Trading Signals: ERX Stock Price Prediction and Forecast

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

Tue. Jun. 20, 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 $253.4000 (-3.98%) ($244.7000 - $255.6000) on Tue. Jun. 20, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.79% (three month average)
RSI   51
Latest Price   $253.4000(-3.98%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX declines -1.8% a day on average for past five trading days.
Weekly Trend   ERX advances 0.8% a week on average for past two weeks.
Market Behavior   Broad based 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(73%)
Factors Impacting ERX price   ERX will decline at least -1.395% in a week (0% probabilities).
TLT(-23%)    VIXM(-22%)    UUP(-18%)    IGOV(-5%)    SHY(-3%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.395% (StdDev 2.79%)
Hourly BBV 0 ()
Intraday Trend -0.3%

Resistance Level   $263.2
5 Day Moving Average   $261(-2.91%)
10 Day Moving Average   $261.95(-3.26%)
20 Day Moving Average   $263.2(-3.72%)
To recent high   -23.1%
To recent low   2.2%
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 4.1% (three month std-dev: 2.79%) daily (68% of days).

Sample size 5 Average positive next day return: 2.26%(60%) Average negative next day return: -2.61%(40%) Sample size 5 Average positive next three day return: 4.28%(60%) Average negative next three day return: -2.37%(40%) Sample size 5 Average positive next weekly return: 2.79%(80%) Average negative next weekly return: -11.6%(20%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170720

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_20_2017	305.97	263.2	261.95	261	259.88	258.9	253.4(-3.98%)	DT	OpenShort	-75	-0.7	-132	-40	-160	-47	0.38	45%	-0.35	-48.5	2.79%	0	-0.9	51	INF
2	Jun_19_2017	307.05	264.79	262.88	265.8	263.56	264.88	263.9(-2.01%)	UD	OpenLong	75	-0.2	49	10	45	61	0.22	47%	-0.38	-36.2	2.75%	0	-0.1	53	INF
3	Jun_16_2017	308.23	265.89	261.84	267.42	265.79	260.85	269.3(4.99%)	N/A	N/A	0	0.1	-33	-150	-50	19	0.34	47%	-0.4	-28.9	2.74%	0	0.3	50	INF
4	Jun_15_2017	309.48	266.23	260.04	266.78	268.17	262.25	256.5(-2.06%)	DT	OpenShort	-75	-0.8	-127	-140	-156	-38	0.39	48%	-0.44	-33.7	2.67%	0	-0.8	45	INF
5	Jun_14_2017	310.86	267.35	260.46	265.06	268.36	270.73	261.9(-5.59%)	DT	OpenShort	-75	-0.2	-6	100	-6	-4	0.53	46%	-0.4	-41.1	2.79%	0	-0.4	40	INF

6	Jun_13_2017	312.11	268.54	259.88	262.68	263.97	274.09	277.4(1.99%)	UT	OpenLong	75	1.1	173	280	214	48	0.31	49%	-0.31	-41.9	2.74%	0	0.7	43	INF
7	Jun_12_2017	313.09	269.07	257.81	259.54	258.74	266	272(2.22%)	UT	OpenLong	75	0.9	220	190	280	39	0.48	49%	-0.37	-44.3	2.73%	0	0.2	41	INF
8	Jun_9_2017	314.24	269.63	257.2	255.68	254.51	253.85	266.1(7.34%)	N/A	N/A	0	0.7	35	-30	72	-78	0.48	49%	-0.37	-49.2	2.71%	0	-0.2	37	INF
9	Jun_8_2017	315.41	270.65	257.22	252.7	252.7	251.49	247.9(-0.84%)	DT	OpenShort	-75	-0.3	-111	-30	-91	-172	0.26	40%	-0.45	-47.8	2.55%	0	-1.5	34	INF
10	Jun_7_2017	316.84	272.77	260.69	255.2	253.66	255.16	250(-4.47%)	DT	HoldShort	-50	-0.4	-23	20	7	-112	0.39	39%	-0.45	-43.5	2.71%	0	-1.6	34	INF

11	Jun_6_2017	318.26	274.32	264.37	256.36	254.8	253.91	261.7(3.56%)	N/A	N/A	0	0.4	6	-40	40	-95	0.26	41%	-0.19	-45.7	2.68%	0	-0.9	34	INF
12	Jun_5_2017	318.85	275.54	266.68	255.78	254.34	252.16	252.7(0.6%)	DP	OpenShort	-75	-0.2	-122	-80	-108	-163	0.19	38%	-0.42	-47.7	2.64%	0	-1.7	25	INF
13	Jun_2_2017	320.19	277.03	270.2	259	257.09	255.69	251.2(-3.53%)	DT	OpenShort	-75	-0.6	-85	-60	-69	-133	0.31	37%	-0.44	-48.1	2.64%	0	-2.1	31	INF
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		-80.2	2.75%	0	0.1	44	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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