Trading Signals: ERX Stock Price Prediction and Forecast

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Fri. Mar. 3, 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 $342.3000 (-0.75%) ($340.6000 - $350.2000) on Fri. Mar. 3, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.5% (three month average)
RSI   41
Latest Price   $342.3000(-0.75%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 0.8% a day on average for past five trading days.
Weekly Trend   ERX declines -2.5% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal 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 -1.25% in a week (0% probabilities).
TLT(-23%)    VIXM(-22%)    UUP(-17%)    IPO(-5%)    IGOV(-5%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.25% (StdDev 2.5%)
Hourly BBV 0 ()
Intraday Trend -1.1%

Resistance Level   $349.24
5 Day Moving Average   $343.32(-0.3%)
10 Day Moving Average   $341.52(0.23%)
20 Day Moving Average   $349.24(-1.99%)
To recent high   -21.4%
To recent low   4%
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 3.37% (three month std-dev: 2.5%) daily (68% of days).

Sample size 4 Average positive next day return: 2.56%(50%) Average negative next day return: -1.12%(50%) Sample size 4 Average positive next three day return: 2.97%(100%) Average negative next three day return: %(0%) Sample size 4 Average positive next weekly return: 3.92%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170403

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	Mar_3_2017	362.96	349.24	341.52	343.32	344.79	346.79	342.3(-0.75%)	DT	OpenShort	-75	-0.1	-32	50	-20	-68	0.14	23%	0.05	-37.1	2.5%	0	-0.6	41	INF
2	Mar_2_2017	362.79	350	342.13	340.7	342.4	349.51	344.9(-2.98%)	UD	OpenLong	75	0.4	143	160	190	1	0.17	23%	0.04	-56.3	2.52%	0	-0.4	46	INF
3	Mar_1_2017	362.66	350.35	343.83	339.44	337.83	342.8	355.5(6.06%)	UT	OpenLong	75	1.4	142	90	187	5	0.33	25%	0.06	-75.1	2.5%	0	0.4	55	INF
4	Feb_28_2017	362.45	350.46	344.84	335.3	335.6	335.29	335.2(-1.03%)	N/A	N/A	0	-0	4	-0	21	-48	0.23	36%	-0.04	-93.8	3.07%	0	-1.3	49	INF
5	Feb_27_2017	362.59	351.7	347.78	338.56	336.89	332.86	338.7(2.89%)	DP	OpenShort	-75	0	-90	-100	-93	-80	0.26	36%	0.02	-96	3.12%	0	-1.1	43	INF

6	Feb_24_2017	362.53	353.68	350.28	339.62	341.28	335.91	329.2(-2.78%)	DT	OpenShort	-75	-0.8	-113	-100	-121	-90	0.17	36%	-0.02	-88.5	3.1%	0	-2	35	INF
7	Feb_23_2017	362.62	356.76	353.17	343.64	344.7	340.91	338.6(1.14%)	DP	OpenShort	-75	-0.4	-128	-70	-142	-87	0.21	36%	0.01	-70.7	3.11%	0	-1.3	43	INF
8	Feb_22_2017	362.6	359.32	354.05	348.8	348.82	346.65	334.8(-4.75%)	DT	OpenShort	-75	-1	-92	-40	-102	-60	0.21	36%	0.04	-55.3	3.11%	0	-1.7	45	INF
9	Feb_21_2017	362.47	361.84	355.11	355.74	355	348.49	351.5(2.18%)	DP	OpenShort	-75	-0.3	-69	-130	-79	-38	0.19	47%	0.14	-45.3	3.05%	0	-0.7	47	INF
10	Feb_17_2017	361.97	362.91	355.67	358.52	358.33	350.99	344(-1.52%)	DT	OpenShort	-75	-1	-187	-140	-220	-88	0.18	47%	0.07	-42.9	3.14%	0	-1.3	44	INF

