Trading Signals: ERX Stock Price Prediction and Forecast

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Fri. Jan. 23, 2015

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 $538.9000 (-2.09%) ($536.5000 - $562.4000) on Fri. Jan. 23, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.41% (three month average)
RSI   39
Latest Price   $538.9000(-2.09%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 2.9% a day on average for past five trading days.
Weekly Trend   ERX declines -0.9% a week on average for past two weeks.
Market Behavior   Value stocks sell-off 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%)    IVE(73%)    VYM(70%)
Factors Impacting ERX price   ERX will decline at least -2.705% in a week (0% probabilities).
VIXM(-28%)    TLT(-25%)    UUP(-14%)    SHY(-5%)    IGOV(-5%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.705% (StdDev 5.41%)
Hourly BBV 0 ()
Intraday Trend -0.6%

Resistance Level   $544.98
5 Day Moving Average   $530.76(1.53%)
10 Day Moving Average   $511.87(5.28%)
20 Day Moving Average   $544.98(-1.12%)
To recent high   -37.7%
To recent low   16%
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 9.4% (three month std-dev: 5.41%) daily (68% of days).

Sample size 1 Average positive next day return: 0%(0%) Average negative next day return: -2.81%(100%) Sample size 1 Average positive next three day return: 0%(0%) Average negative next three day return: -19.4%(100%) Sample size 1 Average positive next weekly return: 0%(0%) Average negative next weekly return: -27.18%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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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_23_2015	753.84	544.98	511.87	530.76	530.84	545.14	538.9(-2.09%)	UD	OpenLong	75	0.2	126	190	151	51	0.27	45%	-0.82	-34.7	5.41%	0	-0.1	39	INF
2	Jan_22_2015	760.09	549.65	512.39	515.86	517.53	537.98	550.4(1.53%)	UT	OpenLong	75	0.7	239	290	292	80	0.35	44%	-0.87	-29.5	5.45%	0	0	42	INF
3	Jan_21_2015	766.73	552.74	508.5	502.36	501.95	516.53	542.1(5.82%)	UT	OpenLong	75	0.7	213	200	271	38	0.37	46%	-0.86	-23.6	5.49%	0	-0.2	39	INF
4	Jan_20_2015	773.38	557.03	505.11	489.62	486.57	497.08	512.3(0.43%)	N/A	N/A	0	0.4	69	130	111	-59	0.47	45%	-0.95	-17.7	5.56%	0	-0.7	32	INF
5	Jan_16_2015	780.8	560.82	507.17	485.48	482.78	487.38	510.1(9.84%)	N/A	N/A	0	0.4	41	50	85	-90	0.5	46%	-0.92	-14.5	5.55%	0	-0.8	33	INF

6	Jan_15_2015	788.03	563.32	516.45	491.06	485.18	476.06	464.4(-3.83%)	DT	HoldShort	-65	-0.4	-128	-170	-114	-169	0.62	43%	-0.97	-10.2	5.44%	0	-1.6	22	INF
7	Jan_14_2015	795.74	565.57	530.28	508.48	499.96	478.19	482.9(0.94%)	DP	OpenShort	-75	-0.5	-240	-360	-249	-212	0.68	42%	-0.94	-9.2	5.43%	0	-1.5	22	INF
8	Jan_13_2015	803.33	566.27	543.5	515.22	517.37	494.3	478.4(-2.69%)	DT	OpenShort	-75	-0.7	-287	-300	-306	-228	0.36	40%	-0.92	-12.3	5.45%	0	-1.6	28	INF
9	Jan_12_2015	810.78	567.81	558.89	522.06	526.39	521.73	491.6(-8.62%)	DT	OpenShort	-75	-0.6	-199	-40	-205	-179	0.35	40%	-0.85	-20.1	5.55%	0	-1.4	27	INF
10	Jan_9_2015	817.76	569.91	572.6	531.08	532.02	540.44	538(-2.45%)	N/A	N/A	0	0.1	23	120	51	-63	0.28	39%	-0.82	-26.7	5.48%	0	-0.6	45	INF

