Trading Signals: ERX Stock Price Prediction and Forecast

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

Thu. Dec. 17, 2009

Trading Signals: ERX Stock Price Prediction and Forecast (Thu. Nov. 6, 2008 - Fri. Dec. 22, 2023)

(Direxion Daily Energy Bull 3X ETF)
ERX latest price $380.4000 (-2.08%) ($376.4000 - $389.2000) on Thu. Dec. 17, 2009.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.33% (three month average)
RSI   45
Latest Price   $380.4000(-2.08%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 0.4% a day on average for past five trading days.
Weekly Trend   ERX declines -1.4% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support ERX advance at 0% a week (0% probability)
OIH(89%)    XOP(88%)    IWM(71%)    SPY(71%)    EEM(65%)
Factors Impacting ERX price   ERX will decline at least -2.165% in a week (0% probabilities).
TLT(-34%)    SHY(-9%)    TIP(-1%)    IGOV(5%)    LQD(6%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.165% (StdDev 4.33%)
Hourly BBV 0 ()
Intraday Trend -0.3%

Resistance Level   $389
5 Day Moving Average   $381.94(-0.4%)
10 Day Moving Average   $376.29(1.09%)
20 Day Moving Average   $389(-2.21%)
To recent high   -27.7%
To recent low   6.6%
Market Cap   $N/A

Average daily price decay: -0.02%

$. ERX is a 3x leveraged ETF. You'll lose 0.02% a day on average for holding it.$. ERX price fluctuates within 4.9% (three month std-dev: 4.33%) 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

> 20100117

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	Dec_17_2009	399.14	389	376.29	381.94	385.33	386.5	380.4(-2.08%)	N/A	N/A	0	-0.1	0	50	6	-18	0.26	42%	0.17	-99	4.33%	0	-0.5	45	0
2	Dec_16_2009	398.46	393.24	376.6	380.32	383.47	387.31	388.5(1.33%)	N/A	N/A	0	0.3	59	90	80	-3	0.31	45%	0.14	-74.8	4.33%	0	-0.2	36	0
3	Dec_15_2009	397.92	397.39	377.37	374.76	378.15	384.15	383.4(0.18%)	N/A	N/A	0	0.3	69	140	95	-10	0.2	45%	0.08	-65.6	4.42%	0	-0.4	40	0
4	Dec_14_2009	397.59	402	379.39	370.12	372.53	379.63	382.7(2.14%)	N/A	N/A	0	0.3	88	150	120	-8	0.26	45%	0.09	-60.3	4.43%	0	-0.5	43	0
5	Dec_11_2009	397.23	405.33	380.17	369.16	367.46	372.15	374.7(0.64%)	RB	SmallLong	20	0.1	44	80	69	-30	0.28	45%	0.1	-59.3	4.43%	0	-0.8	47	0

6	Dec_10_2009	396.84	408.81	381.79	370.04	368.33	365.43	372.3(3.22%)	DP	OpenShort	-75	0.1	-23	-70	-6	-74	0.23	45%	0.16	-60.4	4.42%	0	-1	32	0
7	Dec_9_2009	396.2	413.81	386.23	372.58	373.17	362.76	360.7(0.14%)	DP	OpenShort	-75	-0.3	-156	-190	-159	-146	0.31	45%	0.11	-53.3	4.45%	0	-1.4	24	0
8	Dec_8_2009	395.76	419.58	391.12	380.42	381.29	371.24	360.2(-4.68%)	DT	HoldShort	-65	-0.5	-205	-180	-215	-176	0.3	48%	0.14	-44.6	4.45%	0	-1.5	23	0
9	Dec_7_2009	395.22	425.3	395.67	389.84	390.93	383.58	377.9(-0.32%)	DT	OpenShort	-75	-0.3	-141	-120	-138	-150	0.24	49%	0.22	-34.3	4.51%	0	-1.3	25	0
10	Dec_4_2009	394.37	428.94	397.02	392.66	398.2	391.34	379.1(-1.53%)	DT	OpenShort	-75	-0.4	-97	-80	-82	-140	0.46	51%	0.23	-30.7	4.55%	0	-1.4	36	0

