Trading Signals: ERX Stock Price Prediction and Forecast

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Thu. Jan. 26, 2012

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 $510.5000 (-4.19%) ($505.0000 - $543.3000) on Thu. Jan. 26, 2012.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.65% (three month average)
RSI   53
Latest Price   $510.5000(-4.19%)
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 2.2% 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(67%)    SPY(66%)    USO(62%)
Factors Impacting ERX price   ERX will decline at least -2.825% in a week (0% probabilities).
TLT(-27%)    SHY(-5%)    IGOV(-2%)    TIP(5%)    GLD(7%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.825% (StdDev 5.65%)
Hourly BBV 0 ()
Intraday Trend -5.9%

5 Day Moving Average   $517.38(-1.33%)
10 Day Moving Average   $503.79(1.33%)
20 Day Moving Average   $497.12(2.69%)
To recent high   -8.6%
To recent low   39.1%
Market Cap   $N/A

Average daily price decay: -0.03%

$. ERX is a 3x leveraged ETF. You'll lose 0.03% a day on average for holding it.$. ERX price fluctuates within 3.53% (three month std-dev: 5.65%) 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

> 20120226

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	Jan_26_2012	448.79	497.12	503.79	517.38	517.67	522.37	510.5(-4.19%)	UD	OpenLong	75	-0.4	86	70	94	60	0.38	49%	0.07	78.5	5.65%	0	0.8	53	0
2	Jan_25_2012	448.47	495.69	501.83	516.82	513.07	514.6	532.8(3.34%)	UT	OpenLong	75	0.8	34	-0	34	33	0.49	49%	0.24	91.9	5.68%	0	1.9	56	0
3	Jan_24_2012	447.41	492.87	499.09	510.68	510.19	512.98	515.6(-0.67%)	UD	OpenLong	75	0.3	41	40	44	31	0.18	49%	0.16	111.1	5.72%	0	1.3	53	0
4	Jan_23_2012	446.7	490.54	497.2	503.78	505.09	511.54	519.1(2%)	UT	OpenLong	75	0.9	74	100	84	44	0.3	49%	0.17	121.9	5.74%	0	1.6	66	0
5	Jan_20_2012	445.95	487.19	494.25	494.3	497.2	507.4	508.9(0.24%)	UT	OpenLong	75	0.9	113	160	132	57	0.22	49%	0.06	129	5.77%	0	1.3	64	0

6	Jan_19_2012	445.7	483.71	493.17	488.12	487.15	498.65	507.7(1.12%)	UT	OpenLong	75	1.2	119	160	138	61	0.24	49%	0.02	118.8	5.77%	0	1.5	68	0
7	Jan_18_2012	445.59	478.23	492.97	484.72	480.56	487	502.1(4.36%)	UT	OpenLong	75	1	77	70	88	42	0.37	52%	0.03	90.6	5.78%	0	1.4	56	0
8	Jan_17_2012	445.45	473.87	492.99	486.34	482.27	475.66	481.1(1.99%)	N/A	N/A	0	-0.3	-21	-120	-29	2	0.31	52%	0.01	64.9	5.85%	0	0.4	52	0
9	Jan_13_2012	445.42	470.11	492.13	489.88	489.94	474.13	471.7(-1.32%)	DT	OpenShort	-75	-0.6	-134	-230	-163	-48	0.37	56%	0.12	36.9	6%	0	0.1	53	0
10	Jan_12_2012	444.89	467.03	492.35	493.9	497.48	488.88	478(-2.59%)	DT	OpenShort	-75	-0.5	-134	-100	-165	-40	0.33	56%	0.06	24.5	5.99%	0	0.3	61	0

11	Jan_11_2012	444.61	465.18	490.65	498.4	497.48	505.75	490.7(-3.82%)	UD	OpenLong	65	-0.2	5	80	-5	34	0.3	56%	0.11	18.8	5.98%	0	0.7	68	0
12	Jan_10_2012	444.12	463.06	489.85	502.06	501.78	506.09	510.2(2.29%)	UT	HoldLong	65	0.2	88	60	86	95	0.23	60%	0.28	15.6	5.96%	0	1.2	81	0
13	Jan_9_2012	442.89	461.31	486.58	500.9	498.68	497.81	498.8(1.42%)	UT	OpenLong	75	-0.1	18	-30	-0	73	0.22	60%	0.23	15.5	6.17%	0	1	72	0
14	Jan_6_2012	441.86	458.86	483.64	494.84	500.05	497.48	491.8(-1.74%)	UD	OpenLong	75	-0.1	39	-0	22	90	0.24	60%	0.16	7	6.2%	0	0.9	73	0
15	Jan_5_2012	441.15	458.53	479.82	490.3	492.63	499.55	500.5(-1.67%)	UD	OpenLong	75	0.3	41	110	22	97	0.48	63%	-0.02	3.6	6.21%	0	1.2	73	0

16	Jan_4_2012	441.22	458.17	473.58	481.34	484.26	502.63	509(0.91%)	UT	OpenLong	75	0.8	170	280	177	148	0.34	64%	0.02	6.6	6.32%	0	1.5	63	0
17	Jan_3_2012	441.14	457.24	462.19	475.96	475.89	485.7	504.4(7.66%)	UT	OpenLong	75	0.9	173	140	185	135	0.51	61%	-0.14	15	6.39%	0	1.4	59	0
18	Dec_30_2011	441.77	455.8	452.8	470.88	470.19	465.89	468.5(-0.13%)	UD	OpenLong	65	-0.1	3	-70	-9	38	0.15	56%	0	27.4	6.49%	0	0.4	47	0
19	Dec_29_2011	441.76	456.39	446.18	471.04	471.76	466.09	469.1(2.94%)	N/A	N/A	0	-0.1	-46	-80	-63	6	0.27	56%	0.15	42.7	6.58%	0	0.4	53	0
20	Dec_28_2011	441.12	457.29	439.73	467.54	472.01	474.5	455.7(-5.48%)	UD	OpenLong	75	-0.3	11	70	9	15	0.29	54%	0	50.5	6.59%	0	-0	44	0

21	Dec_27_2011	441.12	455.94	437.93	463.7	465.61	477.43	482.1(0.65%)	UT	OpenLong	75	0.5	111	190	132	48	0.17	54%	-0.02	46.9	6.67%	0	0.7	46	0
22	Dec_23_2011	441.19	452.26	434.03	445.58	452.25	469.52	479(2.07%)	UT	OpenLong	75	0.8	167	310	206	48	0.16	56%	-0.13	23.5	6.75%	0	0.7	46	0
23	Dec_22_2011	441.78	446.95	433.42	431.96	434.18	453.8	469.3(3.92%)	UT	OpenLong	75	0.9	165	330	209	34	0.26	52%	-0.47	4	6.76%	0	0.6	48	0
24	Dec_21_2011	443.88	442.54	431.21	417.94	420.62	434.98	451.6(3.46%)	UT	OpenLong	75	0.8	143	260	188	9	0.37	49%	-0.54	-16.7	7.11%	0	0.2	45	0
25	Dec_20_2011	446.28	440.64	434.52	408.32	411.74	414.55	436.5(11.49%)	RB	SmallLong	20	0.7	41	70	70	-47	0.39	49%		-32	7.24%	0	-0.1	41	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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