Trading Signals: ERX Stock Price Prediction and Forecast

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

Mon. May. 8, 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 $285.6000 (1.96%) ($279.1000 - $287.1000) on Mon. May. 8, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.77% (three month average)
RSI   41
Latest Price   $285.6000(1.96%)
Stocks Behave Similarly   Similar Stock List
Weekly Trend   ERX declines -2.2% a week on average for past two weeks.
Market Behavior   Normal for large cap. Growth stock 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 -1.385% in a week (0% probabilities).
TLT(-23%)    VIXM(-22%)    UUP(-17%)    IGOV(-5%)    SHY(-3%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.385% (StdDev 2.77%)
Hourly BBV 0 ()
Intraday Trend 2.1%

1 - 5 Day Possible Target   $278.7(-2.42%)
Resistance Level   $294.76
5 Day Moving Average   $279.34(2.24%)
10 Day Moving Average   $284.88(0.25%)
20 Day Moving Average   $294.76(-3.11%)
To recent high   -22.7%
To recent low   6.9%
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 5.62% (three month std-dev: 2.77%) daily (68% of days).

Sample size 19 Average positive next day return: 1.69%(42%) Average negative next day return: -2.2%(58%) Sample size 19 Average positive next three day return: 6.13%(47%) Average negative next three day return: -4.95%(53%) Sample size 19 Average positive next weekly return: 8.65%(32%) Average negative next weekly return: -5.13%(68%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170608

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	May_8_2017	343.28	294.76	284.88	279.34	277.39	278.53	285.6(1.96%)	RB	SmallLong	20	0.4	78	10	106	-6	0.2	39%	-0.4	-60.7	2.77%	0	-0.6	41	0
2	May_5_2017	344.67	296.5	285.43	279.3	277.53	272.56	280.1(4.83%)	DP	OpenShort	-75	0	-103	-140	-103	-102	0.34	37%	-0.4	-57.4	2.77%	0	-0.9	34	0
3	May_4_2017	346.05	298.76	286.25	280.68	280.57	276.26	267.2(-5.55%)	DT	OpenShort	-75	-0.8	-170	-110	-179	-142	0.5	33%	-0.42	-52.6	2.72%	0	-1.8	26	0
4	May_3_2017	347.51	301.42	288.83	284.62	285.45	282.51	282.9(0.71%)	DP	OpenShort	-75	-0.1	-76	-60	-66	-106	0.33	35%	-0.46	-51.4	2.66%	0	-1.1	24	0
5	May_2_2017	349.11	303.37	289.42	287.4	286.7	284.87	280.9(-1.58%)	DT	HoldShort	-65	-0.4	-125	-50	-119	-143	0.27	35%	-0.42	-44.2	2.68%	0	-1.4	21	0

6	May_1_2017	350.57	305.15	291.42	291.22	290.63	288.39	285.4(-0.56%)	DT	HoldShort	-65	-0.4	-56	-60	-36	-114	0.16	35%	-0.38	-35	2.69%	0	-1.2	22	0
7	Apr_28_2017	351.91	306.79	293.72	292.48	293.31	288.54	287(0.03%)	DP	OpenShort	-75	-0.4	-99	-110	-86	-137	0.27	33%	-0.37	-29.3	2.73%	0	-1.3	30	0
8	Apr_27_2017	353.21	308.49	295.69	292.64	293.88	292.88	286.9(-3.34%)	DT	OpenShort	-75	-0.4	-113	-10	-99	-154	0.42	33%	-0.35	-25.3	2.75%	0	-1.5	29	0
9	Apr_26_2017	354.44	310.24	299.36	293.48	294.11	298.08	296.8(-1.07%)	N/A	N/A	0	0.2	42	100	81	-76	0.33	34%	-0.29	-21.1	2.75%	0	-1	38	0
10	Apr_25_2017	355.47	310.88	302.36	291.72	292.38	294.88	300(2.85%)	N/A	N/A	0	0.6	49	70	90	-76	0.17	34%	-0.29	-25.3	2.75%	0	-0.8	38	0

