Trading Signals: ERX Stock Price Prediction and Forecast

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Thu. May. 8, 2014

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 $1060.9000 (-4.22%) ($1058.0100 - $1106.5000) on Thu. May. 8, 2014.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.2% (three month average)
RSI   60
Latest Price   $1060.9000(-4.22%)
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 1.3% 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)
XLE(93%)    OIH(89%)    XOP(87%)    XLB(67%)    IWM(65%)
Factors Impacting ERX price   ERX will decline at least -1.1% in a week (0% probabilities).
TLT(-25%)    UUP(-13%)    SHY(-5%)    IGOV(-5%)    BNDX(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.1% (StdDev 2.2%)
Hourly BBV 0 ()
Intraday Trend -3.9%

5 Day Moving Average   $1077.04(-1.5%)
10 Day Moving Average   $1066.89(-0.56%)
20 Day Moving Average   $1033.66(2.64%)
To recent high   -4.2%
To recent low   40.9%
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 5.65% (three month std-dev: 2.2%) 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

> 20140608

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	May_8_2014	881.6	1033.66	1066.89	1077.04	1081.39	1090.3	1060.9(-4.22%)	UD	OpenLong	75	-0.3	69	70	71	64	0.02	63%	0.27	61.9	2.2%	0	0.5	60	NAN
2	May_7_2014	879.24	1027.96	1067.17	1075.82	1075.74	1090.6	1107.7(2.54%)	UT	HoldLong	65	0.5	511	100	586	284	0.02	69%	0.37	59.2	2.13%	0	1.3	81	NAN
3	May_6_2014	876.03	1019	1062.19	1066.82	1064.92	1072.48	1080.3(0.47%)	UT	HoldLong	65	0.2	326	40	366	207	0.01	70%	0.32	55.1	2.14%	0	1	83	NAN
4	May_5_2014	873.23	1010.33	1058.62	1063.52	1058.32	1060.89	1075.2(1.33%)	UT	HoldLong	65	0.2	69	0	56	107	0.01	67%	0.34	50.8	2.19%	0	1	86	NAN
5	May_2_2014	870.28	1003.93	1056.11	1058.54	1060.43	1057.37	1061.1(0.6%)	UT	HoldLong	65	0	98	-10	83	144	0.02	64%	0.31	52.3	2.33%	0	0.9	88	NAN

6	May_1_2014	867.58	998.72	1053.28	1055.26	1056.92	1055.75	1054.8(-0.74%)	N/A	N/A	0	-0	-91	-0	-148	80	0.01	64%	0.32	58.2	2.35%	0	0.9	85	NAN
7	Apr_30_2014	864.83	993	1048.56	1056.84	1055.55	1063.48	1062.7(-0.1%)	UD	OpenLong	75	0.1	101	50	73	186	0.01	61%	0.29	66.3	2.41%	0	1.1	72	NAN
8	Apr_29_2014	862.36	986.29	1039.67	1056.82	1058.63	1058.09	1063.8(1.29%)	UT	OpenLong	75	0.1	265	0	261	276	0.02	61%	0.28	73.1	2.41%	0	1.3	74	NAN
9	Apr_28_2014	859.95	978.71	1027.1	1053.08	1055.36	1047.61	1050.3(0.54%)	N/A	N/A	0	-0	-151	-40	-230	86	0.02	62%	0.27	78.9	2.43%	0	1.2	76	NAN
10	Apr_25_2014	857.66	971.82	1012.5	1053.32	1054.69	1059.18	1044.7(-1.69%)	N/A	N/A	0	-0.1	-5	30	-57	149	0.02	62%	0.27	86.5	2.43%	0	1.2	63	NAN

11	Apr_24_2014	855.33	963.71	998.77	1050.58	1052.92	1063.1	1062.7(0.01%)	UT	OpenLong	75	0.2	403	70	427	330	0.02	57%	0.28	88.6	2.43%	0	1.7	64	NAN
12	Apr_23_2014	852.92	953.58	986.31	1038.6	1040.55	1050.21	1062.6(1.67%)	UT	OpenLong	75	0.4	330	70	347	277	0.02	55%	0.27	87	2.57%	0	1.9	66	NAN
13	Apr_22_2014	850.6	943.79	972.44	1019.62	1024.49	1042.73	1045.1(-0.61%)	UD	OpenLong	75	0.5	466	140	515	318	0.02	55%	0.26	84.4	2.61%	0	1.9	66	NAN
14	Apr_21_2014	848.39	933.92	957.92	996.72	1000.91	1030.9	1051.5(1.99%)	UT	OpenLong	75	1.1	737	220	844	417	0.03	55%	0.27	76.5	2.62%	0	2.3	69	NAN
15	Apr_17_2014	846.09	923.84	946.58	965.3	970.46	1006.24	1031(2.81%)	UT	OpenLong	75	1.4	907	270	1054	467	0.03	55%	0.24	67.2	2.62%	0	2.3	67	NAN

16	Apr_16_2014	844.06	914.48	938.26	939.3	939.17	970.91	1002.8(3.63%)	UT	OpenLong	75	1.5	792	240	923	397	0.04	54%	0.19	59.9	2.6%	0	2	69	NAN
17	Apr_15_2014	842.49	906.11	931.31	926.94	920.47	934.68	967.7(3.99%)	UT	OpenLong	75	1	503	90	583	263	0.04	52%	0.13	56.5	2.57%	0	1.6	69	NAN
18	Apr_14_2014	841.37	900.53	927.2	919.02	916.52	907.44	930.6(4.05%)	UT	OpenLong	75	0.3	38	-80	35	47	0.03	52%	0.06	53.5	2.53%	0	0.8	62	NAN
19	Apr_11_2014	840.88	896.03	925.67	913.4	915.96	906.27	894.4(-0.73%)	DT	OpenShort	-75	-0.5	-380	-70	-459	-144	0.02	46%	0.03	42.9	2.62%	0	-0	62	NAN
20	Apr_10_2014	840.63	892.93	928.2	924.34	923	925.61	901(-4.25%)	CR	SmallShort	-20	-0.5	-103	20	-142	13	0.03	46%	0.07	42.9	2.64%	0	0.2	62	NAN

21	Apr_9_2014	840.05	889.24	927.11	936.08	934.62	925.65	941(1.39%)	UT	OpenLong	75	0.1	58	-70	39	115	0.02	48%	0.11	45.5	2.57%	0	1.2	71	NAN
22	Apr_8_2014	839.11	884.49	919.63	936.2	940	920.4	928.1(2.84%)	DP	OpenShort	-75	-0.2	-397	-130	-499	-91	0.02	48%	0.1	46.9	2.57%	0	1	72	NAN
23	Apr_7_2014	838.27	880.34	914.32	936.76	944.09	943.58	902.5(-4.91%)	DT	OpenShort	-75	-0.8	-239	20	-315	-10	0.03	48%	0.04	46.5	2.57%	0	0.5	61	NAN
24	Apr_4_2014	837.92	878.98	909.85	939.12	944.24	959.6	949.1(-1.1%)	UD	OpenLong	75	0.2	410	130	444	308	0.03	51%	0.12	52.7	2.48%	0	1.7	76	NAN
25	Apr_3_2014	836.93	874.86	900.53	932.24	933.01	944.59	959.7(1.92%)	UT	HoldLong	65	0.7	442	90	481	324	0.03	51%		54.1	2.49%	0	2.3	81	NAN
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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