Trading Signals: ERX Stock Price Prediction and Forecast

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

Fri. Jul. 6, 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 $397.5000 (-3.36%) ($387.8900 - $402.8800) on Fri. Jul. 6, 2012.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.22% (three month average)
RSI   52
Latest Price   $397.5000(-3.36%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 1.5% a day on average for past five trading days.
Weekly Trend   ERX advances 4.3% 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(87%)    IWM(66%)    SPY(66%)    USO(62%)
Factors Impacting ERX price   ERX will decline at least -2.11% in a week (0% probabilities).
TLT(-26%)    SHY(-5%)    IGOV(-3%)    TIP(6%)    GLD(6%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.11% (StdDev 4.22%)
Hourly BBV 0 ()
Intraday Trend 0.9%

5 Day Moving Average   $407.38(-2.43%)
10 Day Moving Average   $380.38(4.5%)
20 Day Moving Average   $375.78(5.78%)
To recent high   -22.7%
To recent low   22.2%
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 6.8% (three month std-dev: 4.22%) daily (68% of days).

Sample size 2 Average positive next day return: 0.34%(50%) Average negative next day return: -2.79%(50%) Sample size 2 Average positive next three day return: 4.38%(50%) Average negative next three day return: -16.72%(50%) Sample size 2 Average positive next weekly return: 3.54%(50%) Average negative next weekly return: -22.79%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20120806

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	Jul_6_2012	457.17	375.78	380.38	407.38	406.74	405.51	397.5(-3.36%)	CR	SmallShort	-20	-0.4	-94	-30	-129	10	0.18	50%	-0.38	67.4	4.22%	0	0.8	52	0
2	Jul_5_2012	458.91	374.12	375.32	401.32	406.42	417.2	411.3(-4.17%)	UD	OpenLong	75	0.4	198	220	221	129	0.13	50%	-0.49	65	4.24%	0	1.5	59	0
3	Jul_3_2012	461.17	371.6	372.86	391.12	392.36	407.98	429.2(7.33%)	UT	OpenLong	75	1.6	251	290	286	147	0.19	48%	-0.25	55.9	4.2%	0	2.4	65	0
4	Jul_2_2012	462.32	366.66	368.72	373.46	376.07	395.64	399.9(0.23%)	UT	OpenLong	75	1.2	308	390	361	150	0.15	47%	-0.29	25.5	4.11%	0	1.5	58	0
5	Jun_29_2012	463.65	362.95	366.26	359.38	360.72	376.75	399(8.66%)	UT	OpenLong	75	1.8	315	320	375	135	0.33	47%	-0.33	-3.3	4.1%	0	1.6	61	0

6	Jun_28_2012	465.17	359.32	364.67	349.92	344.99	356.5	367.2(1.92%)	UT	OpenLong	75	0.8	139	190	172	40	0.17	43%	-0.4	-28.5	3.95%	0	0.4	52	0
7	Jun_27_2012	467.02	358.48	364.97	345.66	342.84	344.69	360.3(5.69%)	UT	OpenLong	75	0.7	78	10	103	4	0.22	42%	-0.42	-41.7	3.96%	0	0.1	50	0
8	Jun_26_2012	469	358.45	364.48	352.24	346.63	333.48	340.9(3.46%)	DP	OpenShort	-75	-0.5	-199	-310	-226	-118	0.22	40%	-0.44	-35.2	3.89%	0	-0.8	46	0
9	Jun_25_2012	471.08	361.08	367.23	363.52	361.31	341	329.5(-6.31%)	DT	OpenShort	-75	-1.5	-316	-410	-375	-140	0.28	40%	-0.42	-19.5	3.88%	0	-1.4	54	0
10	Jun_22_2012	473.09	363.67	370.15	373.68	376.74	359.78	351.7(1.68%)	DP	OpenShort	-75	-1	-285	-290	-349	-93	0.16	41%	-0.32	-3.3	3.84%	0	-0.6	61	0