11	Apr_24_2017	356.49	310.79	305.1	291.92	291.93	290.15	291.7(1.36%)	DP	OpenShort	-75	-0	-56	-40	-35	-119	0.17	31%	-0.28	-31.1	2.73%	0	-1.4	38	0
12	Apr_21_2017	357.49	311.35	308.15	295.46	294.74	289.88	287.8(-1.13%)	DT	OpenShort	-75	-0.6	-138	-120	-136	-143	0.23	31%	-0.28	-30.8	2.76%	0	-1.8	35	0
13	Apr_20_2017	358.51	312.28	312.09	299.32	299.99	293.71	291.1(1.08%)	DP	OpenShort	-75	-0.7	-174	-140	-184	-145	0.31	31%	-0.26	-30	2.78%	0	-1.7	35	0
14	Apr_19_2017	359.45	313.2	315.04	306.18	305.76	299.59	288(-4.32%)	DT	OpenShort	-75	-1.6	-207	-150	-229	-140	0.38	31%	-0.13	-23	2.78%	0	-2.2	32	0
15	Apr_18_2017	359.9	314.38	318.69	314.46	314.12	306.28	301(-2.71%)	DT	OpenShort	-75	-1.3	-156	-180	-181	-82	0.17	34%	-0.12	-2.2	2.74%	0	-1.3	50	0

16	Apr_17_2017	360.34	315.17	320.34	320.2	319.99	311.94	309.4(0.75%)	DP	OpenShort	-75	-1.1	-203	-180	-246	-74	0.18	34%	-0.14	14.6	2.73%	0	-0.6	63	0
17	Apr_13_2017	360.85	315.56	321.27	322.72	325.14	321.97	307.1(-5.62%)	DT	OpenShort	-75	-1.7	-112	-50	-145	-12	0.3	34%	-0.17	24.2	2.74%	0	-0.9	58	0
18	Apr_12_2017	361.45	316.09	322.73	326.56	327.47	328.05	325.4(-1.21%)	UD	OpenLong	75	-0.1	28	20	10	80	0.24	37%	-0.1	36.8	2.65%	0	1	66	0
19	Apr_11_2017	361.8	315.89	322.23	325.2	326.43	328.3	329.4(-0.09%)	UD	OpenLong	75	0.4	50	50	35	96	0.23	37%	-0.09	39.3	2.65%	0	1.4	65	0
20	Apr_10_2017	362.12	314.59	320.11	323.66	325.98	326.9	329.7(2.39%)	UT	OpenLong	75	0.7	92	40	85	111	0.17	37%	-0.02	21.2	2.69%	0	1.7	64	0

21	Apr_7_2017	362.19	313.77	316.77	320.7	322.92	324.55	322(-1.32%)	UD	OpenLong	75	0.2	32	60	22	61	0.14	34%	-0.03	-3.8	2.72%	0	1	54	0
22	Apr_6_2017	362.3	313.32	314.6	319.7	320.29	325.06	326.3(2.42%)	UT	OpenLong	75	0.8	88	110	92	75	0.12	34%	-0.03	-23	2.74%	0	1.6	55	0
23	Apr_5_2017	362.42	312.67	312.22	318.42	318.47	321.29	318.6(-0.96%)	UD	OpenLong	75	0	104	60	115	71	0.34	34%	-0.08	-47.5	2.71%	0	0.8	50	0
24	Apr_4_2017	362.7	312.2	310.98	318.82	317.66	315.51	321.7(2.16%)	UT	OpenLong	75	0.3	15	-60	13	21	0.22	34%	0.01	-61.8	2.71%	0	1.1	47	0
25	Apr_3_2017	362.68	312.72	309.5	316	316.84	315.65	314.9(-0.66%)	DT	OpenShort	-75	-0.1	-28	-20	-35	-6	0.24	38%		-56.1	2.69%	0	0.2	58	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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