Trading Signals: ERX Stock Price Prediction and Forecast

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

Fri. Mar. 16, 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 $575.6300 (3.72%) ($561.1000 - $581.7000) on Fri. Mar. 16, 2012.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.03% (three month average)
RSI   42
Latest Price   $575.6300(3.72%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 0.7% a day on average for past five trading days.
Weekly Trend   ERX declines -2.1% 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 -1.515% 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   -1.515% (StdDev 3.03%)
Hourly BBV 0 ()
Intraday Trend 2.1%

5 Day Moving Average   $560.89(2.63%)
10 Day Moving Average   $557.28(3.29%)
20 Day Moving Average   $571.94(0.65%)
To recent high   -4.9%
To recent low   47%
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 3.36% (three month std-dev: 3.03%) 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

> 20120416

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	Mar_16_2012	503.88	571.94	557.28	560.89	561.94	562.67	575.63(3.72%)	UT	OpenLong	75	0.8	101	10	131	11	0.22	80%	0.06	14.3	3.03%	0	0.2	42	0
2	Mar_15_2012	503.59	571.51	556.61	557.08	556.96	557.99	555(0.33%)	DP	OpenShort	-75	-0.1	-72	10	-67	-86	0.22	78%	0.13	13.1	3.02%	0	-0.9	35	0
3	Mar_14_2012	502.92	571.25	560	557.54	558.25	561.21	553.2(-3.07%)	N/A	N/A	0	-0.2	72	40	102	-20	0.13	63%	0.19	12.7	3.03%	0	-0.9	37	0
4	Mar_13_2012	501.95	571.18	562.17	556.6	556.84	555.93	570.7(3.78%)	RB	SmallLong	20	0.7	33	-10	58	-41	0.19	68%	0.17	9.9	3.2%	0	-0	45	0
5	Mar_12_2012	501.12	569.91	564.24	549.96	552.55	555.29	549.9(-1.2%)	DT	OpenShort	-75	-0	-27	50	-10	-78	0.12	65%	0.16	0.3	3.19%	0	-0.9	39	0

6	Mar_9_2012	500.31	569.23	569.08	553.08	549.08	557.76	556.6(-0.13%)	N/A	N/A	0	0.2	79	90	110	-16	0.13	65%	0.23	4.8	3.32%	0	-0.6	47	0
7	Mar_8_2012	499.18	569	573.79	556.3	549.71	549.82	557.3(1.6%)	N/A	N/A	0	0	58	-30	81	-11	0.11	54%	0.24	18.5	3.41%	0	-0.5	49	0
8	Mar_7_2012	497.98	568.73	577.86	563.28	555.39	540.41	548.5(2.05%)	DP	OpenShort	-75	-0.6	-195	-230	-224	-107	0.18	54%	0.2	37.9	3.57%	0	-0.9	55	0
9	Mar_6_2012	496.98	569.19	582.08	568.7	566.1	549.6	537.5(-4.95%)	DT	OpenShort	-75	-1.4	-347	-220	-409	-162	0.18	54%	0.25	59.5	3.57%	0	-1.4	51	0
10	Mar_5_2012	495.72	569.86	587.39	580.32	578.83	570.36	565.5(-1.26%)	DT	OpenShort	-75	-0.7	-210	-110	-256	-70	0.09	60%	0.27	86.3	3.51%	0	-0.2	62	0

11	Mar_2_2012	494.39	568.16	588.49	587.2	587.57	582.6	572.7(-3.29%)	N/A	N/A	0	-0.6	-83	-60	-114	11	0.21	60%	0.38	93.2	3.53%	0	0.2	69	0
12	Mar_1_2012	492.53	564.84	588.29	593.78	592.46	587.3	592.2(2.88%)	N/A	N/A	0	-0.1	-79	-70	-115	29	0.16	60%	0.42	86.4	3.5%	0	1	66	0
13	Feb_29_2012	490.49	560.09	583.94	594.96	597.03	592.54	575.6(-3.36%)	CR	SmallShort	-20	-0.6	-45	-40	-73	40	0.19	71%	0.4	74	3.97%	0	0.5	62	0
14	Feb_28_2012	488.54	555.91	581.53	597.42	597.96	597.63	595.6(-0.72%)	N/A	N/A	0	-0.1	-11	-0	-34	60	0.23	76%	0.45	65.7	3.98%	0	1.1	67	0
15	Feb_27_2012	486.36	551.13	576.37	595.36	596.22	601.51	599.9(-0.94%)	UD	OpenLong	75	0.1	73	70	65	95	0.16	76%	0.56	60.7	4.16%	0	1.4	72	0

16	Feb_24_2012	483.66	546.4	569.5	589.82	593.16	598.3	605.6(1.25%)	UT	HoldLong	65	0.5	143	80	150	123	0.12	76%	0.54	57.8	4.18%	0	1.7	79	0
17	Feb_23_2012	481.04	541.46	563.51	582.04	585.39	590.93	598.1(1.73%)	UT	HoldLong	65	0.5	107	80	107	107	0.13	67%	0.57	55.8	4.21%	0	1.8	83	0
18	Feb_22_2012	478.32	537.9	558.25	571.4	576.42	588.03	587.9(0.44%)	UT	HoldLong	65	0.6	162	170	172	130	0.19	67%	0.62	56.4	4.38%	0	1.7	83	0
19	Feb_21_2012	475.38	534.09	554.52	563.22	565.88	579.86	585.3(2.29%)	UT	HoldLong	65	0.8	230	190	251	167	0.24	67%	1.02	58.6	4.4%	0	1.9	83	0
20	Feb_17_2012	470.59	530.55	550.18	554.58	555.18	564.81	572.2(0.97%)	UT	OpenLong	75	0.7	194	120	208	150	0.16	67%	0.51	65.4	4.43%	0	1.7	74	0

21	Feb_16_2012	468.21	527.24	545.59	546.1	546.98	551.91	566.7(4%)	UT	OpenLong	75	0.9	115	70	118	107	0.22	67%	0.53	66.5	4.52%	0	1.8	69	0
22	Feb_15_2012	465.75	524.15	539.11	542.41	540.23	545.55	544.9(-0.38%)	UD	OpenLong	75	0.1	46	60	38	69	0.28	67%	0.41	71.1	4.53%	0	1	63	0
23	Feb_14_2012	463.87	522	534.31	543.13	540.3	542.04	547(0.9%)	UT	OpenLong	75	0.2	65	10	62	72	0.22	67%	0.45	67.4	4.53%	0	1.1	53	0
24	Feb_13_2012	461.81	518.77	528.56	544.53	542.64	534.9	542.1(2.32%)	N/A	N/A	0	-0.1	-28	-110	-46	25	0.2	67%	0.51	67.3	4.55%	0	1.1	58	0
25	Feb_10_2012	459.45	515.35	524.35	545.05	543.47	538.56	529.8(-3.37%)	DT	OpenShort	-75	-0.7	-103	-70	-133	-13	0.2	67%		60.1	4.59%	0	0.6	54	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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