Trading Signals: ERX Stock Price Prediction and Forecast

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

Fri. Sep. 17, 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 $297.3000 (-1.16%) ($294.8000 - $304.9000) on Fri. Sep. 17, 2010.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.18% (three month average)
RSI   66
Latest Price   $297.3000(-1.16%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX declines -0.3% a day on average for past five trading days.
Weekly Trend   ERX advances 5.8% 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 -2.09% in a week (0% probabilities).
TLT(-32%)    SHY(-7%)    TIP(0%)    IGOV(4%)    LQD(7%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.09% (StdDev 4.18%)
Hourly BBV 0 ()
Intraday Trend -2.1%

5 Day Moving Average   $302.87(-1.84%)
10 Day Moving Average   $298.32(-0.34%)
20 Day Moving Average   $282.17(5.36%)
To recent high   -11.7%
To recent low   27.9%
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 6.99% (three month std-dev: 4.18%) 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

> 20101017

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_17_2010	301.02	282.17	298.32	302.87	301.59	300.05	297.3(-1.16%)	UD	OpenLong	65	-0.3	10	-50	-13	77	0.17	57%	-0.54	23.5	4.18%	0	0.8	66	0
2	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	0
3	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	0
4	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	0
5	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	0

6	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	0
7	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	0
8	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	0
9	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	0
10	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	0

11	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	0
12	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	0
13	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	0
14	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	0
15	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	0

16	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	0
17	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	0
18	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	0
19	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	0
20	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	0

21	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	0
22	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	0
23	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	0
24	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	0
25	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%		27.9	5.59%	0	-0.8	45	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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