Trading Signals: ERX Stock Price Prediction and Forecast

^ ERX: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Mon. Jan. 23, 2017

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 $372.7000 (-3.25%) ($367.7000 - $382.7000) on Mon. Jan. 23, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.31% (three month average)
RSI   39
Latest Price   $372.7000(-3.25%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX declines -0.6% a day on average for past five trading days.
Weekly Trend   ERX declines -3% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Broad based sell-off 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 -1.655% in a week (0% probabilities).
TLT(-23%)    VIXM(-22%)    UUP(-17%)    IPO(-5%)    IGOV(-5%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.655% (StdDev 3.31%)
Hourly BBV 0 ()
Intraday Trend -2.1%

Resistance Level   $396.52
5 Day Moving Average   $383.22(-2.75%)
10 Day Moving Average   $384.56(-3.08%)
20 Day Moving Average   $396.52(-6.01%)
To recent high   -14.5%
To recent low   27.3%
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 3.26% (three month std-dev: 3.31%) daily (68% of days).

Sample size 46 Average positive next day return: 1.32%(59%) Average negative next day return: -1.23%(41%) Sample size 46 Average positive next three day return: 2.63%(65%) Average negative next three day return: -1.03%(35%) Sample size 46 Average positive next weekly return: 3.06%(63%) Average negative next weekly return: -1.58%(37%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170223

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_2017	351.67	396.52	384.56	383.22	383.07	381.31	372.7(-3.25%)	DT	OpenShort	-75	-0.8	-89	-30	-89	-90	0.28	66%	0.18	-58.6	3.31%	0	-1.8	39	0
2	Jan_20_2017	351.03	398.59	388.04	385.34	386.24	385.1	385.2(1.1%)	DP	OpenShort	-65	-0	-3	-10	11	-43	0.17	66%	0.24	-55.1	3.29%	0	-1.1	41	0
3	Jan_19_2017	350.18	399.86	390.17	385.7	385.45	384.83	381(-1.7%)	DT	OpenShort	-75	-0.4	-64	-10	-61	-71	0.17	68%	0.23	-61.4	3.29%	0	-1.5	37	0
4	Jan_18_2017	349.39	401.5	392.95	387.82	387.52	387.38	387.6(-0.51%)	N/A	N/A	0	-0	7	-0	21	-37	0.15	68%	0.21	-62.7	3.32%	0	-1.1	34	0
5	Jan_17_2017	348.67	403.06	395.38	386.14	387.64	386.07	389.6(1.64%)	DP	OpenShort	-75	0.3	-26	-20	-16	-57	0.16	68%	0.29	-67.2	3.32%	0	-1.1	37	0

6	Jan_13_2017	347.66	404.23	396.38	386.26	386.77	387.66	383.3(-0.96%)	DT	OpenShort	-75	-0.2	-63	20	-57	-82	0.14	68%	0.18	-67.4	3.3%	0	-1.7	33	0
7	Jan_12_2017	347.02	405.59	398.4	391.26	389.61	389.22	387(-1.17%)	DT	HoldShort	-50	-0.4	-6	-20	8	-49	0.19	68%	0.19	-60.9	3.31%	0	-1.7	38	0
8	Jan_11_2017	346.36	407.98	400.36	395.48	393.59	385.89	391.6(3.27%)	DP	OpenShort	-75	-0.4	-111	-150	-117	-91	0.29	68%	0.19	-38.9	3.31%	0	-1.6	41	0
9	Jan_10_2017	345.69	409.48	403.02	399.06	399.1	390	379.2(-2.82%)	DT	OpenShort	-75	-1.7	-213	-160	-240	-130	0.19	69%	0.17	-17.6	3.32%	0	-2.7	32	0
10	Jan_9_2017	345.1	411.41	406.82	405.86	405.69	401.3	390.2(-4.43%)	DT	OpenShort	-75	-1.7	-127	-80	-144	-76	0.23	69%	0.18	11.6	3.34%	0	-2.3	33	0