11	Dec_3_2009	393.46	432.91	403.12	395.06	398.59	398.29	385(-3.73%)	DT	OpenShort	-75	-0.3	-88	20	-73	-133	0.39	51%	0.27	-32.2	4.58%	0	-1.4	39	0
12	Dec_2_2009	392.39	435.68	411.44	401.88	397.31	405.06	399.9(-1.82%)	N/A	N/A	0	-0.1	17	100	48	-76	0.36	51%	0.38	-28.4	4.55%	0	-1.1	36	0
13	Dec_1_2009	390.91	437.67	418.93	403.6	399.98	398.89	407.3(3.9%)	RB	SmallLong	20	0.1	72	-50	111	-47	0.33	49%	0.42	-33.4	4.55%	0	-1	37	0
14	Nov_30_2009	389.26	438.65	425.99	402.72	398.78	389.56	392(0.23%)	DP	OpenShort	-75	-0.3	-153	-190	-153	-151	0.32	48%	0.42	-41.1	4.61%	0	-1.5	34	0
15	Nov_27_2009	387.65	440.34	432.17	402	403.18	401.06	391.1(-6.68%)	DT	OpenShort	-75	-0.4	-97	-30	-87	-125	0.24	48%	0.8	-54.5	4.61%	0	-1.7	42	0

16	Nov_25_2009	384.58	444.29	437.92	412.26	403.36	408	419.1(2.59%)	DP	OpenShort	-75	0.3	-58	20	-44	-98	0.26	50%	0.48	-57.8	4.5%	0	-0.9	44	0
17	Nov_24_2009	382.73	445.12	443.35	423	412.8	405.3	408.5(1.39%)	DP	OpenShort	-75	-0.5	-71	-200	-67	-82	0.22	50%	0.41	-60.5	4.52%	0	-1.4	48	0
18	Nov_23_2009	381.18	448.43	450.22	437.28	431.64	398.71	402.9(3.73%)	DP	OpenShort	-75	-1.3	-319	-570	-368	-170	0.33	50%	0.06	-56.5	4.54%	0	-1.8	47	0
19	Nov_20_2009	380.96	451.69	457.6	453.2	448.99	420.3	388.4(-12.21%)	DT	OpenShort	-75	-2.6	-532	-480	-630	-236	0.31	52%	0.33	-52.6	4.63%	0	-2.5	47	0
20	Nov_19_2009	379.69	456.94	464.43	465.88	470.61	464.56	442.4(-6.43%)	DT	OpenShort	-75	-1	-111	-60	-145	-10	0.33	57%	0.4	-44.9	4.36%	0	-0.6	61	0

21	Nov_18_2009	378.19	460.43	466.05	466.3	469.72	477.69	472.8(-1.48%)	UD	OpenLong	75	0.2	53	140	48	66	0.3	60%	0.48	-40.1	4.31%	0	0.5	52	0
22	Nov_17_2009	376.37	462.12	462.44	466.62	464.46	476.65	479.9(-0.54%)	UD	OpenLong	75	0.5	157	170	170	117	0.17	56%	0.49	-31.9	4.31%	0	0.6	62	0
23	Nov_16_2009	374.53	463.54	458.02	465.82	464.93	461.75	482.5(6.8%)	UT	OpenLong	75	0.5	104	-50	111	81	0.26	56%	0.53	-22.3	4.5%	0	0.6	52	0
24	Nov_13_2009	372.56	465.28	451.96	463.9	464.33	452.26	451.8(1.64%)	DP	OpenShort	-75	-0.4	-184	-180	-223	-66	0.23	54%	0.43	-14.6	4.46%	0	-0.4	49	0
25	Nov_12_2009	370.98	468.03	448.91	462.96	471.23	468.11	444.5(-6.3%)	DT	OpenShort	-75	-0.6	-66	10	-78	-29	0.33	54%		-6.3	4.47%	0	-0.7	43	0
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

Click to see actual return for next trading day.