Trading Signals: ERX Stock Price Prediction and Forecast

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Thu. Jul. 13, 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 $251.4000 (1.41%) ($244.6000 - $251.6000) on Thu. Jul. 13, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.92% (three month average)
RSI   60
Latest Price   $251.4000(1.41%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 0.9% a day on average for past five trading days.
Weekly Trend   ERX advances 0.2% a week on average for past two weeks.
Market Behavior   Value stock rally 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(73%)
Factors Impacting ERX price   ERX will decline at least -1.46% in a week (0% probabilities).
TLT(-23%)    VIXM(-22%)    UUP(-18%)    IGOV(-5%)    SHY(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.46% (StdDev 2.92%)
Hourly BBV 0 ()
Intraday Trend 0.8%

1 - 5 Day Possible Target   $243.81(-3.02%)
5 Day Moving Average   $245.36(2.46%)
10 Day Moving Average   $248.04(1.35%)
20 Day Moving Average   $248.98(0.97%)
To recent high   -18.7%
To recent low   4.9%
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 3.43% (three month std-dev: 2.92%) daily (68% of days).

Sample size 4 Average positive next day return: 0.63%(50%) Average negative next day return: -2.08%(50%) Sample size 4 Average positive next three day return: 5.68%(25%) Average negative next three day return: -3.73%(75%) Sample size 4 Average positive next weekly return: 0.35%(75%) Average negative next weekly return: -6.37%(25%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170813

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	Jul_13_2017	288.26	248.98	248.04	245.36	245.81	249.69	251.4(1.41%)	UT	OpenLong	75	0.7	72	120	83	38	0.2	37%	-0.29	-54.5	2.92%	0	0.3	60	0
2	Jul_12_2017	289.11	249.42	247.53	243.28	242.93	246.89	247.9(0.85%)	UT	OpenLong	75	0.5	77	110	91	36	0.32	37%	-0.37	-52.9	2.99%	0	-0.2	57	0
3	Jul_11_2017	290.17	250.76	247.05	243.6	242	241.93	245.8(1.53%)	RB	SmallLong	20	0.2	7	-20	10	-3	0.2	37%	-0.15	-37.4	2.98%	0	-0.5	45	0
4	Jul_10_2017	290.62	251.99	246.9	247.62	244.84	238.98	242.1(1.04%)	DP	OpenShort	-75	-0.5	-93	-200	-108	-47	0.24	37%	-0.36	-18.4	2.97%	0	-0.9	37	0
5	Jul_7_2017	291.67	253.18	247.28	249.3	249.91	242.06	239.6(-0.58%)	DT	OpenShort	-75	-0.8	-158	-210	-182	-86	0.29	37%	-0.39	-8.9	2.99%	0	-1.2	33	0

6	Jul_6_2017	292.81	253.71	247.47	250.96	253.18	250.69	241(-3.41%)	DT	OpenShort	-75	-0.9	-115	-40	-130	-70	0.43	37%	-0.43	-10.1	2.99%	0	-1.1	43	0
7	Jul_5_2017	294.08	254.26	247.59	252.08	254.05	257.75	249.5(-6.17%)	N/A	N/A	0	-0.2	45	130	61	-4	0.37	39%	-0.66	-9.9	2.99%	0	-0.4	44	0
8	Jul_3_2017	296.03	254.86	247.9	250.7	251.78	255.67	265.9(6.15%)	UT	OpenLong	75	1.4	109	120	144	3	0.29	41%	-0.34	-12.8	2.89%	0	1	42	0
9	Jun_30_2017	297.03	254.15	247.31	246.28	247.96	250.36	250.5(1.05%)	N/A	N/A	0	0.4	33	90	64	-59	0.37	37%	-0.36	-31.4	2.75%	0	-0.3	37	0
10	Jun_29_2017	298.11	254.23	248.94	245.2	246.52	247.89	247.9(0.53%)	N/A	N/A	0	0.3	35	60	67	-62	0.33	40%	-0.33	-41.3	2.75%	0	-0.6	40	0

11	Jun_28_2017	299.09	254.86	249.75	243.6	244.69	245.57	246.6(1.65%)	DP	OpenShort	-65	0.3	-3	40	23	-81	0.35	43%	-0.33	-56.1	2.8%	0	-0.8	52	0
12	Jun_27_2017	300.07	255.36	251.21	242.44	243.6	245.15	242.6(-0.49%)	DP	OpenShort	-65	0	-10	60	14	-81	0.3	43%	-0.39	-73.9	2.85%	0	-1.2	49	0
13	Jun_26_2017	301.23	256.23	254.54	244.6	243.91	243.81	243.8(-0.53%)	DT	HoldShort	-50	-0.1	-16	-10	1	-66	0.25	43%	-0.41	-81.8	2.85%	0	-1.2	44	0
14	Jun_23_2017	302.48	257.49	257.33	248.62	245.63	242.06	245.1(2.17%)	DP	OpenShort	-75	-0.4	-102	-140	-109	-80	0.25	43%	-0.38	-81.2	2.85%	0	-1.2	49	0
15	Jun_22_2017	303.63	258.67	259.51	253.46	251.46	244.02	239.9(-0.37%)	DT	OpenShort	-75	-1.4	-136	-230	-159	-68	0.36	43%	-0.37	-74.7	2.84%	0	-1.9	48	0

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		-47.8	2.55%	0	-1.5	34	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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