Trading Signals: ERX Stock Price Prediction and Forecast

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Fri. Dec. 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 $349.3000 (-0.91%) ($348.3000 - $356.2000) on Fri. Dec. 29, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.13% (three month average)
RSI   78
Latest Price   $349.3000(-0.91%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 0.3% a day on average for past five trading days.
Weekly Trend   ERX advances 7% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off 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 -1.065% 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   -1.065% (StdDev 2.13%)
Hourly BBV 0 ()
Intraday Trend -1.7%

5 Day Moving Average   $350.84(-0.44%)
10 Day Moving Average   $335.88(4%)
20 Day Moving Average   $321.73(8.57%)
To recent high   -1.6%
To recent low   25.2%
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 6.18% (three month std-dev: 2.13%) daily (68% of days).

Sample size 3 Average positive next day return: 0%(0%) Average negative next day return: -1.17%(100%) Sample size 3 Average positive next three day return: 0.5%(33%) Average negative next three day return: -0.2%(67%) Sample size 3 Average positive next weekly return: 0.69%(67%) Average negative next weekly return: -0.43%(33%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20180129

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_29_2017	284.03	321.73	335.88	350.84	352.19	351.88	349.3(-0.91%)	UD	OpenLong	75	-0.1	66	10	20	204	0.14	64%	0.39	82.2	2.13%	0	1.4	78	0
2	Dec_28_2017	282.94	319.42	331.59	349.8	350.49	352.18	352.5(0.34%)	UT	HoldLong	65	0.1	111	40	70	233	0.09	64%	0.37	89.8	2.12%	0	1.7	83	0
3	Dec_27_2017	281.9	316.3	327.15	344.04	346.1	352.5	351.3(-1.04%)	UD	OpenLong	75	0.4	246	150	233	286	0.14	64%	0.37	87.3	2.12%	0	1.9	84	0
4	Dec_26_2017	280.86	313	322.83	335.8	337.45	348.8	355(2.57%)	UT	OpenLong	75	1.1	365	250	383	309	0.17	64%	0.46	79.9	2.12%	0	2.4	73	0
5	Dec_22_2017	279.57	309.17	318.3	327.1	327.34	339.7	346.1(0.58%)	UT	OpenLong	75	1.2	421	270	462	298	0.14	65%	0.33	70.7	2.15%	0	2.3	67	0

6	Dec_21_2017	278.64	306.19	314.04	318.74	318.63	326.1	344.1(6.3%)	UT	OpenLong	75	1.9	334	160	373	217	0.24	65%	0.28	68.2	2.16%	0	2.8	66	0
7	Dec_20_2017	277.85	303.2	309.22	310.96	311.96	314.99	323.7(4.39%)	UT	OpenLong	75	1.2	132	80	147	85	0.18	62%	0.2	66.5	2.02%	0	1.9	62	0
8	Dec_19_2017	277.3	301.16	306.33	307.94	309.09	311.16	310.1(-0.45%)	UD	OpenLong	75	0.2	61	60	67	41	0.08	59%	0.15	57.1	1.97%	0	0.8	65	0
9	Dec_18_2017	276.88	299.78	305.98	307.84	308.41	308.93	311.5(2.37%)	UT	OpenLong	75	0.3	42	20	40	49	0.13	59%	0.16	43.8	1.97%	0	1.1	68	0
10	Dec_15_2017	276.44	298.38	305.85	308.1	308.9	307.03	304.3(-0.29%)	N/A	N/A	0	-0.3	-17	-30	-39	49	0.11	57%	0.13	32	1.96%	0	0.5	69	0

11	Dec_14_2017	276.08	297.18	306.56	308.4	309.93	307.9	305.2(-1.1%)	N/A	N/A	0	-0.3	-25	-30	-55	67	0.11	57%	0.16	16.3	1.96%	0	0.7	61	0
12	Dec_13_2017	275.63	296.08	306.55	306.96	309.02	310.78	308.6(-0.32%)	UD	OpenLong	75	0.1	48	60	27	111	0.12	60%	0.18	0.5	1.95%	0	1	64	0
13	Dec_12_2017	275.13	295.23	304.93	304.28	305.92	311.95	309.6(-1.02%)	UD	OpenLong	75	0.5	165	150	167	159	0.14	60%	0.22	-16.2	2%	0	1.2	67	0
14	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	0
15	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	0

16	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	0
17	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	0
18	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	0
19	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	0
20	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	0

21	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	0
22	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	0
23	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	0
24	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	0
25	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%		-5.5	1.93%	0	-0.6	44	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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