Trading Signals: ERX Stock Price Prediction and Forecast

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

Fri. Jun. 10, 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 $679.9000 (-5.37%) ($677.0000 - $707.4000) on Fri. Jun. 10, 2011.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.86% (three month average)
RSI   45
Latest Price   $679.9000(-5.37%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX declines -1.5% a day on average for past five trading days.
Weekly Trend   ERX declines -2.8% 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(90%)    XOP(88%)    IWM(70%)    SPY(69%)    EEM(63%)
Factors Impacting ERX price   ERX will decline at least -1.93% in a week (0% probabilities).
TLT(-32%)    SHY(-6%)    TIP(1%)    IGOV(3%)    LQD(7%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.93% (StdDev 3.86%)
Hourly BBV 0 ()
Intraday Trend -3.9%

Resistance Level   $720.48
5 Day Moving Average   $693.4(-1.95%)
10 Day Moving Average   $721.41(-5.75%)
20 Day Moving Average   $720.48(-5.63%)
To recent high   -26.4%
To recent low   0%
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 4.24% (three month std-dev: 3.86%) daily (68% of days).

Sample size 4 Average positive next day return: 2.64%(75%) Average negative next day return: -2.28%(25%) Sample size 4 Average positive next three day return: 5.83%(50%) Average negative next three day return: -1.47%(50%) Sample size 4 Average positive next weekly return: 4.58%(75%) Average negative next weekly return: -7.46%(25%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20110710

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	Jun_10_2011	783.46	720.48	721.41	693.4	700.48	703.35	679.9(-5.37%)	DT	OpenShort	-75	-0.4	-78	60	-79	-75	0.32	35%	0.07	-41	3.86%	0	-1.3	45	0
2	Jun_9_2011	782.91	722.43	729.78	704.26	704.51	706.39	718.5(3.47%)	UT	OpenLong	75	0.5	72	20	92	13	0.23	37%	0.1	-35.4	4.03%	0	-0.1	50	0
3	Jun_8_2011	782.11	722.3	732.86	707.32	706.51	697.61	694.4(1.25%)	DP	OpenShort	-75	-0.4	-120	-90	-136	-71	0.43	37%	0.04	-42	4.02%	0	-1	46	0
4	Jun_7_2011	781.78	726.49	735.87	716.06	715.49	702.63	685.8(-0.38%)	DT	OpenShort	-75	-1	-254	-130	-298	-120	0.31	37%	-0.13	-37.5	4.02%	0	-1.3	54	0
5	Jun_6_2011	782.77	730.71	737.6	737.18	732.28	715.4	688.4(-6.24%)	DT	OpenShort	-75	-1.6	-270	-180	-325	-106	0.44	37%	0.05	-35.4	4.02%	0	-1.4	54	0

6	Jun_3_2011	782.35	733.22	741.98	753.2	752.88	728.35	734.2(0.05%)	DP	OpenShort	-75	-0.6	-296	-230	-363	-96	0.42	40%	0.14	-50.9	3.96%	0	0	58	0
7	Jun_2_2011	781.26	732.88	741.62	758.8	765.66	749.16	733.8(-0.58%)	DT	OpenShort	-75	-0.8	-314	-120	-387	-96	0.33	40%	0.14	-68.6	4%	0	0	55	0
8	Jun_1_2011	780.2	734.8	741.03	761.94	769.96	777.4	738.1(-6.73%)	UD	OpenLong	75	-0.8	19	100	3	68	0.64	39%	0.17	-77.8	4%	0	0.1	56	0
9	May_31_2011	778.88	738.39	736.3	757.92	762.02	782.16	791.4(2.98%)	UT	OpenLong	75	0.9	349	200	397	204	0.44	43%	0.53	-78.4	3.96%	0	1.5	49	0
10	May_27_2011	774.81	741.94	725.68	738.14	744.18	762.53	768.5(0.83%)	UT	OpenLong	75	0.5	362	200	424	176	0.46	41%	0.25	-54.8	3.95%	0	0.4	48	0

