Trading Signals: ERX Stock Price Prediction and Forecast

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

Mon. Aug. 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 $234.8000 (-1.01%) ($234.3000 - $241.6000) on Mon. Aug. 14, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.79% (three month average)
RSI   29
Latest Price   $234.8000(-1.01%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX declines -1.3% a day on average for past five trading days.
Weekly Trend   ERX declines -4.4% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally 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 -1.9%

Resistance Level   $255.21
5 Day Moving Average   $242.82(-3.3%)
10 Day Moving Average   $250.48(-6.26%)
20 Day Moving Average   $255.21(-8%)
To recent high   -19.4%
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 3.8% (three month std-dev: 2.79%) daily (68% of days).

Sample size 15 Average positive next day return: 2.14%(60%) Average negative next day return: -1.62%(40%) Sample size 15 Average positive next three day return: 4.93%(47%) Average negative next three day return: -1.2%(53%) Sample size 15 Average positive next weekly return: 5.43%(53%) Average negative next weekly return: -1.51%(47%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170914

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_14_2017	273.03	255.21	250.48	242.82	243.67	238.58	234.8(-1.01%)	DT	OpenShort	-75	-0.8	-132	-140	-127	-146	0.17	42%	-0.24	-26.6	2.79%	0	-2.1	29	0
2	Aug_11_2017	273.69	256.33	253.91	245.98	246.87	243.26	237.2(-1.98%)	DT	OpenShort	-75	-1	-141	-90	-145	-127	0.21	42%	-0.24	-13.8	2.78%	0	-2.2	43	0
3	Aug_10_2017	274.36	257.35	257	249.98	250.03	248.76	242(-3.35%)	DT	OpenShort	-75	-1.1	-64	-30	-63	-66	0.24	44%	-0.24	8.3	2.78%	0	-2.1	45	0
4	Aug_9_2017	275.02	257.94	259.76	252.5	252.37	250.48	250.4(0.28%)	DP	OpenShort	-75	-0.3	-45	-50	-46	-41	0.17	46%	-0.21	25.8	2.79%	0	-1.1	44	0
5	Aug_8_2017	275.61	257.91	260.88	255.6	254.52	251.29	249.7(-0.36%)	DT	OpenShort	-75	-0.8	-89	-100	-102	-50	0.24	46%	-0.24	36.2	2.81%	0	-1.1	41	0

6	Aug_7_2017	276.28	257.82	262.04	259.44	258.12	254.26	250.6(-2.57%)	DT	OpenShort	-75	-1.1	-96	-120	-117	-32	0.21	46%	-0.24	36.6	2.82%	0	-0.9	53	0
7	Aug_4_2017	276.95	257.52	262.25	263.1	262.35	257.74	257.2(1.02%)	DP	OpenShort	-75	-0.7	-88	-130	-112	-17	0.19	46%	-0.22	41.6	2.87%	0	-0	54	0
8	Aug_3_2017	277.56	256.73	261.9	265.12	265.48	261.98	254.6(-4.25%)	DT	OpenShort	-75	-1.2	-88	-90	-114	-11	0.34	46%	-0.25	41.3	2.95%	0	-0.2	52	0
9	Aug_2_2017	278.26	256.14	262.49	267.96	267.72	266.96	265.9(-1.12%)	N/A	N/A	0	-0.2	-12	-20	-30	43	0.32	48%	-0.14	47.5	2.9%	0	1.1	64	0
10	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	0

11	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	0
12	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	0
13	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	0
14	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	0
15	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	0

16	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	0
17	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	0
18	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	0
19	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	0
20	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	0

21	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	0
22	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	0
23	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
24	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
25	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%		-37.4	2.98%	0	-0.5	45	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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