Trading Signals: ERX Stock Price Prediction and Forecast

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

Fri. Dec. 18, 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 $383.9000 (0.92%) ($378.2000 - $393.5000) on Fri. Dec. 18, 2009.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.33% (three month average)
RSI   46
Latest Price   $383.9000(0.92%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 0.5% a day on average for past five trading days.
Weekly Trend   ERX declines -0.9% 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 -1.6%

Resistance Level   $386.35
5 Day Moving Average   $383.78(0.03%)
10 Day Moving Average   $376.88(1.86%)
20 Day Moving Average   $386.35(-0.63%)
To recent high   -27%
To recent low   7.6%
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 3.83% (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

> 20100118

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_18_2009	399.75	386.35	376.88	383.78	385.74	384.18	383.9(0.92%)	DP	OpenShort	-75	0	-22	-10	-22	-21	0.18	42%	0.15	-122.2	4.33%	0	-0.2	46	0
2	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
3	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
4	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
5	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

6	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
7	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
8	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
9	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
10	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

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		-14.6	4.46%	0	-0.4	49	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

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