Trading Signals: ERX Stock Price Prediction and Forecast

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Mon. Sep. 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 $329.1000 (2.84%) ($310.6000 - $333.5000) on Mon. Sep. 12, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.9% (three month average)
RSI   54
Latest Price   $329.1000(2.84%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 1.1% a day on average for past five trading days.
Weekly Trend   ERX advances 1.8% 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(74%)    IVE(72%)
Factors Impacting ERX price   ERX will decline at least -1.95% in a week (0% probabilities).
TLT(-23%)    VIXM(-22%)    UUP(-16%)    IBUY(-7%)    IGOV(-5%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.95% (StdDev 3.9%)
Hourly BBV 0 ()
Intraday Trend 5.1%

5 Day Moving Average   $331.58(-0.75%)
10 Day Moving Average   $322.4(2.08%)
20 Day Moving Average   $322.64(2%)
To recent high   -6.1%
To recent low   25.3%
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 3.28% (three month std-dev: 3.9%) 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

> 20161012

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	Sep_12_2016	299.55	322.64	322.4	331.58	331.74	326.43	329.1(2.84%)	DP	OpenShort	-75	-0.2	-106	-110	-133	-26	0.39	53%	0.12	71.3	3.9%	0	0.6	54	0
2	Sep_9_2016	299.2	321.64	321.17	328.06	331.49	337.38	320(-8.7%)	UD	OpenLong	75	-0.7	45	160	49	32	0.45	50%	0.12	66.8	3.98%	0	-0.2	46	0
3	Sep_8_2016	298.83	320.9	321.23	324.66	326.28	337.06	350.5(5.57%)	UT	OpenLong	75	2.2	210	250	248	94	0.38	54%	0.21	62.2	3.83%	0	2.5	53	0
4	Sep_7_2016	298.19	317.91	318.11	315.54	315.58	325.61	332(1.75%)	UT	OpenLong	75	1.5	146	220	180	43	0.3	54%	0.18	43.1	3.77%	0	1.3	56	0
5	Sep_6_2016	297.66	316.32	317.33	313	310.32	315.5	326.3(4.75%)	UT	OpenLong	75	1.2	100	90	127	19	0.37	57%	0.37	48.6	3.85%	0	0.9	55	0

6	Sep_2_2016	296.57	315.25	316.72	312.36	310.79	305.55	311.5(2.81%)	DP	OpenShort	-75	-0.1	-17	-130	-11	-35	0.29	55%	0.17	60.7	3.86%	0	-0.3	50	0
7	Sep_1_2016	296.08	314.5	318.65	313.5	312.71	305.14	303(-0.62%)	DT	OpenShort	-75	-0.8	-162	-180	-185	-93	0.38	55%	0.14	57.3	3.85%	0	-0.9	50	0
8	Aug_31_2016	295.66	313.84	322.22	317	317.54	316.03	304.9(-4.51%)	DT	OpenShort	-75	-0.8	-69	-30	-83	-27	0.34	55%	0.16	61.5	3.85%	0	-0.6	55	0
9	Aug_30_2016	295.18	313.14	323.97	320.64	320.41	320.28	319.3(-1.18%)	UD	OpenLong	75	-0.1	18	-0	12	34	0.28	57%	0.29	60.7	3.81%	0	0.4	70	0
10	Aug_29_2016	294.34	310.92	323.87	322.12	320.62	319.05	323.1(1.86%)	N/A	N/A	0	0.1	-16	-50	-31	30	0.26	57%	0.29	50.2	3.83%	0	0.6	64	0

11	Aug_26_2016	293.5	308.17	323.16	321.84	322.11	320.54	317.2(-1.03%)	N/A	N/A	0	-0.2	-12	-30	-28	36	0.41	57%	0.32	44.6	3.83%	0	0.5	58	0
12	Aug_25_2016	292.57	307.01	322.49	324.72	322.38	322.19	320.5(-0.8%)	CR	SmallShort	-20	-0.2	-27	-30	-50	43	0.26	59%	0.32	45.6	3.83%	0	0.7	65	0
13	Aug_24_2016	291.65	305.26	320.98	328.34	325.58	323.68	323.1(-1.1%)	UD	OpenLong	75	-0.3	21	-70	0	84	0.31	59%	0.38	46.6	3.87%	0	0.9	70	0
14	Aug_23_2016	290.56	303.33	318.03	327.72	327.5	322.58	326.7(1.55%)	N/A	N/A	0	-0.1	-18	-110	-47	68	0.3	59%	0.37	40	3.87%	0	1.2	70	0
15	Aug_22_2016	289.48	301.59	315.42	325.78	325.75	327.49	321.7(-2.99%)	N/A	N/A	0	-0.2	-18	40	-50	78	0.33	59%	0.34	33.8	3.86%	0	1.1	75	0

16	Aug_19_2016	288.51	299.89	313.75	324.46	324.28	332.43	331.6(-2.07%)	UD	OpenLong	75	0.4	161	170	155	179	0.28	59%	0.34	24.9	3.85%	0	1.8	82	0
17	Aug_18_2016	287.53	298.4	309.93	319.8	319.44	324.01	338.6(5.81%)	UT	OpenLong	75	1.1	164	100	161	172	0.39	59%	0.37	15.8	3.83%	0	2.4	64	0
18	Aug_17_2016	286.48	296.4	304.52	312.74	313.49	316.13	320(0.95%)	UT	OpenLong	75	0.5	74	70	61	114	0.39	57%	0.3	-0.6	3.8%	0	1.7	63	0
19	Aug_16_2016	285.61	295.83	301.2	306.94	309.17	314.86	317(0.6%)	UT	OpenLong	75	0.7	100	150	95	113	0.32	58%	0.31	-12.8	3.8%	0	1.5	63	0
20	Aug_15_2016	284.74	295.48	296.74	303.54	304.53	310.85	315.1(2.21%)	UT	OpenLong	75	0.8	116	160	120	103	0.32	58%	0.11	-22.5	3.84%	0	1.4	57	0

21	Aug_12_2016	284.43	295.49	291.78	301.5	301.88	303.48	308.3(1.65%)	UT	OpenLong	75	0.5	78	40	80	70	0.37	58%	0.27	-20.2	3.87%	0	0.9	57	0
22	Aug_11_2016	283.67	295.83	290.1	298.58	301.05	298.21	303.3(4.23%)	UT	HoldLong	50	0.3	4	-40	-2	23	0.45	58%	0.26	-19.2	3.87%	0	0.5	48	0
23	Aug_10_2016	282.93	296.48	288.14	295.06	298.67	300.28	291(-3%)	DT	OpenShort	-75	-0.3	-20	70	-24	-6	0.38	59%	0.16	-16.2	3.84%	0	-0.4	45	0
24	Aug_9_2016	282.48	297.63	287.49	294.28	295.86	303.89	300(-1.61%)	UD	OpenLong	75	0.4	123	210	148	47	0.32	59%	0.18	-11.9	3.86%	0	0.1	44	0
25	Aug_8_2016	281.98	298.66	286.66	288.58	289.57	297.06	304.9(3.81%)	UT	OpenLong	75	1	161	190	201	41	0.41	59%		-13.6	3.9%	0	0.4	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

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