Trading Signals: ERX Stock Price Prediction and Forecast

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

Wed. Jun. 21, 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 $240.8000 (-4.97%) ($237.0400 - $255.3000) on Wed. Jun. 21, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.84% (three month average)
RSI   44
Latest Price   $240.8000(-4.97%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX declines -1.6% a day on average for past five trading days.
Weekly Trend   ERX advances 0.1% a week on average for past two weeks.
Market Behavior   Rotation from value to growth for large cap. Rotation from value to growth 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 -1.42% in a week (0% probabilities).
TLT(-23%)    VIXM(-22%)    UUP(-18%)    IGOV(-5%)    SHY(-3%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.42% (StdDev 2.84%)
Hourly BBV 0 ()
Intraday Trend -4.7%

Resistance Level   $260.86
5 Day Moving Average   $256.78(-6.22%)
10 Day Moving Average   $260.67(-7.62%)
20 Day Moving Average   $260.86(-7.69%)
To recent high   -27%
To recent low   0%
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 3.94% (three month std-dev: 2.84%) daily (68% of days).

Sample size 5 Average positive next day return: 4.19%(40%) Average negative next day return: -2.04%(60%) Sample size 5 Average positive next three day return: 2.54%(40%) Average negative next three day return: -1.5%(60%) Sample size 5 Average positive next weekly return: 6.19%(80%) Average negative next weekly return: -0.9%(20%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170721

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_21_2017	304.77	260.86	260.67	256.78	257.04	249.21	240.8(-4.97%)	DT	OpenShort	-75	-1.6	-180	-210	-212	-83	0.65	43%	-0.39	-61.7	2.84%	0	-1.9	44	0
2	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	0
3	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	0
4	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	0
5	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	0

6	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	0
7	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	0
8	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	0
9	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	0
10	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	0

11	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	0
12	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	0
13	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	0
14	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	0
15	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	0

16	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	0
17	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	0
18	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	0
19	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	0
20	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	0

21	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	0
22	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	0
23	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	0
24	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	0
25	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%		-67.2	2.76%	0	-1	46	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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