Trading Signals: ERX Stock Price Prediction and Forecast

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

Fri. Nov. 3, 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 $301.2000 (0.94%) ($297.0000 - $304.5000) on Fri. Nov. 3, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.82% (three month average)
RSI   52
Latest Price   $301.2000(0.94%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 1.2% a day on average for past five trading days.
Weekly Trend   ERX advances 0.8% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Rotation from value to growth 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 -0.91% in a week (0% probabilities).
TLT(-23%)    VIXM(-22%)    UUP(-19%)    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   -0.91% (StdDev 1.82%)
Hourly BBV 0 ()
Intraday Trend 1.1%

5 Day Moving Average   $296.04(1.74%)
10 Day Moving Average   $290.45(3.7%)
20 Day Moving Average   $292.3(3.04%)
To recent high   -0.2%
To recent low   39.7%
Market Cap   $N/A

Average daily price decay: -0%

$. ERX is a 3x leveraged ETF. You'll lose 0% a day on average for holding it.$. ERX price fluctuates within 2.04% (three month std-dev: 1.82%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20171203

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	Nov_3_2017	262.22	292.3	290.45	296.04	297.15	299.56	301.2(0.94%)	UT	OpenLong	75	0.9	69	70	73	56	0.17	47%	0.17	-5.9	1.82%	0	1.5	52	0
2	Nov_2_2017	261.77	291.89	289.22	292.68	293.88	299.32	298.4(-0.9%)	UD	OpenLong	75	1	173	140	203	81	0.18	47%	0.14	-25.7	1.9%	0	1.1	51	0
3	Nov_1_2017	261.4	291.98	288.1	289.58	289.36	294.74	301.1(3.33%)	UT	OpenLong	75	1.9	207	130	251	75	0.19	47%	0.09	-39	1.9%	0	1.5	54	0
4	Oct_31_2017	261.16	291.75	286.92	285.52	284.92	288.44	291.4(1.15%)	UT	OpenLong	75	1	113	80	150	1	0.12	43%	0.08	-60.2	1.86%	0	-0.1	39	0
5	Oct_30_2017	260.96	292.09	287.38	284.68	283.26	283.99	288.1(1.3%)	RB	SmallLong	20	0.6	42	0	68	-38	0.15	43%	0.08	-59.9	1.86%	0	-0.7	38	0

6	Oct_27_2017	260.74	292.65	288.16	284.08	283.51	281.4	284.4(0.53%)	DP	OpenShort	-75	0.1	-74	-60	-66	-96	0.19	47%	0.14	-60	1.85%	0	-1.3	34	0
7	Oct_26_2017	260.37	293.44	289.23	285.26	285.4	282.53	282.9(0.75%)	DP	OpenShort	-75	-0.4	-113	-70	-114	-108	0.11	47%	0.13	-45.3	1.89%	0	-1.8	36	0
8	Oct_25_2017	260.04	294.32	290.47	286.34	287.16	285.63	280.8(-2.23%)	DT	OpenShort	-75	-1	-97	-30	-95	-101	0.15	51%	0.07	-28.3	1.89%	0	-2.5	26	0
9	Oct_24_2017	259.85	295.31	292.32	288.42	288.24	288.28	287.2(0.74%)	DP	OpenShort	-75	-0.3	-50	-0	-44	-68	0.13	53%	0.13	-2.6	1.92%	0	-1.8	37	0
10	Oct_23_2017	259.5	295.76	293.31	290.48	289.91	288.69	285.1(-1.79%)	DT	OpenShort	-75	-1.3	-34	-40	-28	-52	0.12	53%	0.14	34.5	1.93%	0	-2.6	34	0

11	Oct_20_2017	259.15	296.4	294.51	292.84	291.98	288.2	290.3(0.69%)	DP	OpenShort	-75	-0.6	-106	-100	-116	-77	0.09	53%	0.12	76.6	1.95%	0	-1.4	37	0
12	Oct_19_2017	258.85	296.17	294.97	293.84	294.4	291.14	288.3(-1%)	DT	OpenShort	-75	-1	-149	-70	-166	-97	0.1	57%	0.13	81.3	1.95%	0	-1.5	34	0
13	Oct_18_2017	258.52	295.88	296.34	295.2	297.16	295.77	291.2(-2.12%)	DT	OpenShort	-75	-0.6	-46	-10	-48	-40	0.11	57%	0.12	89	2.01%	0	-0.8	36	0
14	Oct_17_2017	258.2	295.42	297.09	296.72	296.89	297.67	297.5(0.2%)	DP	OpenShort	-75	0.1	-21	20	-21	-22	0.08	59%	0.16	90.3	2%	0	0.3	46	0
15	Oct_16_2017	257.8	294.34	297.21	296.6	296.88	298.54	296.9(0.54%)	UT	OpenLong	75	0	45	40	56	11	0.11	59%	0.11	87.7	2%	0	0.3	55	0

16	Oct_13_2017	257.51	293.13	297.46	296.5	297.23	296.11	295.3(0.07%)	UT	OpenLong	75	-0.1	25	-20	32	3	0.12	59%	0.11	86.6	2.01%	0	0.2	49	0
17	Oct_12_2017	257.23	291.85	297.92	296.3	296.6	295.22	295.1(-1.24%)	DT	OpenShort	-75	-0.1	-71	-30	-85	-30	0.12	59%	0.04	87.7	2.01%	0	0.3	68	0
18	Oct_11_2017	257.12	290.46	298.42	297.66	296.8	298.35	298.8(0.64%)	UT	HoldLong	50	0.1	3	30	-5	28	0.09	59%	0.04	88.6	2%	0	0.6	76	0
19	Oct_10_2017	257.01	288.7	298.47	297.54	297.74	297.99	296.9(0.17%)	UT	HoldLong	65	-0	74	10	73	77	0.12	59%	0.04	83	2.01%	0	0.5	76	0
20	Oct_9_2017	256.91	286.59	298.36	297.94	297.35	295.25	296.4(0.71%)	N/A	N/A	0	-0.1	-43	-60	-71	43	0.1	59%	0.04	80.1	2.01%	0	0.6	79	0

21	Oct_6_2017	256.82	284.3	298.42	298.58	298.19	297.5	294.3(-2.52%)	N/A	N/A	0	-0.2	-19	-20	-52	81	0.17	56%	0.07	77.5	2.01%	0	0.5	80	0
22	Oct_5_2017	256.65	281.79	297.55	299.7	298.2	299.45	301.9(1.24%)	UT	HoldLong	65	0.1	53	10	25	136	0.13	52%	0.09	80.1	2.04%	0	1	94	0
23	Oct_4_2017	256.42	279.17	295.46	299.3	297.5	298.89	298.2(-0.23%)	TP	CloseLong	-10	-0.1	62	10	34	146	0.16	52%	0.04	85.5	2.18%	0	0.9	93	0
24	Oct_3_2017	256.31	276.67	293.74	299.56	298.19	296.95	298.9(-0.23%)	TP	CloseLong	-10	-0	64	-40	30	166	0.1	57%	0.03	88.4	2.2%	0	1	95	0
25	Oct_2_2017	256.23	273.6	291.36	298.82	297.59	296.11	299.6(-0.1%)	N/A	N/A	0	0	-18	-50	-70	138	0.17	57%		92.7	2.32%	0	1.2	97	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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