Trading Signals: ERX Stock Price Prediction and Forecast

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Tue. Aug. 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 $268.9000 (0%) ($265.6000 - $273.6000) on Tue. Aug. 1, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.9% (three month average)
RSI   69
Latest Price   $268.9000(0%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 0.7% a day on average for past five trading days.
Weekly Trend   ERX advances 3% 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 -1.45% 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 0.1%

5 Day Moving Average   $266.86(0.76%)
10 Day Moving Average   $262.04(2.62%)
20 Day Moving Average   $255.29(5.33%)
To recent high   -7.7%
To recent low   12.2%
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 3.58% (three month std-dev: 2.9%) daily (68% of days).

Sample size 23 Average positive next day return: 1.37%(39%) Average negative next day return: -0.69%(61%) Sample size 23 Average positive next three day return: 1.66%(43%) Average negative next three day return: -1.36%(57%) Sample size 23 Average positive next weekly return: 2.98%(52%) Average negative next weekly return: -1.35%(48%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170901

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	Aug_1_2017	278.65	255.29	262.04	266.86	267.48	268.99	268.9(0%)	UT	HoldLong	50	0.2	40	50	29	73	0.21	48%	-0.17	48.6	2.9%	0	1.5	69	INF
2	Jul_31_2017	279.12	255	260.26	265.04	265.97	268.47	268.9(0.6%)	UT	OpenLong	75	0.4	78	80	75	88	0.24	48%	-0.16	55.7	2.93%	0	1.6	70	INF
3	Jul_28_2017	279.58	254.02	258.77	261.28	263.78	265.98	267.3(-0.56%)	UD	OpenLong	75	0.7	91	90	92	89	0.29	48%	-0.17	50.3	2.93%	0	1.6	72	INF
4	Jul_27_2017	280.07	253	257.49	258.24	259.74	263.46	268.8(3.23%)	UT	OpenLong	75	1.4	63	120	59	74	0.28	46%	-0.15	47.9	2.93%	0	2	75	INF
5	Jul_26_2017	280.49	251.83	255.67	256.36	257.56	261.59	260.4(0.23%)	UT	OpenLong	75	0.6	94	120	95	89	0.32	45%	-0.27	50	2.92%	0	1.2	69	INF

6	Jul_25_2017	281.26	250.94	254.44	256.64	257.51	256.01	259.8(3.88%)	UT	OpenLong	75	0.5	62	-30	57	76	0.31	46%	-0.31	45.1	2.93%	0	1.3	58	INF
7	Jul_24_2017	282.13	250.12	253.06	254.86	256.49	253.54	250.1(-0.79%)	DT	OpenShort	-75	-0.7	-79	-60	-102	-10	0.16	44%	-0.33	25.5	2.91%	0	-0	38	INF
8	Jul_21_2017	283.07	249.9	252.4	255.76	257.01	259	252.1(-2.81%)	N/A	N/A	0	-0.5	-2	70	-11	25	0.18	44%	-0.33	13.5	2.91%	0	0.3	52	INF
9	Jul_20_2017	284.02	249.32	251.27	256.38	257.16	259.45	259.4(-0.92%)	UD	OpenLong	75	0.4	96	70	105	69	0.37	44%	-0.34	4.9	2.9%	0	1.4	58	INF
10	Jul_19_2017	285	248.38	249.43	254.78	254.84	255.01	261.8(4.34%)	UT	OpenLong	75	1	28	10	28	27	0.32	42%	-0.26	-15	2.9%	0	1.9	60	INF

11	Jul_18_2017	285.75	247.85	248.04	252	253.16	254.86	250.9(-1.45%)	UD	OpenLong	75	-0.2	16	60	16	15	0.2	39%	-0.31	-45.3	2.89%	0	0.5	57	INF
12	Jul_17_2017	286.65	248.4	249.32	250.98	252.18	254.66	254.6(-0.24%)	UD	OpenLong	75	0.5	84	80	93	57	0.16	39%	-0.26	-49.1	2.9%	0	0.9	59	INF
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		-73.9	2.85%	0	-1.2	49	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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