Trading Signals: ERX Stock Price Prediction and Forecast

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Mon. Dec. 11, 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 $312.8000 (2.29%) ($307.2000 - $317.3000) on Mon. Dec. 11, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2% (three month average)
RSI   70
Latest Price   $312.8000(2.29%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 0.1% a day on average for past five trading days.
Weekly Trend   ERX advances 3.2% a week on average for past two weeks.
Market Behavior   Broad based 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% 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% (StdDev 2%)
Hourly BBV 0 ()
Intraday Trend 1.6%

5 Day Moving Average   $303.8(2.96%)
10 Day Moving Average   $302.75(3.32%)
20 Day Moving Average   $294.98(6.04%)
To recent high   -2.7%
To recent low   26.2%
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 3.92% (three month std-dev: 2%) daily (68% of days).

Sample size 4 Average positive next day return: 3.94%(50%) Average negative next day return: -0.75%(50%) Sample size 4 Average positive next three day return: 11.32%(75%) Average negative next three day return: -3.44%(25%) Sample size 4 Average positive next weekly return: 13.66%(75%) Average negative next weekly return: -0.38%(25%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20180111

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_11_2017	274.53	294.98	302.75	303.8	302.74	307.26	312.8(2.29%)	UT	OpenLong	75	0.8	186	90	190	173	0.12	62%	0.22	-23.2	2%	0	1.5	70	INF
2	Dec_8_2017	273.92	294.8	299.55	303.54	302.39	299.89	305.8(2.62%)	UT	HoldLong	50	0.2	18	-70	-7	92	0.11	57%	0.17	-19.3	2.01%	0	0.9	66	INF
3	Dec_7_2017	273.45	295.25	297.89	304.74	305.34	298.23	298(0.95%)	N/A	N/A	0	-0.5	-158	-160	-219	26	0.11	55%	0.14	-8.5	2.04%	0	0.2	65	INF
4	Dec_6_2017	273.08	296.02	296.87	306.08	308.82	304.89	295.2(-3.91%)	N/A	N/A	0	-0.8	-124	-60	-183	55	0.17	58%	0.16	-0.2	2.04%	0	-0.1	60	INF
5	Dec_5_2017	272.64	297.14	295.82	305.28	308.81	312.45	307.2(-1.38%)	UD	OpenLong	75	0.1	101	120	84	151	0.14	62%	0.19	7.1	2.04%	0	0.7	58	INF

6	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
7	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
8	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
9	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
10	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

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		19.2	1.98%	0	3.2	63	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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