11	Jun_21_2012	474.61	365.22	371.83	381.2	383.77	381.61	345.9(-12.03%)	CR	SmallShort	-20	-1.7	-140	-20	-188	6	0.29	40%	-0.32	9.6	3.89%	0	-0.9	60	0
12	Jun_20_2012	476.11	367.17	374.21	386.2	387.12	393.71	393.2(-1.03%)	UD	OpenLong	75	0.3	184	130	184	183	0.15	42%	-0.2	18.1	3.63%	0	1.2	62	0
13	Jun_19_2012	477.06	366.32	371.17	378.26	379.26	385.94	397.3(4.47%)	UT	OpenLong	75	0.9	155	130	155	154	0.19	42%	-0.22	8.1	3.66%	0	1.5	59	0
14	Jun_18_2012	478.1	365.42	364.8	371.9	370.54	380.54	380.3(-2.31%)	UD	OpenLong	75	0.4	145	180	155	113	0.2	41%	-0.27	-3.7	3.62%	0	0.7	45	0
15	Jun_15_2012	479.39	364.37	359.5	366.34	366.12	372.58	389.3(4.96%)	UT	OpenLong	75	1.2	178	120	205	97	0.21	42%	-0.26	-24.6	3.65%	0	1.3	52	0

16	Jun_14_2012	480.63	363.19	353.19	361.66	362.05	360.55	370.9(4.92%)	RB	SmallLong	20	0.5	13	-30	21	-13	0.17	39%	-0.34	-45.6	3.59%	0	0.4	47	0
17	Jun_13_2012	482.28	363.35	350.94	360.7	361.23	359.66	353.5(-3.28%)	DT	OpenShort	-75	-0.4	-87	-30	-91	-76	0.14	39%	-0.34	-57	3.54%	0	-0.5	42	0
18	Jun_12_2012	483.93	364.66	351.47	362.86	365.05	363.54	365.5(3.69%)	RB	SmallLong	20	0.1	20	-10	36	-28	0.15	39%	-0.32	-64.8	3.56%	0	0	46	0
19	Jun_11_2012	485.5	366.16	353.86	356.38	363.22	362.81	352.5(-3.66%)	N/A	N/A	0	-0.2	13	50	32	-43	0.18	37%	-0.33	-76.3	3.52%	0	-0.7	40	0
20	Jun_8_2012	487.09	369.26	356.33	350.96	354.17	366.57	365.9(-0.05%)	N/A	N/A	0	0.6	95	270	130	-11	0.17	38%	-0.3	-77.8	3.5%	0	-0.1	53	0

21	Jun_7_2012	488.54	372.01	357.72	343.14	345.45	363.63	366.1(0.49%)	UT	OpenLong	75	0.9	330	390	411	87	0.27	38%	-0.28	-83.3	3.51%	0	-0.2	50	0
22	Jun_6_2012	489.93	374.52	359.23	340	334.4	341.76	364.3(9.37%)	UT	OpenLong	75	0.9	159	100	211	2	0.3	37%	-0.24	-91	3.53%	0	-0.4	48	0
23	Jun_5_2012	491.12	377.55	360.63	339.18	333.91	327.27	333.1(2.37%)	DP	OpenShort	-75	-0.2	-114	-190	-107	-134	0.26	32%	-0.33	-96.9	3.34%	0	-1.5	36	0
24	Jun_4_2012	492.75	382.54	365.92	351.66	343.89	327.04	325.4(-0.43%)	DT	OpenShort	-75	-0.9	-337	-410	-377	-217	0.21	32%	-0.31	-95.1	3.32%	0	-1.9	29	0
25	Jun_1_2012	494.26	388.13	369.99	362.5	361.06	340.55	326.8(-6.74%)	DT	OpenShort	-75	-1.2	-389	-410	-439	-238	0.31	32%		-98	3.33%	0	-2.1	26	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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