11	Feb_16_2017	361.73	364.97	357.96	362.52	363.12	361.5	349.3(-4.14%)	DT	OpenShort	-75	-0.9	-71	-30	-85	-28	0.25	47%	0.08	-37.4	3.14%	0	-1.1	37	INF
12	Feb_15_2017	361.44	366.57	358.87	363.84	364.81	365.66	364.4(-1.38%)	UD	OpenLong	75	0	41	20	50	13	0.17	58%	0.23	-38.1	3.11%	0	-0.1	37	INF
13	Feb_14_2017	360.62	367.64	357.57	359.9	361.93	364.74	369.5(1.12%)	N/A	N/A	0	0.6	63	70	84	-2	0.16	58%	0.23	-41.6	3.27%	0	0.1	39	INF
14	Feb_13_2017	359.81	368.53	356.37	354.36	355.09	363.95	365.4(0.38%)	N/A	N/A	0	0.7	82	180	115	-17	0.16	58%	0.2	-50.6	3.27%	0	-0.2	41	INF
15	Feb_10_2017	359.08	369.37	355.6	352.64	350.96	359.13	364(2.28%)	UT	OpenLong	75	0.7	150	150	198	6	0.23	53%	0.16	-59.9	3.34%	0	-0.3	47	INF

16	Feb_9_2017	358.5	370.47	356.82	353.16	350.3	346.23	355.9(3.25%)	N/A	N/A	0	0.2	6	-110	29	-64	0.19	57%	0.15	-64	3.33%	0	-0.9	39	INF
17	Feb_8_2017	357.98	372.24	360.08	353.46	352.74	342.8	344.7(0.85%)	DP	OpenShort	-75	-0.5	-194	-200	-207	-154	0.27	57%	0.17	-68	3.37%	0	-1.7	36	INF
18	Feb_7_2017	357.37	374.09	364.65	354.78	356.43	354.38	341.8(-4.2%)	DT	OpenShort	-75	-0.9	-145	-30	-151	-127	0.32	60%	0.14	-81.9	3.37%	0	-2.1	33	INF
19	Feb_6_2017	356.87	376.62	369.05	358.26	358.92	362.69	356.8(-2.67%)	N/A	N/A	0	-0.1	46	80	72	-31	0.16	64%	0.19	-89.3	3.4%	0	-1.5	36	INF
20	Feb_3_2017	356.21	379.16	370.77	358.72	357.7	358.48	366.6(2.57%)	N/A	N/A	0	0.6	19	10	41	-48	0.21	64%	0.19	-83.1	3.39%	0	-0.9	43	INF

21	Feb_2_2017	355.53	381.16	372.55	361.3	358.13	355.15	357.4(1.74%)	DP	OpenShort	-75	-0.3	-102	-80	-102	-100	0.2	61%	0.19	-73.7	3.38%	0	-1.6	37	INF
22	Feb_1_2017	354.84	383.76	375.02	368.18	365.36	356.93	351.3(-2.2%)	DT	OpenShort	-75	-1.1	-143	-180	-154	-109	0.28	61%	0.15	-64.7	3.41%	0	-2.1	31	INF
23	Jan_31_2017	354.31	386.9	378.83	376.2	374.46	361.1	359.2(0.03%)	DP	OpenShort	-75	-1.2	-232	-260	-266	-131	0.21	61%	0.09	-54.9	3.39%	0	-1.9	43	INF
24	Jan_30_2017	354	389	382.01	381.34	382.52	373.79	359.1(-5.38%)	DT	OpenShort	-75	-1.7	-212	-150	-246	-110	0.27	61%	0.11	-56.5	3.42%	0	-2.3	38	INF
25	Jan_27_2017	353.6	391.27	384.7	384.06	386.69	387.83	379.5(-3.14%)	DT	OpenShort	-75	-0.4	-36	40	-38	-31	0.19	66%		-64.2	3.35%	0	-1.1	37	INF
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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