Trading Signals: ERX Stock Price Prediction and Forecast

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Fri. Sep. 29, 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 $299.9000 (0%) ($294.1000 - $299.9000) on Fri. Sep. 29, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.32% (three month average)
RSI   98
Latest Price   $299.9000(0%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 1.1% a day on average for past five trading days.
Weekly Trend   ERX advances 7.3% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Growth stock 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 -1.16% in a week (0% probabilities).
TLT(-23%)    VIXM(-22%)    UUP(-18%)    IGOV(-5%)    SHY(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.16% (StdDev 2.32%)
Hourly BBV 0 ()
Intraday Trend 1%

5 Day Moving Average   $298.22(0.56%)
10 Day Moving Average   $288.56(3.93%)
20 Day Moving Average   $270.27(10.96%)
To recent high   0%
To recent low   39.1%
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 8.15% (three month std-dev: 2.32%) daily (68% of days).

Sample size 1 Average positive next day return: 4.62%(100%) Average negative next day return: 0%(0%) Sample size 1 Average positive next three day return: 0%(0%) Average negative next three day return: -4.44%(100%) Sample size 1 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20171029

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	Sep_29_2017	256.08	270.27	288.56	298.22	297.6	299.43	299.9(0%)	UT	HoldLong	50	0.1	76	40	33	203	0.14	57%	0.05	91	2.32%	0	1.3	98	0
2	Sep_28_2017	255.96	266.61	285.35	294.98	296.37	299.07	299.9(0.13%)	UT	HoldLong	65	0.2	176	80	147	261	0.2	57%	0.04	85.5	2.32%	0	1.5	98	0
3	Sep_27_2017	255.85	262.75	281.88	290.96	291.42	295.78	299.5(1.46%)	UT	HoldLong	65	0.4	147	110	114	246	0.2	57%	0.08	79.4	2.33%	0	1.6	85	0
4	Sep_26_2017	255.64	258.85	278.07	287.02	286.95	293.68	295.2(-0.47%)	UD	OpenLong	75	0.4	228	160	209	283	0.14	57%	0.04	76	2.32%	0	1.6	84	0
5	Sep_25_2017	255.54	255.2	273.79	282.76	282.84	287.06	296.6(4.55%)	UT	HoldLong	65	0.6	243	110	228	288	0.33	57%	0.07	74.6	2.32%	0	1.9	88	0

6	Sep_22_2017	255.37	251.59	268.87	277.58	277.83	280.22	283.7(1.39%)	UT	HoldLong	65	0.3	124	60	89	229	0.16	53%	0.07	74.9	2.27%	0	1.5	88	0
7	Sep_21_2017	255.2	248.5	264.66	274.28	274.54	278.63	279.8(0%)	UT	HoldLong	50	0.3	154	110	124	245	0.13	49%	-0.02	75.2	2.27%	0	1.6	88	0
8	Sep_20_2017	255.24	245.6	261.51	271.34	271.21	275.44	279.8(2.15%)	UT	HoldLong	65	0.4	185	110	158	267	0.24	47%	-0	73.9	2.36%	0	1.8	89	0
9	Sep_19_2017	255.25	242.54	258.17	267.72	268.02	270.46	273.9(1.18%)	UT	HoldLong	65	0.3	166	70	133	264	0.17	47%	-0.04	69.7	2.4%	0	1.7	88	0
10	Sep_18_2017	255.36	239.58	254.4	263.34	264.3	266.98	270.7(1.31%)	UT	HoldLong	65	0.4	134	80	98	243	0.16	47%	-0.07	60.6	2.41%	0	1.8	86	0

11	Sep_15_2017	255.53	236.92	250.53	258.76	259.98	265.58	267.2(0.79%)	UT	HoldLong	65	0.5	180	160	158	245	0.14	50%	-0.08	51.8	2.49%	0	1.9	80	0
12	Sep_14_2017	255.73	234.27	246.42	253.48	254.85	261.62	265.1(1.3%)	UT	HoldLong	65	0.8	228	200	222	247	0.22	47%	-0.13	37.6	2.5%	0	2	81	0
13	Sep_13_2017	256.06	232.15	242.13	250.2	249.27	254.38	261.7(3.85%)	UT	HoldLong	65	0.9	171	130	160	203	0.24	47%	-0.15	27.3	2.59%	0	2.2	80	0
14	Sep_12_2017	256.45	230.5	238.09	247.34	246.7	248.08	252(1.69%)	UT	HoldLong	65	0.4	124	30	107	173	0.14	44%	-0.16	18.1	2.56%	0	1.9	78	0
15	Sep_11_2017	256.85	229.49	235.16	244.14	244.94	244.16	247.8(2.91%)	UT	HoldLong	65	0.4	44	-10	16	129	0.17	44%	-0.16	4.3	2.56%	0	1.8	79	0

16	Sep_8_2017	257.26	228.81	232.95	240.96	242.48	245.33	240.8(-3.18%)	UD	OpenLong	75	-0	62	100	41	124	0.19	47%	-0.2	-14.3	2.7%	0	1.3	70	0
17	Sep_7_2017	257.77	228.73	231.15	237.96	239.04	245.71	248.7(0.53%)	UT	HoldLong	65	1.1	190	210	194	179	0.17	46%	-0.15	-28.7	2.67%	0	2.1	82	0
18	Sep_6_2017	258.17	228.58	228.44	232.66	233.41	239.62	247.4(4.83%)	UT	OpenLong	75	1.5	198	200	212	154	0.3	49%	-0.21	-50.2	2.73%	0	1.9	65	0
19	Sep_5_2017	258.72	228.48	225.57	227.56	227.71	232.38	236(1.77%)	UT	OpenLong	75	0.8	132	150	146	90	0.3	45%	-0.29	-71.3	2.7%	0	0.8	50	0
20	Sep_1_2017	259.47	229.05	223.49	224.96	223.97	227.2	231.9(2.7%)	UT	OpenLong	75	0.6	80	90	94	38	0.21	43%	-0.3	-70.7	2.7%	0	0.2	45	0

21	Aug_31_2017	260.24	230.16	222.17	223.88	222.73	223.05	225.8(1.62%)	RB	SmallLong	20	0.1	30	-10	41	-5	0.14	42%	-0.39	-71.3	2.69%	0	-0.3	37	0
22	Aug_30_2017	261.25	231.5	221.18	223.3	223.04	220.74	222.2(0.14%)	DP	OpenShort	-75	-0.1	-43	-80	-36	-63	0.15	40%	-0.42	-68.5	2.68%	0	-0.6	29	0
23	Aug_29_2017	262.35	233.57	221.45	223.46	223.37	222.42	221.9(-0.49%)	DT	OpenShort	-75	-0.1	-65	-30	-56	-92	0.14	40%	-0.42	-61.4	2.72%	0	-0.7	25	0
24	Aug_28_2017	263.45	235.81	222.39	223.12	223.65	225.34	223(-1.55%)	N/A	N/A	0	-0	11	60	38	-71	0.19	40%	-0.38	-56.6	2.74%	0	-0.7	26	0
25	Aug_25_2017	264.46	238.02	223.44	221.64	222.31	224.32	226.5(1.62%)	N/A	N/A	0	0.3	36	70	74	-79	0.13	37%		-53	2.73%	0	-0.6	27	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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