Trading Signals: ERX Stock Price Prediction and Forecast

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

Mon. Dec. 4, 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 $311.5000 (-0.1%) ($309.2200 - $326.2000) on Mon. Dec. 4, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.04% (three month average)
RSI   49
Latest Price   $311.5000(-0.1%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 2.1% a day on average for past five trading days.
Weekly Trend   ERX advances 2.4% a week on average for past two weeks.
Market Behavior   Rotation from growth to value for large cap. Rotation from growth to value 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 -1.02% 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   -1.02% (StdDev 2.04%)
Hourly BBV 0 ()
Intraday Trend -0.5%

5 Day Moving Average   $301.14(3.44%)
10 Day Moving Average   $293.25(6.22%)
20 Day Moving Average   $297.67(4.65%)
To recent high   -3.1%
To recent low   32%
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 5.07% (three month std-dev: 2.04%) daily (68% of days).

Sample size 1 Average positive next day return: 0.61%(100%) Average negative next day return: 0%(0%) Sample size 1 Average positive next three day return: 1.29%(100%) Average negative next three day return: %(0%) Sample size 1 Average positive next weekly return: 8.34%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20180104

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	Dec_4_2017	272.11	297.67	293.25	301.14	303.48	312.75	311.5(-0.1%)	UD	OpenLong	75	0.7	292	240	323	200	0.24	62%	0.21	9.1	2.04%	0	0.9	49	INF
2	Dec_1_2017	271.54	297.06	290.28	294.82	295.6	305.17	311.8(2.33%)	UT	OpenLong	75	1.1	329	230	384	162	0.27	64%	0.23	2.4	2.05%	0	1	46	INF
3	Nov_30_2017	270.93	296.31	286.85	290.24	288.66	294.22	304.7(4.64%)	UT	OpenLong	75	1	198	120	248	46	0.29	63%	0.21	-1.4	2.05%	0	0.6	39	INF
4	Nov_29_2017	270.35	296.06	286.85	286.66	286.2	286.04	291.2(1.64%)	RB	SmallLong	20	0.3	43	-10	82	-75	0.14	59%	0.17	-2.1	1.98%	0	-0.3	32	INF
5	Nov_28_2017	269.89	296.13	284.48	285.08	286.05	283.11	286.5(2.36%)	DP	OpenShort	-75	0.1	-106	-60	-82	-176	0.11	59%	0.16	-3.9	1.98%	0	-0.7	27	INF

6	Nov_27_2017	269.45	296.31	286.34	284.1	286.25	286.37	279.9(-3.12%)	DT	HoldShort	-65	-0.3	-93	30	-62	-187	0.11	57%	0.15	-4.8	1.98%	0	-1.1	20	INF
7	Nov_24_2017	269.04	296.7	289.5	284.76	285.83	288.99	288.9(0.73%)	N/A	N/A	0	0.3	55	90	110	-110	0.06	61%	0.25	-5.5	1.93%	0	-0.6	44	INF
8	Nov_22_2017	268.37	296.52	292.2	282.8	283.94	286.14	286.8(1.24%)	RB	SmallLong	20	0.3	69	70	125	-100	0.15	61%	0.07	-10.7	1.92%	0	-0.7	45	INF
9	Nov_21_2017	268.18	296.36	294.95	282	281.92	282.67	283.3(0.6%)	DP	OpenShort	-65	0.1	-19	20	20	-134	0.1	61%	0.07	-15.7	1.93%	0	-0.9	41	INF
10	Nov_20_2017	268	296.68	298.54	283.92	281.74	281.75	281.6(-0.56%)	DT	OpenShort	-75	-0.2	-86	-20	-70	-135	0.09	61%	0.12	-15.4	1.95%	0	-1.1	48	INF

11	Nov_17_2017	267.69	297.01	302.53	289.12	286.07	281.16	283.2(1.47%)	DP	OpenShort	-75	-0.4	-133	-150	-141	-107	0.13	56%	0.13	-9.3	1.95%	0	-1	51	INF
12	Nov_16_2017	267.33	297.47	304.6	295.14	292.9	281.74	279.1(-1.31%)	DT	OpenShort	-75	-1.2	-321	-290	-377	-153	0.17	53%	0.12	1.1	2.03%	0	-1.3	52	INF
13	Nov_15_2017	267	298.08	306.92	303.04	301.3	290.98	282.8(-3.45%)	DT	OpenShort	-75	-1.5	-370	-260	-451	-126	0.18	53%	0.15	15.5	2.07%	0	-1.1	55	INF
14	Nov_14_2017	266.6	298.62	309.1	309.66	309.22	304.06	292.9(-4.78%)	CR	SmallShort	-20	-1.3	-201	-120	-270	5	0.18	57%	0.19	28	2.02%	0	-0.4	62	INF
15	Nov_13_2017	266.1	298.89	309.32	315.1	313.66	311.63	307.6(-1.82%)	CR	SmallShort	-20	-0.6	-65	-60	-123	110	0.1	62%	0.24	40.9	1.92%	0	0.7	66	INF

16	Nov_10_2017	265.47	298.3	307.59	317.88	316.37	314.38	313.3(-1.66%)	UD	OpenLong	65	-0.4	25	-60	-25	174	0.13	58%	0.28	48.5	1.92%	0	1.2	72	INF
17	Nov_9_2017	264.73	297.33	304.85	315.46	316.27	315.7	318.6(0.85%)	UT	OpenLong	75	0.3	44	-0	3	167	0.18	58%	0.3	45.4	1.96%	0	1.7	69	INF
18	Nov_8_2017	263.94	296.03	301.31	311.42	312.49	318.37	315.9(-1.31%)	UD	OpenLong	75	0.4	132	140	114	186	0.17	58%	0.24	36.8	1.96%	0	1.8	70	INF
19	Nov_7_2017	263.31	295.04	297.81	308.46	308.2	316.84	320.1(-0.44%)	UD	OpenLong	75	1.1	337	190	362	262	0.18	58%	0.22	32.6	1.95%	0	2.4	69	INF
20	Nov_6_2017	262.74	293.73	294.34	302.72	302.96	306.61	321.5(6.74%)	UT	OpenLong	75	2.2	264	90	289	189	0.25	58%	0.2	19.2	1.98%	0	3.2	63	INF

21	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	INF
22	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	INF
23	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	INF
24	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	INF
25	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%		-59.9	1.86%	0	-0.7	38	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.