11	Jan_8_2015	824.52	569.51	581.35	546.18	536.54	531.06	551.5(6.76%)	DP	OpenShort	-75	0.1	-38	-120	-27	-69	0.28	40%	-0.79	-31.1	5.64%	0	-0.3	54	INF
12	Jan_7_2015	831.11	570.72	590.14	556.82	552.76	523.6	516.6(0.78%)	DP	OpenShort	-75	-0.7	-253	-390	-290	-142	0.29	37%	-0.82	-31.8	5.58%	0	-1	61	INF
13	Jan_6_2015	837.99	573.1	601.04	577	573.73	542.03	512.6(-4.49%)	DT	OpenShort	-75	-1.2	-425	-400	-505	-185	0.45	37%	-0.78	-29.1	5.59%	0	-1.1	62	INF
14	Jan_5_2015	844.62	579.13	614.03	601	598.63	581.91	536.7(-12.52%)	DT	OpenShort	-75	-1.2	-256	-210	-321	-61	0.44	37%	-0.74	-17.7	5.57%	0	-0.8	63	INF
15	Jan_2_2015	850.9	585	620.1	619	617.06	605.43	613.5(1.46%)	N/A	N/A	0	-0.1	-86	-140	-132	52	0.37	39%	-0.95	-18.1	5.36%	0	0.5	67	INF

16	Dec_31_2014	859.06	587.4	614.76	621.52	623.93	615.34	604.7(-2.07%)	N/A	N/A	0	-0.3	-101	-80	-153	56	0.27	38%	-0.62	-25.1	5.36%	0	0.3	66	INF
17	Dec_30_2014	864.44	589.33	604.6	628.82	628.17	628.7	617.5(-2.39%)	N/A	N/A	0	-0.2	-16	0	-52	93	0.23	37%	-0.63	-35.2	5.4%	0	0.5	56	INF
18	Dec_29_2014	869.94	589.68	591.66	629.1	631.04	632.53	632.6(0.94%)	UT	OpenLong	75	0.1	82	30	66	130	0.23	37%	-0.61	-50.9	5.42%	0	0.7	61	INF
19	Dec_26_2014	875.28	588.8	577.92	629.52	627.13	627.64	626.7(0.1%)	UT	OpenLong	75	-0	28	-10	9	84	0.2	38%	-0.83	-65.3	5.41%	0	0.6	49	INF
20	Dec_24_2014	882.57	594.97	567.11	621.16	623.15	629.56	626.1(-2.35%)	UD	OpenLong	75	0.1	95	80	98	85	0.16	37%	-0.55	-59.7	5.42%	0	0.4	46	INF

21	Dec_23_2014	887.49	602.61	556.3	606.48	611.96	626.63	641.2(3.6%)	UT	OpenLong	75	0.4	220	190	258	105	0.24	37%	-0.62	-54.8	5.42%	0	0.5	45	INF
22	Dec_22_2014	893.04	611.4	548.34	576.16	585.38	616.74	618.9(-2.49%)	UD	OpenLong	75	0.4	314	420	382	108	0.33	37%	-0.58	-52.2	5.39%	0	0.1	46	INF
23	Dec_19_2014	898.25	622.39	541.14	547.9	552.66	597.29	634.7(8.51%)	UT	OpenLong	75	0.8	479	590	589	148	0.41	37%	-0.59	-50.1	5.41%	0	0.1	50	INF
24	Dec_18_2014	903.59	631.2	538.9	519.14	522.28	554.03	584.9(5.83%)	UT	OpenLong	75	0.5	445	440	558	104	0.52	34%	-0.73	-51.1	5.28%	0	-0.4	46	INF
25	Dec_17_2014	910.25	641.56	544.47	506.06	502.49	508.04	552.7(12.89%)	RB	SmallLong	20	0.4	109	60	172	-82	0.59	32%		-52.4	5.22%	0	-0.7	30	INF
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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