Trading Signals: ERX Stock Price Prediction and Forecast

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

Fri. Oct. 4, 2013

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 $763.3000 (2.69%) ($736.8200 - $769.4000) on Fri. Oct. 4, 2013.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.15% (three month average)
RSI   52
Latest Price   $763.3000(2.69%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 0.2% a day on average for past five trading days.
Weekly Trend   ERX declines -1.7% 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(89%)    XOP(87%)    IWM(66%)    SPY(64%)    USO(62%)
Factors Impacting ERX price   ERX will decline at least -1.075% in a week (0% probabilities).
TLT(-25%)    SHY(-5%)    IGOV(-5%)    BNDX(-4%)    GLD(3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.075% (StdDev 2.15%)
Hourly BBV 0 ()
Intraday Trend 2.2%

Resistance Level   $764.57
5 Day Moving Average   $753.34(1.32%)
10 Day Moving Average   $758.31(0.66%)
20 Day Moving Average   $764.57(-0.17%)
To recent high   -4.5%
To recent low   15.7%
Market Cap   $N/A

Average daily price decay: -0%

$. ERX is a 3x leveraged ETF. You'll lose 0% a day on average for holding it.$. ERX price fluctuates within 1.88% (three month std-dev: 2.15%) 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

> 20131104

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	Oct_4_2013	712.13	764.57	758.31	753.34	750.55	751.43	763.3(2.69%)	N/A	N/A	0	0.7	60	-0	84	-13	0.03	66%	0.11	46.3	2.15%	0	-0.1	52	0
2	Oct_3_2013	711.34	763.32	759.16	752.24	746.53	750.29	743.3(-2.38%)	DT	OpenShort	-75	-0.6	-30	10	-22	-55	0.04	64%	0.07	51	2.15%	0	-1.3	46	0
3	Oct_2_2013	710.87	763.1	764.01	757.14	748.74	749.66	761.4(0.61%)	UT	OpenLong	75	0.3	85	-20	108	16	0.03	67%	0.08	58.7	2.12%	0	-0.1	51	0
4	Oct_1_2013	710.28	761.55	767.46	757.9	752.49	742.78	756.8(2.01%)	DP	OpenShort	-75	-0.1	-172	-110	-197	-97	0.02	67%	0.12	61.6	2.12%	0	-0.2	44	0
5	Sep_30_2013	709.44	759.74	768.99	759.54	757.89	747.81	741.9(-2.1%)	DT	OpenShort	-75	-0.9	-380	-100	-444	-189	0.04	67%	0.1	66	2.12%	0	-0.9	47	0

6	Sep_27_2013	708.76	758	771.23	763.76	764.92	762.21	757.8(-1.3%)	DT	OpenShort	-75	-0.3	-140	-20	-164	-67	0.01	67%	0.1	60.5	2.11%	0	-0	52	0
7	Sep_26_2013	708.02	755.42	771.79	766.98	766.61	767.96	767.8(0.34%)	DP	OpenShort	-75	0	-50	10	-63	-11	0.02	67%	0.12	59.4	2.1%	0	0.5	65	0
8	Sep_25_2013	707.19	753.26	771.36	772.04	771.14	767.64	765.2(0.03%)	N/A	N/A	0	-0.2	-37	-40	-54	13	0.02	70%	0.12	75	2.11%	0	0.4	65	0
9	Sep_24_2013	706.35	749.66	772.43	778.78	778.36	765.25	765(0.26%)	DP	OpenShort	-75	-0.5	-227	-120	-286	-49	0.02	64%	0.14	77.1	2.15%	0	0.5	67	0
10	Sep_23_2013	705.38	746.64	771.99	779.98	783.06	774.65	763(-1.41%)	DT	OpenShort	-75	-0.5	-306	-60	-383	-73	0.02	64%	0.16	82.2	2.24%	0	0.5	69	0

11	Sep_20_2013	704.28	743.87	771.7	779.38	783.66	774.65	773.9(-2.42%)	UD	OpenLong	75	-0.2	76	90	59	125	0.03	54%	0.22	82.5	2.23%	0	0.9	78	0
12	Sep_19_2013	702.73	739.8	768.13	776.72	779.5	791.48	793.1(-0.73%)	UD	OpenLong	75	0.5	391	120	430	272	0.02	57%	0.28	76.9	2.47%	0	1.6	85	0
13	Sep_18_2013	700.74	733.28	762.17	770.52	770.66	775.85	798.9(3.62%)	UT	OpenLong	75	0.8	210	50	220	181	0.05	57%	0.25	62.1	2.5%	0	1.9	73	0
14	Sep_17_2013	699	726.82	754.82	765.84	766.59	767.53	771(1.45%)	UT	HoldLong	65	0.2	71	10	54	122	0.02	57%	0.22	53.9	2.47%	0	1.3	76	0
15	Sep_16_2013	697.47	721.34	749.43	763.32	765.78	765.48	760(-0.08%)	UD	OpenLong	75	-0.1	58	10	38	116	0.03	57%	0.23	42.7	2.52%	0	1.1	67	0

16	Sep_13_2013	695.86	717.92	743.65	762.86	762.32	765.65	760.6(-0.2%)	UD	OpenLong	75	-0.1	57	30	38	115	0.02	61%	0.23	39	2.55%	0	1.3	66	0
17	Sep_12_2013	694.27	714.84	737.82	757.72	758.84	766.08	762.1(-1.73%)	UD	OpenLong	75	0.1	221	70	233	186	0.02	61%	0.23	32	2.62%	0	1.5	70	0
18	Sep_11_2013	692.65	712.15	733.73	751.96	750.85	758.98	775.5(2.25%)	UT	HoldLong	65	0.8	226	70	235	197	0.03	57%	0.29	27.7	2.63%	0	2.1	79	0
19	Sep_10_2013	690.66	709.09	724.89	742.16	743.46	751.6	758.4(0.09%)	UT	OpenLong	75	0.6	254	80	272	200	0.04	57%	0.29	19.9	2.68%	0	1.8	72	0
20	Sep_9_2013	688.65	706.8	719.03	733.54	734.72	742.73	757.7(3.1%)	UT	OpenLong	75	1	228	80	241	187	0.03	57%	0.32	7.3	2.68%	0	2.1	74	0

21	Sep_6_2013	686.45	704.94	713.47	721.74	726.63	735.33	734.9(0.22%)	UT	OpenLong	75	0.6	242	100	263	180	0.03	57%	0.28	-10.9	2.69%	0	1.4	59	0
22	Sep_5_2013	684.54	704.62	709.01	714.84	718.06	726.72	733.3(0.94%)	UT	OpenLong	75	0.8	213	100	233	153	0.02	54%	0.3	-25.1	2.71%	0	1.3	56	0
23	Sep_4_2013	682.5	703.87	701.94	712.78	711.87	717.94	726.5(1.57%)	UT	OpenLong	75	0.6	169	60	186	116	0.03	54%	0.23	-28.9	2.75%	0	1.1	52	0
24	Sep_3_2013	680.91	703.82	696.41	705.06	709.77	709.4	715.3(2.38%)	UT	OpenLong	75	0.5	122	20	139	70	0.03	54%	0.32	-36.5	2.76%	0	0.5	47	0
25	Aug_30_2013	678.72	705.01	690.98	702.38	703.27	705.8	698.7(-0.24%)	DT	OpenShort	-75	-0.1	-79	30	-91	-44	0.03	50%		-31.6	2.84%	0	-0.3	45	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

Click to see actual return for next trading day.