Trading Signals: ERX Stock Price Prediction and Forecast

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Thu. Dec. 24, 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 $250.6000 (-2.34%) ($247.3000 - $258.8000) on Thu. Dec. 24, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.55% (three month average)
RSI   40
Latest Price   $250.6000(-2.34%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 1.6% a day on average for past five trading days.
Weekly Trend   ERX declines -5.3% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Value stock sell-off for small cap.
Correlated ETFs   Broad market will support ERX advance at 0% a week (0% probability)
XLE(93%)    OIH(89%)    XOP(87%)    IWD(74%)    IVE(73%)
Factors Impacting ERX price   ERX will decline at least -2.775% in a week (0% probabilities).
VIXM(-26%)    TLT(-25%)    UUP(-16%)    IGOV(-5%)    SHY(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.775% (StdDev 5.55%)
Hourly BBV 0 ()
Intraday Trend -2.7%

1 - 5 Day Possible Target   $223.45(-10.83%)
Resistance Level   $264.24
5 Day Moving Average   $234.72(6.77%)
10 Day Moving Average   $238.09(5.25%)
20 Day Moving Average   $264.24(-5.16%)
To recent high   -37%
To recent low   14.3%
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 14.76% (three month std-dev: 5.55%) daily (68% of days).

Sample size 1 Average positive next day return: 0%(0%) Average negative next day return: -2.34%(100%) Sample size 1 Average positive next three day return: 0%(0%) Average negative next three day return: -6.12%(100%) Sample size 1 Average positive next weekly return: 0%(0%) Average negative next weekly return: -8.69%(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	Dec_24_2015	313.68	264.24	238.09	234.72	236.75	251.08	250.6(-2.34%)	UD	OpenLong	75	0.4	131	450	171	11	0.18	53%	-0.33	-58.5	5.55%	0	-0.3	40	0
2	Dec_23_2015	314.71	268.52	238.95	231.06	229.8	236.85	256.6(12.89%)	RB	SmallLong	20	0.6	101	200	142	-22	0.44	53%	-0.34	-57.3	5.55%	0	-0.3	40	0
3	Dec_22_2015	315.77	272.93	238.69	229.72	228	222.42	227.3(3.41%)	DP	OpenShort	-75	-0.1	-68	-190	-49	-126	0.3	49%	-0.44	-52.7	5.32%	0	-1	26	0
4	Dec_21_2015	317.17	278.07	240.83	235.1	234.55	222.75	219.8(0.23%)	DP	OpenShort	-75	-0.3	-162	-360	-152	-191	0.4	49%	-0.54	-51.5	5.32%	0	-1.3	20	0
5	Dec_18_2015	318.88	283.35	244.6	238.44	242.46	233.58	219.3(-5.6%)	DT	HoldShort	-65	-0.4	-152	-210	-134	-204	0.41	47%	-0.62	-51	5.33%	0	-1.5	22	0

6	Dec_17_2015	320.88	289.21	251.52	241.34	244.22	246.36	232.3(-7.04%)	DT	OpenShort	-75	-0.2	-89	100	-58	-180	0.31	48%	-0.61	-50.2	5.37%	0	-1.3	25	0
7	Dec_16_2015	322.84	295.04	257.66	247.52	244.56	251.34	249.9(-1.69%)	N/A	N/A	0	0.1	19	160	70	-133	0.38	53%	-0.5	-47.1	5.3%	0	-1.1	26	0
8	Dec_15_2015	324.45	299.2	263.67	249.12	247.23	242.08	254.2(7.48%)	DP	OpenShort	-65	0.1	-14	-170	32	-153	0.36	53%	-0.38	-50.7	5.4%	0	-1.1	26	0
9	Dec_14_2015	325.7	303.67	272.21	247.92	248.92	237.78	236.5(1.15%)	DP	OpenShort	-75	-0.3	-176	-300	-159	-227	0.42	51%	-0.49	-54.2	5.34%	0	-1.7	27	0
10	Dec_11_2015	327.29	307.79	282.28	251.88	251.91	252.39	233.8(-11.17%)	DT	OpenShort	-75	-0.5	-133	10	-112	-195	0.54	51%	-0.57	-63.1	5.34%	0	-2	29	0

