Trading Signals: ERX Stock Price Prediction and Forecast

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Tue. Nov. 22, 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 $359.0000 (-0.19%) ($346.6000 - $365.8000) on Tue. Nov. 22, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.67% (three month average)
RSI   75
Latest Price   $359.0000(-0.19%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 0.8% a day on average for past five trading days.
Weekly Trend   ERX advances 6.9% a week on average for past two weeks.
Market Behavior   Normal 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 -1.835% in a week (0% probabilities).
TLT(-23%)    VIXM(-22%)    UUP(-17%)    IGOV(-5%)    SHY(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.835% (StdDev 3.67%)
Hourly BBV 0 ()
Intraday Trend -0.2%

5 Day Moving Average   $345.18(4%)
10 Day Moving Average   $337.22(6.46%)
20 Day Moving Average   $322.52(11.31%)
To recent high   -0.2%
To recent low   25.9%
Market Cap   $N/A

Average daily price decay: -0.01%

$. ERX is a 3x leveraged ETF. You'll lose 0.01% a day on average for holding it.$. ERX price fluctuates within 5.8% (three month std-dev: 3.67%) daily (68% of days).

Sample size 6 Average positive next day return: 2.04%(83%) Average negative next day return: -0.45%(17%) Sample size 6 Average positive next three day return: 3.04%(67%) Average negative next three day return: -2.44%(33%) Sample size 6 Average positive next weekly return: 4.46%(67%) Average negative next weekly return: -4.88%(33%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20161222

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	Nov_22_2016	313.69	322.52	337.22	345.18	347.58	356.61	359(-0.19%)	UD	OpenLong	75	0.7	185	200	184	186	0.24	71%	0.14	30.7	3.67%	0	1.9	75	0
2	Nov_21_2016	313.24	320.28	332.53	342.54	343.6	345.81	359.7(6.89%)	UT	OpenLong	75	1	155	50	149	171	0.27	71%	0.15	29.6	3.7%	0	2.4	68	0
3	Nov_18_2016	312.76	318.19	327.53	334.46	338.95	338.54	336.5(1.23%)	UT	OpenLong	75	0.1	36	30	14	102	0.17	70%	0.09	21.2	3.61%	0	1.3	64	0
4	Nov_17_2016	312.47	317.51	323.38	330.06	333.39	341.38	332.4(-1.74%)	UD	OpenLong	75	0.2	81	200	73	103	0.23	70%	0.11	14.3	3.68%	0	1.1	57	0
5	Nov_16_2016	312.14	317.34	319.97	329.9	327.82	339.36	338.3(-2.17%)	UD	OpenLong	75	0.6	202	230	218	153	0.3	70%	0.18	16	3.67%	0	1.5	58	0

6	Nov_15_2016	311.59	316.88	315.53	327.9	324.9	325.39	345.8(8.3%)	UT	OpenLong	75	1.3	156	-20	169	117	0.31	70%	0.27	13.3	3.66%	0	2.2	59	0
7	Nov_14_2016	310.75	315.39	311.13	321.24	320.86	316.29	319.3(1.53%)	DP	OpenShort	-75	-0.2	-84	-100	-106	-18	0.22	68%	0.1	-7	3.53%	0	0.3	50	0
8	Nov_11_2016	310.43	315.2	309.58	319.58	320.09	324.41	314.5(-5.16%)	UD	OpenLong	75	-0.4	18	100	18	17	0.29	69%	-0.02	-22.8	3.53%	0	-0.1	45	0
9	Nov_10_2016	310.5	315.52	309.39	315.22	317.24	325.43	331.6(1.01%)	UT	OpenLong	75	1.4	192	200	229	82	0.36	73%	0.08	-37	3.5%	0	1.3	51	0
10	Nov_9_2016	310.25	315.1	307.57	308.3	308.15	315.78	328.3(5.06%)	UT	OpenLong	75	1.7	129	170	163	27	0.32	73%	0.05	-57.5	3.52%	0	1.1	45	0