11	Jan_6_2017	344.49	412.59	409.68	407.64	409.89	408.2	408.3(0.05%)	DP	OpenShort	-75	0.1	-13	-10	-11	-17	0.17	74%	0.21	35.8	3.3%	0	-0.6	48	0
12	Jan_5_2017	343.77	412.5	410.13	406.46	408.19	410.09	408.1(-0.34%)	DT	OpenShort	-75	0.2	-11	50	-9	-18	0.19	75%	0.27	46.5	3.3%	0	-0.6	51	0
13	Jan_4_2017	342.86	412.01	410.36	406.02	406.81	411.58	409.5(-0.9%)	UD	OpenLong	75	0.4	54	90	71	3	0.15	75%	0.28	82.5	3.33%	0	-0.3	36	0
14	Jan_3_2017	341.91	411.52	410.69	407.9	407.46	406.3	413.2(3.53%)	RB	SmallLong	20	0.6	32	-20	45	-6	0.31	75%	0.39	111.5	3.36%	0	0.2	47	0
15	Dec_30_2016	340.57	410.36	411.15	408.34	409.44	402.04	399.1(-0.82%)	DT	OpenShort	-75	-0.9	-122	-120	-137	-77	0.13	75%	0.29	108.3	3.33%	0	-1.1	44	0

16	Dec_29_2016	339.59	409.85	412.61	412.08	413.04	408.62	402.4(-0.86%)	DT	OpenShort	-75	-0.8	-133	-70	-153	-74	0.13	75%	0.34	117.1	3.36%	0	-0.6	48	0
17	Dec_28_2016	338.45	409	413.36	414.18	416.1	416.84	405.9(-3.1%)	DT	OpenShort	-75	-0.6	-10	30	-9	-11	0.17	79%	0.32	118.4	3.36%	0	-0.2	53	0
18	Dec_27_2016	337.37	405.67	416.21	415.02	415.93	417.46	418.9(0.84%)	UT	OpenLong	75	0.2	37	30	41	26	0.11	79%	0.47	67.4	3.66%	0	0.6	63	0
19	Dec_23_2016	335.78	402.13	416.35	413.82	414.64	415.37	415.4(-0.57%)	UD	OpenLong	75	0.1	13	20	11	20	0.1	79%	0.39	56.1	3.65%	0	0.5	61	0
20	Dec_22_2016	334.47	399.44	416.31	414.52	414.77	414.4	417.8(1.19%)	UT	OpenLong	75	0.1	9	-0	3	28	0.1	79%	0.4	61.7	3.7%	0	0.7	67	0

21	Dec_21_2016	333.15	396.85	415.69	413.42	415.44	413.92	412.9(0.68%)	UD	OpenLong	65	-0	5	-10	-4	33	0.11	80%	0.43	64.6	3.7%	0	0.6	66	0
22	Dec_20_2016	331.72	394.25	415.06	412.48	414.05	415.14	410.1(-0.68%)	CR	SmallShort	-20	-0.1	-24	30	-40	25	0.15	80%	0.45	64.9	3.78%	0	0.6	67	0
23	Dec_19_2016	330.25	391.8	413.89	417.6	415.26	416.96	412.9(-1.43%)	UD	OpenLong	75	-0.2	34	10	17	85	0.13	80%	0.36	76.9	3.79%	0	0.7	82	0
24	Dec_16_2016	329.05	388.13	412.55	419.24	419.48	412.96	418.9(1.6%)	N/A	N/A	0	-0	-3	-110	-34	92	0.18	80%	0.41	78.6	3.78%	0	1	76	0
25	Dec_15_2016	327.7	383.9	409.59	418.4	422.89	413.56	412.3(1%)	N/A	N/A	0	-0.2	-120	-120	-176	47	0.25	80%		75.9	3.8%	0	0.9	68	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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