11	Dec_10_2015	329.15	312.29	292.51	263.08	256.14	260.06	263.2(2.06%)	N/A	N/A	0	0	1	30	40	-118	0.39	55%	-0.48	-71.1	5.17%	0	-1.5	32	0
12	Dec_9_2015	330.73	316.22	300.33	269.56	262.09	251.43	257.9(3.91%)	DP	OpenShort	-75	-0.4	-111	-370	-94	-161	0.54	53%	-0.52	-76.8	5.17%	0	-1.9	27	0
13	Dec_8_2015	332.47	321.56	309.76	280.86	274.35	252.22	248.2(-3.16%)	DT	OpenShort	-75	-1.1	-315	-630	-342	-234	0.36	53%	-0.55	-77.6	5.19%	0	-2.5	31	0
14	Dec_7_2015	334.3	327.34	318.55	300.5	294.93	272.75	256.3(-11.56%)	DT	OpenShort	-75	-1.8	-328	-580	-367	-212	0.44	53%	-0.58	-75	5.21%	0	-2.8	30	0
15	Dec_4_2015	336.24	333.23	325.94	317.04	315.66	296.47	289.8(-1.96%)	DT	OpenShort	-75	-1.3	-261	-440	-297	-152	0.36	55%	-0.52	-67.2	5.04%	0	-2.1	48	0

16	Dec_3_2015	338.01	337.59	330.71	326.08	329.32	317.11	295.6(-5.98%)	DT	OpenShort	-75	-1.5	-195	-230	-226	-100	0.37	55%	-0.5	-50.3	5.08%	0	-2.1	48	0
17	Dec_2_2015	339.7	342.12	336.21	335.44	336.24	334.85	314.4(-9.24%)	DT	OpenShort	-75	-1.1	-81	-20	-99	-28	0.31	57%	-0.51	-26.6	5.02%	0	-1.4	46	0
18	Dec_1_2015	341.45	346.16	338.2	342.88	340.25	341.53	346.4(2.18%)	UT	OpenLong	75	0.2	40	0	42	35	0.16	57%	-0.39	2.2	4.88%	0	0	46	0
19	Nov_30_2015	342.77	347.19	337.66	339.64	340.55	337.63	339(1.19%)	UT	OpenLong	75	-0	12	-50	12	11	0.19	57%	-0.37	7.4	5.04%	0	-0.4	45	0
20	Nov_27_2015	344.06	347.57	335.14	336.4	336.9	338.97	335(-2.16%)	DT	OpenShort	-75	-0.1	-35	50	-36	-33	0.13	63%	-0.68	2.5	5.11%	0	-0.6	42	0

21	Nov_25_2015	346.42	347.85	333.38	336.14	335.52	343.48	342.4(-2.62%)	N/A	N/A	0	0.3	64	160	86	-1	0.17	63%	-0.41	-0.6	5.5%	0	-0.2	42	0
22	Nov_24_2015	347.83	347.49	332.84	337.26	333.93	334.84	351.6(6.48%)	RB	SmallLong	20	0.6	51	-10	74	-18	0.3	58%	-0.34	0.4	5.53%	0	0.2	41	0
23	Nov_23_2015	349.02	345.68	333.4	333.16	333.23	327.56	330.2(2.29%)	DP	OpenShort	-75	-0.1	-67	-120	-61	-85	0.23	56%	-0.05	-10.7	5.86%	0	-0.6	32	0
24	Nov_20_2015	349.21	345.55	336.06	335.62	335.58	333.01	322.8(-3.27%)	DT	OpenShort	-75	-0.5	-51	-50	-43	-76	0.2	52%	-0.48	-11.8	5.99%	0	-1	40	0
25	Nov_19_2015	350.89	347.02	340.63	333.34	334.89	338.9	333.7(-4.11%)	N/A	N/A	0	0	22	100	42	-40	0.34	50%		-17.8	6.04%	0	-0.6	50	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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