11	Nov_8_2016	310.08	315.11	306.38	301.38	301.78	309.05	312.5(0.48%)	N/A	N/A	0	0.9	124	170	165	-1	0.21	71%	0.04	-72.3	3.47%	0	-0.2	34	0
12	Nov_7_2016	309.97	316.2	306.75	299.78	297.26	300.53	311(6.25%)	RB	SmallLong	20	0.8	59	50	91	-36	0.24	71%	0.06	-63.7	3.5%	0	-0.4	45	0
13	Nov_4_2016	309.79	317.91	307.75	298.44	296.93	294.51	292.7(-1.45%)	DT	OpenShort	-75	-0.4	-47	-70	-33	-89	0.29	69%	0.03	-61.2	3.44%	0	-1.8	36	0
14	Nov_3_2016	309.71	320	311.08	302.64	300.64	293.99	297(1.12%)	DP	OpenShort	-75	-0.4	-128	-170	-132	-115	0.24	71%	0.03	-57.2	3.43%	0	-1.7	35	0
15	Nov_2_2016	309.63	322.11	314.6	306.64	305.98	299.34	293.7(-3.55%)	DT	OpenShort	-75	-1	-168	-160	-184	-121	0.44	71%	0.01	-47.1	3.5%	0	-2.2	29	0

16	Nov_1_2016	309.6	324.36	318.64	311.92	313.04	307.29	304.5(0.07%)	DP	OpenShort	-75	-0.7	-96	-120	-103	-73	0.32	66%	0.04	-36.4	3.48%	0	-1.8	31	0
17	Oct_31_2016	309.48	325.39	320.32	314.64	315.53	312.63	304.3(-3%)	DT	OpenShort	-75	-1	-107	-60	-117	-77	0.27	66%	0.03	-15.8	3.7%	0	-2.1	28	0
18	Oct_28_2016	309.39	326.88	321.73	318.38	318.97	318.79	313.7(-1.04%)	DT	OpenShort	-75	-0.5	-18	0	-11	-39	0.45	66%	-0.01	15.1	3.7%	0	-1.5	27	0
19	Oct_27_2016	309.42	327.9	322.61	320.8	320.42	318.44	317(-0.97%)	DT	OpenShort	-75	-0.5	-28	-50	-23	-43	0.25	66%	-0.02	45.6	3.7%	0	-1.3	42	0
20	Oct_26_2016	309.47	328.18	323.54	323.9	321.47	319.14	320.1(0.63%)	DP	OpenShort	-75	-0.5	-73	-70	-76	-62	0.33	66%	-0.02	66.8	3.72%	0	-1	40	0

21	Oct_25_2016	309.52	328.33	324.68	326.52	324.98	322.4	318.1(-1.52%)	DT	OpenShort	-75	-0.7	-40	-70	-39	-43	0.29	63%	0.05	57.1	3.72%	0	-0.8	40	0
22	Oct_24_2016	309.37	326.97	326.44	326.82	327.41	323.8	323(-0.86%)	DT	OpenShort	-75	-0.3	-45	-70	-47	-39	0.3	63%	0.12	49.4	3.78%	0	-0.3	52	0
23	Oct_21_2016	309	325.56	328.76	325.42	327.29	327.56	325.8(-2.02%)	DT	OpenShort	-75	0	-30	20	-30	-30	0.28	63%	0.12	42.3	3.78%	0	0	48	0
24	Oct_20_2016	308.62	324.16	329.47	324.54	325.44	331.03	332.5(-0.21%)	UD	OpenLong	75	0.5	47	130	61	4	0.23	63%	0.14	40.7	3.79%	0	0.5	50	0
25	Oct_19_2016	308.2	322.93	329.92	323.24	324.69	327.03	333.2(4.26%)	UT	OpenLong	75	0.6	89	60	110	27	0.33	63%		40.1	3.79%	0	0.6	57	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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