Trading Signals: ERX Stock Price Prediction and Forecast

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

Tue. Feb. 8, 2011

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 $750.7000 (-1.09%) ($732.4000 - $758.6000) on Tue. Feb. 8, 2011.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.88% (three month average)
RSI   75
Latest Price   $750.7000(-1.09%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 0.1% a day on average for past five trading days.
Weekly Trend   ERX advances 8.7% 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(90%)    XOP(88%)    IWM(70%)    SPY(69%)    EEM(63%)
Factors Impacting ERX price   ERX will decline at least -1.44% 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   -1.44% (StdDev 2.88%)
Hourly BBV 0 ()
Intraday Trend -0.8%

5 Day Moving Average   $750.94(-0.03%)
10 Day Moving Average   $723.79(3.72%)
20 Day Moving Average   $681.51(10.15%)
To recent high   -1.1%
To recent low   74.5%
Market Cap   $N/A

Average daily price decay: -0.01%

$. ERX is a 3x leveraged ETF. You'll lose 0.01% a day on average for holding it.$. ERX price fluctuates within 7.57% (three month std-dev: 2.88%) 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

> 20110308

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	Feb_8_2011	497.06	681.51	723.79	750.94	749.94	754.66	750.7(-1.09%)	UD	OpenLong	75	-0	73	40	32	194	0.2	77%	0.91	86.8	2.88%	0	1.3	75	NAN
2	Feb_7_2011	492.59	673.21	712.53	750.5	749.74	752.94	759(2.06%)	UT	OpenLong	75	0.2	221	30	207	263	0.16	77%	0.97	84.1	2.87%	0	1.6	69	NAN
3	Feb_4_2011	487.88	664.59	700.8	741.04	743.64	745.23	743.7(-0.93%)	UD	OpenLong	75	0.1	162	30	141	223	0.18	80%	0.94	81.8	2.87%	0	1.5	69	NAN
4	Feb_3_2011	483.36	656.27	689.98	724.06	729.57	746.54	750.7(0.01%)	UT	OpenLong	75	0.5	283	190	293	252	0.18	80%	0.95	72.7	3.02%	0	1.9	74	NAN
5	Feb_2_2011	478.8	648.03	677.34	707.46	709.12	742.06	750.6(0.28%)	UT	OpenLong	75	0.9	620	330	698	387	0.21	80%	0.96	69.2	3.02%	0	2.2	73	NAN

6	Feb_1_2011	474.25	639.51	665.74	692.56	689.41	712.6	748.5(5.17%)	UT	OpenLong	75	1.3	713	220	811	418	0.26	80%	0.96	69.6	3.04%	0	2.6	75	NAN
7	Jan_31_2011	469.75	631.56	656.04	669.42	670.21	676.19	711.7(8.03%)	UT	HoldLong	65	1.2	301	70	331	211	0.32	79%	0.9	71.3	2.99%	0	2.3	76	NAN
8	Jan_28_2011	465.56	624.96	649.08	655.24	655.23	666.23	658.8(-1.33%)	UD	OpenLong	75	0.1	112	120	109	120	0.27	77%	0.81	71.2	2.86%	0	1.1	69	NAN
9	Jan_27_2011	461.83	621.19	646.08	650.42	648.66	664.24	667.7(-1.24%)	UD	OpenLong	75	0.6	400	160	445	263	0.17	77%	0.84	70.4	2.85%	0	1.5	73	NAN
10	Jan_26_2011	457.98	616.76	642.35	642.08	640.56	644.23	676.1(6.84%)	UT	OpenLong	75	1.1	280	30	304	206	0.2	77%	0.88	69.2	2.85%	0	2	70	NAN

11	Jan_25_2011	453.98	611.19	635.6	634.92	630.98	633.08	632.8(-1.25%)	N/A	N/A	0	-0.1	-97	0	-138	28	0.21	75%	0.41	71.5	2.75%	0	0.8	65	NAN
12	Jan_24_2011	452.14	607.67	631.16	640.68	636.69	636.89	640.8(0.96%)	UT	OpenLong	75	0	105	-20	96	132	0.14	75%	0.79	79.3	2.74%	0	1.1	62	NAN
13	Jan_21_2011	448.6	603.95	626.2	642.16	641.13	628.89	634.7(1.39%)	N/A	N/A	0	-0.3	-85	-140	-129	49	0.15	75%	0.8	89	2.74%	0	1.1	64	NAN
14	Jan_20_2011	445.03	600.33	620.89	640.82	640.36	636.49	626(-2.23%)	DT	OpenShort	-75	-0.5	-262	-40	-337	-36	0.28	76%	0.8	94.7	2.75%	0	0.9	63	NAN
15	Jan_19_2011	441.48	596.92	617.56	641.95	643.04	653.37	640.3(-3.22%)	UD	OpenLong	75	-0.1	236	120	246	207	0.22	70%	0.91	99.6	2.74%	0	1.5	68	NAN

16	Jan_18_2011	437.49	591.92	612.15	635.79	636.47	644.23	661.6(2.07%)	UT	HoldLong	65	0.9	329	90	357	243	0.16	73%	1.36	96.8	2.87%	0	2.4	79	NAN
17	Jan_14_2011	431.61	585.25	605.33	620.07	623.2	632.71	648.2(3.22%)	UT	HoldLong	65	1	213	120	226	174	0.15	73%	0.96	83.9	2.85%	0	2.2	78	NAN
18	Jan_13_2011	427.52	579.23	598.62	608.08	609.68	628.72	628(-0.58%)	UD	OpenLong	75	0.7	360	230	403	229	0.12	72%	0.9	79.2	2.83%	0	1.8	71	NAN
19	Jan_12_2011	423.7	573.86	593.92	598.1	597.78	613.69	631.65(3.63%)	UT	OpenLong	75	1.2	456	180	520	264	0.16	72%	0.91	69.8	2.85%	0	2.1	74	NAN
20	Jan_11_2011	419.88	568.67	588.48	589.89	587.68	590.64	609.5(4.55%)	UT	OpenLong	75	0.8	188	20	207	132	0.21	71%	0.84	69.3	2.83%	0	1.6	72	NAN

21	Jan_10_2011	416.4	564.92	584.17	585.25	583.33	581.87	583(-0.89%)	CR	SmallShort	-20	-0.1	-61	-30	-87	16	0.13	69%	0.78	70.2	2.79%	0	0.8	72	NAN
22	Jan_7_2011	413.18	562.03	582.09	588.31	586.32	584.73	588.25(1.76%)	N/A	N/A	0	-0	-22	-30	-46	51	0.19	69%	0.77	72.5	2.8%	0	1	77	NAN
23	Jan_6_2011	410.02	558.58	579.97	587.56	590.57	584.8	578.1(-2.12%)	N/A	N/A	0	-0.4	-22	-50	-50	62	0.17	69%	0.72	71.8	2.81%	0	0.8	75	NAN
24	Jan_5_2011	407.09	555.48	578.53	588.58	589.93	587.91	590.6(0.73%)	N/A	N/A	0	0.1	-101	-20	-149	43	0.17	72%	0.73	75.4	2.79%	0	1.3	85	NAN
25	Jan_4_2011	404.12	551.85	575.2	586.58	590.01	596.34	586.3(-2.01%)	UD	OpenLong	75	-0	130	90	122	155	0.2	72%		87.3	2.89%	0	1.3	75	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.