Trading Signals: ERX Stock Price Prediction and Forecast

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

Fri. Jul. 14, 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 $255.2000 (1.51%) ($250.8000 - $256.9000) on Fri. Jul. 14, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.9% (three month average)
RSI   58
Latest Price   $255.2000(1.51%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 1.3% a day on average for past five trading days.
Weekly Trend   ERX advances 0.6% a week on average for past two weeks.
Market Behavior   Broad based 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 -1.45% 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   -1.45% (StdDev 2.9%)
Hourly BBV 0 ()
Intraday Trend 1.4%

1 - 5 Day Possible Target   $244.83(-4.06%)
5 Day Moving Average   $248.48(2.7%)
10 Day Moving Average   $248.83(2.56%)
20 Day Moving Average   $248.99(2.49%)
To recent high   -17.5%
To recent low   6.5%
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 3.41% (three month std-dev: 2.9%) daily (68% of days).

Sample size 6 Average positive next day return: 0.3%(50%) Average negative next day return: -0.7%(50%) Sample size 6 Average positive next three day return: 1.65%(50%) Average negative next three day return: -1.12%(50%) Sample size 6 Average positive next weekly return: 3.89%(33%) Average negative next weekly return: -1.39%(67%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170814

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_14_2017	287.41	248.99	248.83	248.48	249.17	251.45	255.2(1.51%)	UT	OpenLong	75	0.8	66	70	74	43	0.24	39%	-0.29	-48.7	2.9%	0	0.7	58	INF
2	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	INF
3	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	INF
4	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	INF
5	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	INF

6	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	INF
7	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	INF
8	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	INF
9	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	INF
10	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	INF

11	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	INF
12	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	INF
13	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	INF
14	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	INF
15	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	INF

16	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	INF
17	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	INF
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		-49.2	2.71%	0	-0.2	37	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.