Trading Signals: ERX Stock Price Prediction and Forecast

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Tue. Jul. 12, 2016

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 $323.5000 (7.58%) ($313.0000 - $327.4100) on Tue. Jul. 12, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.96% (three month average)
RSI   53
Latest Price   $323.5000(7.58%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 2% a day on average for past five trading days.
Weekly Trend   ERX advances 0.8% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support ERX advance at 0% a week (0% probability)
XLE(92%)    OIH(90%)    XOP(86%)    IWD(73%)    IVE(72%)
Factors Impacting ERX price   ERX will decline at least -1.98% in a week (0% probabilities).
TLT(-23%)    VIXM(-22%)    UUP(-16%)    IGOV(-5%)    IPO(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.98% (StdDev 3.96%)
Hourly BBV 0 ()
Intraday Trend 2.8%

5 Day Moving Average   $301.7(7.23%)
10 Day Moving Average   $300.93(7.5%)
20 Day Moving Average   $298(8.56%)
To recent high   -0.2%
To recent low   28.3%
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 4.64% (three month std-dev: 3.96%) daily (68% of days).

Sample size 1 Average positive next day return: 0%(0%) Average negative next day return: -1.21%(100%) Sample size 1 Average positive next three day return: 0%(0%) Average negative next three day return: -1.82%(100%) Sample size 1 Average positive next weekly return: 0.61%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20160812

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_12_2016	265.77	298	300.93	301.7	303.88	311.61	323.5(7.58%)	UT	OpenLong	75	1.6	177	200	205	94	0.35	68%	0.49	-11.9	3.96%	0	1.8	53	0
2	Jul_11_2016	264.48	296.32	294.94	295.78	296.82	300.44	300.7(0.37%)	UT	OpenLong	75	0.4	50	100	65	4	0.18	66%	0.46	-30.4	4.01%	0	0.3	51	0
3	Jul_8_2016	263.28	296.06	293.59	298.16	294.77	296.15	299.6(4.1%)	N/A	N/A	0	0.1	5	-0	11	-15	0.26	66%	0.45	-22	4.02%	0	0.3	53	0
4	Jul_7_2016	262.1	296.78	295.47	299.8	297.91	293.2	287.8(-3.07%)	DT	OpenShort	-75	-0.9	-16	-130	-19	-6	0.39	65%	0.38	-8.5	4.06%	0	-0.7	53	0
5	Jul_6_2016	261.11	298.42	297.33	302.26	299.64	293.39	296.9(1.02%)	DP	OpenShort	-75	-0.4	-96	-170	-118	-30	0.29	65%	0.48	6.9	4.04%	0	-0.1	54	0

6	Jul_5_2016	259.86	299.66	298.67	299.6	300.74	302.63	293.9(-5.98%)	UD	OpenLong	75	-0.4	5	60	-0	19	0.36	65%	0.5	12	4.1%	0	-0.4	53	0
7	Jul_1_2016	258.58	300.18	299.42	293.36	296.77	305.9	312.6(1.56%)	UT	OpenLong	75	1.3	149	250	173	75	0.19	68%	0.62	4	4.01%	0	0.8	57	0
8	Jun_30_2016	256.99	298.84	297.38	288.28	286.56	298.86	307.8(2.57%)	UT	OpenLong	75	1.3	132	280	158	54	0.27	68%	0.59	-7.1	4.03%	0	0.6	55	0
9	Jun_29_2016	255.47	297.89	295.1	291.12	283.44	287.64	300.1(5.82%)	UT	OpenLong	75	0.6	101	20	123	33	0.31	68%	0.56	-4	4.02%	0	0.1	46	0
10	Jun_28_2016	254.05	297.44	294	292.4	288.95	274.25	283.6(7.96%)	DP	OpenShort	-75	-0.6	-119	-390	-132	-81	0.18	66%	0.45	0.8	3.96%	0	-0.9	39	0

11	Jun_27_2016	252.92	297.83	294.89	298.02	296.83	279.25	262.7(-8.53%)	DT	OpenShort	-75	-2.3	-347	-430	-400	-189	0.29	63%	0.35	14.3	3.85%	0	-2.3	29	0
12	Jun_24_2016	252.04	299.57	298.26	305.68	305.88	303.65	287.2(-10.81%)	DT	OpenShort	-75	-1.4	-153	-50	-176	-83	0.35	70%	0.4	38.5	3.72%	0	-1	46	0
13	Jun_23_2016	251.04	299.91	299.29	306.88	309.51	314.41	322(5.06%)	UT	OpenLong	75	1.2	136	140	161	59	0.25	74%	0.54	48	3.45%	0	1.7	65	0
14	Jun_22_2016	249.69	298.48	298.27	299.48	303.13	308.11	306.5(-1.67%)	UD	OpenLong	75	0.6	101	150	123	35	0.43	72%	0.55	43	3.51%	0	0.7	59	0
15	Jun_21_2016	248.32	297.32	299.52	295.98	295.31	304.61	311.7(3.55%)	UT	OpenLong	75	1.3	111	210	133	43	0.29	72%	0.5	33.4	3.51%	0	1.2	60	0

16	Jun_20_2016	247.08	295.66	300.38	291.82	291.45	298.14	301(2.66%)	UT	OpenLong	75	0.8	177	160	210	79	0.28	70%	0.42	23.1	3.49%	0	0.4	58	0
17	Jun_17_2016	246.05	294.68	300.66	290.08	287.65	286.01	293.2(2.88%)	UT	OpenLong	75	0.2	11	-70	14	1	0.37	70%	0.45	23.9	3.48%	0	-0.1	52	0
18	Jun_16_2016	244.95	293.92	300.15	290.64	288	284.75	285(-1.38%)	DT	OpenShort	-75	-0.4	-107	-110	-124	-56	0.55	70%	0.49	23.9	3.5%	0	-0.7	49	0
19	Jun_15_2016	243.76	293.56	300.84	296.92	293.43	289.3	289(-0.65%)	DT	OpenShort	-75	-0.6	-76	-130	-92	-26	0.3	70%	0.49	36.5	3.55%	0	-0.3	48	0
20	Jun_14_2016	242.56	293.35	301.24	303.58	299.62	291.25	290.9(-0.48%)	DT	OpenShort	-75	-0.9	-145	-230	-181	-36	0.33	70%	0.58	54.6	3.55%	0	-0.2	57	0

21	Jun_13_2016	241.17	292.87	301.28	310.24	309.1	297.55	292.3(-1.25%)	DT	OpenShort	-75	-1.3	-152	-270	-198	-14	0.23	70%	0.48	74.9	3.56%	0	-0	60	0
22	Jun_10_2016	240.01	291.7	301.52	312.6	314.74	307.99	296(-6.45%)	CR	SmallShort	-20	-1.1	-119	-130	-163	13	0.29	73%	0.59	73.5	3.67%	0	0.3	61	0
23	Jun_9_2016	238.61	290.8	301.25	310.52	314.01	320.65	316.4(-1.83%)	UD	OpenLong	75	0.4	70	180	57	107	0.2	80%	0.74	70.6	3.56%	0	1.7	74	0
24	Jun_8_2016	236.86	288.64	299.02	305	307.01	321.5	322.3(-0.59%)	UD	OpenLong	75	1.2	271	350	296	197	0.32	68%	0.72	67.4	3.59%	0	2.3	79	0
25	Jun_7_2016	235.17	286.02	294.92	298.64	296.54	307.36	324.2(6.61%)	UT	OpenLong	75	2	234	230	259	158	0.3	68%		62	3.94%	0	3	71	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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