overbought zone for 1 day
Expect a price pull-back in the near future.
Technical Analysis (Indicators)
Bearish Trend Analysis
MJ moved below its 50-day moving average on May 30, 2025 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for MJ crossed bearishly below the 50-day moving average on June 05, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
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 July 02, 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.
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 46 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on July 02, 2025. You may want to consider a long position or call options on MJ as a result. In of 87 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for MJ just turned positive on June 30, 2025. Looking at past instances where MJ's MACD turned positive, the stock continued to rise in of 43 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.
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General Information
Category MiscellaneousSector
MJ and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, MJ has been loosely correlated with MSOS. These tickers have moved in lockstep 38% of the time. This A.I.-generated data suggests there is some statistical probability that if MJ jumps, then MSOS could also see price increases.