Trading Signals: ERX Stock Price Prediction and Forecast

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

Thu. Jun. 1, 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 $260.4000 (1.8%) ($253.4000 - $263.0000) on Thu. Jun. 1, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.63% (three month average)
RSI   33
Latest Price   $260.4000(1.8%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX declines -1.8% a day on average for past five trading days.
Weekly Trend   ERX declines -4.4% 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 -1.315% in a week (0% probabilities).
TLT(-23%)    VIXM(-22%)    UUP(-18%)    IGOV(-5%)    SHY(-3%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.315% (StdDev 2.63%)
Hourly BBV 0 ()
Intraday Trend 1.4%

Resistance Level   $278.03
5 Day Moving Average   $262.44(-0.78%)
10 Day Moving Average   $273.01(-4.62%)
20 Day Moving Average   $278.03(-6.34%)
To recent high   -26.8%
To recent low   1.8%
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 3.92% (three month std-dev: 2.63%) daily (68% of days).

Sample size 40 Average positive next day return: 1.43%(58%) Average negative next day return: -1.69%(43%) Sample size 40 Average positive next three day return: 3.43%(53%) Average negative next three day return: -5.77%(48%) Sample size 40 Average positive next weekly return: 3.38%(68%) Average negative next weekly return: -7.54%(33%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170701

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	Jun_1_2017	321.59	278.03	273.01	262.44	260.92	256.53	260.4(1.8%)	DP	OpenShort	-75	-0.2	-112	-140	-102	-140	0.3	43%	-0.42	-53.6	2.63%	0	-1.6	33	INF
2	May_31_2017	322.95	279.24	274.98	267.18	265.43	258.49	255.8(-1.16%)	DT	OpenShort	-75	-1.1	-220	-200	-233	-180	0.21	40%	-0.39	-51.9	2.66%	0	-2.3	28	INF
3	May_30_2017	324.22	280.63	278.23	273.64	273.17	265.31	258.8(-3.72%)	DT	OpenShort	-75	-1.7	-201	-210	-220	-142	0.19	39%	-0.67	-51.3	2.65%	0	-2.6	40	INF
4	May_26_2017	326.42	282.06	281.59	279.18	279.5	272.38	268.8(0.15%)	DP	OpenShort	-75	-1.5	-199	-170	-226	-116	0.24	45%	-0.43	-46.5	2.73%	0	-1.9	41	INF
5	May_25_2017	327.84	283.02	283.34	283.06	284.7	281.03	268.4(-5.53%)	DT	OpenShort	-75	-2.4	-113	-70	-131	-59	0.41	45%	-0.44	-35.6	2.75%	0	-2.4	45	INF

6	May_24_2017	329.28	284.01	285.43	284.88	286.95	286.61	284.1(-1.39%)	N/A	N/A	0	-0.1	-0	10	-5	14	0.15	48%	-0.4	-32.2	2.69%	0	0	63	INF
7	May_23_2017	330.6	284.58	285.95	283.86	284.73	288.36	288.1(0.56%)	UT	OpenLong	75	0.6	34	100	35	31	0.1	48%	-0.13	-27	2.71%	0	0.5	53	INF
8	May_22_2017	331.03	285.07	285.06	283.66	283.38	287.29	286.5(-0.59%)	UD	OpenLong	75	0.4	97	90	110	59	0.14	45%	-0.35	-28.2	2.71%	0	0.2	54	INF
9	May_19_2017	332.2	285.29	284.95	284.6	283.59	281.09	288.2(3.86%)	UT	OpenLong	75	0.5	11	-70	7	22	0.3	45%	-0.35	-36.1	2.77%	0	0.4	52	INF
10	May_18_2017	333.37	285.24	284.15	283.98	285.78	279.46	277.5(-0.54%)	DT	OpenShort	-75	-0.9	-125	-140	-151	-48	0.21	43%	-0.4	-50.8	2.74%	0	-1.1	45	INF

11	May_17_2017	334.7	285.94	283.37	286.06	288.08	286.09	279(-2.82%)	DT	OpenShort	-75	-1.1	-114	-30	-136	-47	0.19	43%	-0.43	-67.2	2.76%	0	-1	46	INF
12	May_16_2017	336.14	286.42	283.81	288.16	290.11	292.1	287.1(-1.41%)	UD	OpenLong	75	-0.1	43	70	48	26	0.16	42%	-0.15	-80.2	2.75%	0	0.1	44	INF
13	May_15_2017	336.65	287.03	283.18	286.5	289.43	290.08	291.2(2.14%)	UT	OpenLong	75	0.5	56	50	70	15	0.25	42%	-0.38	-87.3	2.79%	0	0.5	44	INF
14	May_12_2017	337.94	287.8	282.47	285.38	286.39	288.13	285.1(-0.97%)	DT	OpenShort	-75	-0	-7	50	-1	-23	0.13	42%	-0.41	-95.8	2.73%	0	-0.3	46	INF
15	May_11_2017	339.33	288.82	282.58	284.38	285.64	288.79	287.9(-0.55%)	UD	OpenLong	75	0.4	104	90	130	24	0.22	42%	-0.38	-98.8	2.76%	0	-0.1	50	INF

16	May_10_2017	340.63	290.52	282.37	280.24	281.59	284.65	289.5(3.84%)	RB	SmallLong	20	0.7	61	90	86	-14	0.33	42%	-0.37	-84.4	2.78%	0	-0.1	49	INF
17	May_9_2017	341.88	292.32	282.88	278.92	277.53	282.49	278.8(-2.38%)	N/A	N/A	0	-0	49	110	72	-21	0.19	39%	-0.41	-71	2.75%	0	-0.9	45	INF
18	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	INF
19	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	INF
20	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	INF

21	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	INF
22	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	INF
23	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	INF
24	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	INF
25	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%		-25.3	2.75%	0	-1.5	29	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

Click to see actual return for next trading day.