Trading Signals: ERX Stock Price Prediction and Forecast

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

Thu. Sep. 16, 2010

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 $300.8000 (-0.95%) ($295.3000 - $304.2000) on Thu. Sep. 16, 2010.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.17% (three month average)
RSI   74
Latest Price   $300.8000(-0.95%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 0.6% a day on average for past five trading days.
Weekly Trend   ERX advances 7.5% 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(70%)    SPY(70%)    EEM(63%)
Factors Impacting ERX price   ERX will decline at least -2.085% in a week (0% probabilities).
TLT(-32%)    SHY(-7%)    TIP(0%)    IGOV(4%)    LQD(7%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.085% (StdDev 4.17%)
Hourly BBV 0 ()
Intraday Trend 0.5%

5 Day Moving Average   $303.73(-0.96%)
10 Day Moving Average   $297.57(1.09%)
20 Day Moving Average   $281.13(7%)
To recent high   -10.7%
To recent low   29.4%
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 6.89% (three month std-dev: 4.17%) 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

> 20101016

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	Sep_16_2010	302.64	281.13	297.57	303.73	303.35	300	300.8(-0.95%)	N/A	N/A	0	-0.2	-3	-80	-35	94	0.18	57%	-0.51	22.8	4.17%	0	1	74	NAN
2	Sep_15_2010	304.2	280.46	295.73	302.05	303.31	303.14	303.7(-0.49%)	UT	HoldLong	50	0.1	2	10	-33	107	0.23	60%	-0.45	20.3	4.17%	0	1.2	71	NAN
3	Sep_14_2010	305.58	280.02	291.05	299.53	302.55	306.69	305.2(-0.7%)	UD	OpenLong	75	0.3	91	130	74	142	0.21	60%	-0.58	11.7	4.28%	0	1.3	70	NAN
4	Sep_13_2010	307.37	278.87	286.24	295.33	298.26	303.48	307.35(1.91%)	UT	OpenLong	75	0.7	108	150	98	136	0.18	60%	-0.58	-5.2	4.28%	0	1.6	63	NAN
5	Sep_10_2010	309.16	277.62	282.09	293.28	293.23	298.41	301.6(3.15%)	UT	OpenLong	75	0.5	86	120	73	123	0.16	65%	-0.5	-19.1	4.28%	0	1.4	62	NAN

6	Sep_9_2010	310.71	276.78	276.77	290.72	292.36	293.04	292.4(0.45%)	UT	OpenLong	75	0.1	84	30	78	100	0.15	65%	-0.52	-37.2	4.61%	0	1	55	NAN
7	Sep_8_2010	312.32	276.68	272.98	288.48	289.23	288.05	291.1(2.43%)	UT	HoldLong	50	0.2	9	-20	-3	46	0.16	66%	-0.53	-51.8	4.62%	0	0.9	49	NAN
8	Sep_7_2010	313.98	277.85	269.48	281.02	285.39	291.69	284.2(-4.34%)	UD	OpenLong	75	0.2	67	200	76	39	0.17	66%	-0.84	-57.4	4.66%	0	0.3	44	NAN
9	Sep_3_2010	316.63	279.79	267.72	275.28	277.08	290.41	297.1(2.87%)	UT	OpenLong	75	0.9	152	360	183	59	0.22	61%	-0.48	-52.7	4.79%	0	0.8	53	NAN
10	Sep_2_2010	318.17	280.85	264.43	269.2	268.21	279.09	288.8(2.7%)	UT	OpenLong	75	0.8	174	270	216	49	0.19	65%	-0.5	-49.7	4.8%	0	0.3	50	NAN

11	Sep_1_2010	319.77	282.86	262.9	260.94	261.33	263.75	281.2(10.8%)	RB	SmallLong	20	0.7	72	70	102	-20	0.4	59%	-0.49	-48.4	5.03%	0	-0.1	47	NAN
12	Aug_31_2010	321.35	285.25	263.4	255.58	256.23	257.34	253.8(-0.67%)	DT	OpenShort	-75	-0.1	-30	40	-13	-79	0.28	56%	-0.58	-46.3	5.1%	0	-1.1	32	NAN
13	Aug_30_2010	323.24	288.91	267.76	256.2	255.69	258.9	255.5(-4.2%)	N/A	N/A	0	-0	11	80	36	-65	0.18	56%	-0.57	-42.4	5.14%	0	-1.2	26	NAN
14	Aug_27_2010	325.08	292.49	270.78	258.79	255.24	255.11	266.7(7.76%)	DP	OpenShort	-65	0.3	-18	-40	5	-87	0.39	58%	-0.49	-38.9	5.16%	0	-0.9	26	NAN
15	Aug_26_2010	326.67	294.1	272.69	259.03	258.69	252.49	247.5(-2.71%)	DT	HoldShort	-65	-0.4	-75	-170	-59	-123	0.26	56%	-0.53	-39.8	5.31%	0	-1.7	17	NAN

16	Aug_25_2010	328.4	296.86	276.98	265.11	262.75	255.38	254.4(-0.97%)	DT	HoldShort	-65	-0.4	-147	-220	-143	-160	0.35	56%	-0.54	-36.6	5.3%	0	-1.7	16	NAN
17	Aug_24_2010	330.18	299.29	281.05	272.45	270.37	264.89	256.9(-4.3%)	DT	HoldShort	-65	-0.7	-119	-160	-110	-146	0.32	53%	-0.52	-27.1	5.3%	0	-1.9	18	NAN
18	Aug_23_2010	331.91	301.66	287.36	281.03	278.95	270.13	268.45(0.21%)	DP	OpenShort	-75	-0.6	-104	-240	-96	-126	0.22	53%	-0.2	-16.1	5.33%	0	-1.6	24	NAN
19	Aug_20_2010	332.56	303.64	293.24	284.5	285.62	275.84	267.9(-3.6%)	DT	OpenShort	-75	-0.9	-136	-230	-136	-134	0.29	51%	-0.43	-4.1	5.36%	0	-1.9	25	NAN
20	Aug_19_2010	333.99	305.23	298.96	288.24	289.13	287.76	277.9(-4.53%)	DT	OpenShort	-75	-0.6	-83	-20	-79	-94	0.35	51%	-0.34	9.9	5.58%	0	-1.6	47	NAN

21	Aug_18_2010	335.12	306.17	304.61	290.41	290.66	295.4	291.1(-2.9%)	N/A	N/A	0	0	34	120	54	-26	0.31	51%	-0.28	15.4	5.57%	0	-0.8	51	NAN
22	Aug_17_2010	336.07	305.54	308.79	290.97	288.76	290.5	299.8(4.9%)	N/A	N/A	0	0.5	21	20	35	-22	0.26	51%	-0.25	13.4	5.56%	0	-0.3	54	NAN
23	Aug_16_2010	336.92	304.97	311.51	295.18	288.88	285.91	285.8(-0.28%)	DT	OpenShort	-75	-0.5	-63	-140	-68	-48	0.17	51%	-0.23	18.9	5.54%	0	-1	48	NAN
24	Aug_13_2010	337.71	304.41	315.78	303.8	297.75	287.02	286.6(-0.74%)	DT	OpenShort	-75	-0.8	-90	-310	-107	-40	0.18	49%	-0.23	27.9	5.59%	0	-0.8	45	NAN
25	Aug_12_2010	338.49	303.5	317.29	311.48	308	291.84	288.75(-1.75%)	DT	OpenShort	-75	-1.1	-173	-400	-209	-66	0.27	49%		34.9	5.59%	0	-0.7	52	NAN
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.