11	May_26_2011	772.86	748.6	718.86	729.44	723.62	741.88	762.2(1.69%)	UT	OpenLong	75	0.5	220	150	261	95	0.5	41%	0.23	-50.5	3.98%	0	0.2	55	0
12	May_25_2011	771.11	753.75	713.48	722.68	716.42	725.84	749.5(4.39%)	UT	OpenLong	75	0.4	218	70	262	85	0.54	43%	0.22	-48.3	4%	0	-0.1	54	0
13	May_24_2011	769.45	759.87	709.54	717.9	716.07	705.37	718(3.68%)	DP	OpenShort	-75	0	-10	-110	-1	-38	0.57	40%	0.16	-43.1	3.99%	0	-0.6	41	0
14	May_23_2011	768.23	767.85	715.04	711.32	714.13	707.01	692.5(-4.48%)	DT	OpenShort	-75	-0.2	-205	-60	-226	-143	0.5	42%	0.14	-39.3	3.99%	0	-1	31	0
15	May_20_2011	767.12	776.17	722.56	710.3	711.29	726.78	725(-0.47%)	N/A	N/A	0	0.2	85	160	122	-25	0.41	43%	0.19	-37.9	4%	0	-0.7	28	0

16	May_19_2011	765.68	783.32	723.33	706.02	704.66	721.26	728.4(0.39%)	UT	OpenLong	75	0.3	276	160	357	33	0.33	43%	0.2	-34.8	4.04%	0	-0.7	25	0
17	May_18_2011	764.17	789.66	723.13	703.02	699.35	695.81	725.6(5.91%)	RB	SmallLong	20	0.3	59	-50	110	-93	0.42	43%	0.21	-31.9	4.07%	0	-0.8	33	0
18	May_17_2011	762.55	793.83	727.73	700.84	697.55	688.05	685.1(-0.33%)	DT	OpenShort	-75	-0.2	-303	-110	-309	-284	0.42	41%	0.17	-32	4%	0	-1.4	26	0
19	May_16_2011	761.27	799.23	740.79	720.06	712.26	702.89	687.4(-2.3%)	DT	OpenShort	-75	-0.5	-214	-120	-207	-235	0.32	42%	-0.1	-31.4	4.01%	0	-1.6	26	0
20	May_13_2011	762.03	806.23	759.68	736.62	731.43	707.05	703.6(-1.37%)	DT	OpenShort	-75	-0.5	-269	-250	-278	-242	0.47	44%	0.19	-32.9	4.08%	0	-1.5	32	0

21	May_12_2011	760.62	811.43	780.8	742.7	744.35	721.63	713.4(-0.18%)	DT	OpenShort	-75	-0.5	-446	-210	-490	-313	0.34	44%	0.21	-39.3	4.11%	0	-1.6	32	0
22	May_11_2011	759.05	815.38	797.37	745.44	754.24	755.8	714.7(-8.51%)	DT	OpenShort	-75	-0.5	-142	50	-134	-164	0.51	44%	0.22	-48.7	4.14%	0	-1.7	35	0
23	May_10_2011	757.42	819.08	814.57	757.9	752.89	767.08	781.2(1.43%)	N/A	N/A	0	0.4	101	110	146	-33	0.33	47%	0.33	-57.6	3.99%	0	-0.7	50	0
24	May_9_2011	754.93	822.5	824.73	765.5	756.84	752.68	770.2(4.93%)	DP	OpenShort	-65	0.1	-3	-70	17	-62	0.35	46%	0.33	-59.5	4%	0	-1	53	0
25	May_6_2011	752.46	828.86	833.99	788.18	775.97	738.71	734(0.95%)	DP	OpenShort	-75	-1	-526	-380	-606	-285	0.56	44%		-48.9	3.92%	0	-1.7	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

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