Trading Signals: ERX Stock Price Prediction and Forecast

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Tue. May. 22, 2018

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 $413.6000 (-3.9%) ($410.5100 - $439.4000) on Tue. May. 22, 2018.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.67% (three month average)
RSI   79
Latest Price   $413.6000(-3.9%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 0.4% a day on average for past five trading days.
Weekly Trend   ERX advances 8.4% a week on average for past two weeks.
Market Behavior   Growth stock 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(85%)    IWD(74%)    IVE(73%)
Factors Impacting ERX price   ERX will decline at least -1.835% in a week (0% probabilities).
TLT(-24%)    VXX(-20%)    VIXM(-19%)    UUP(-18%)    IGOV(-5%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.835% (StdDev 3.67%)
Hourly BBV 0 ()
Intraday Trend -4.1%

5 Day Moving Average   $420.44(-1.63%)
10 Day Moving Average   $410.19(0.83%)
20 Day Moving Average   $384.29(7.63%)
To recent high   -3.9%
To recent low   60.2%
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 7.61% (three month std-dev: 3.67%) daily (68% of days).

Sample size 6 Average positive next day return: 0.53%(67%) Average negative next day return: -1.2%(33%) Sample size 6 Average positive next three day return: 2.13%(83%) Average negative next three day return: -3.25%(17%) Sample size 6 Average positive next weekly return: 4.2%(67%) Average negative next weekly return: -1.35%(33%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20180622

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	May_22_2018	334.85	384.29	410.19	420.44	423.58	425.05	413.6(-3.9%)	UD	OpenLong	75	-0.2	73	50	45	155	0.23	64%	0.24	64.9	3.67%	0	1	79	1.5
2	May_21_2018	334.04	380.82	405.71	418.86	419.12	424.54	430.4(2.75%)	UT	HoldLong	65	0.4	111	90	88	181	0.21	63%	0.25	66.2	3.63%	0	1.7	89	1.6
3	May_18_2018	333.21	376.87	398.48	413.92	413.29	422.11	418.9(-2.31%)	UD	OpenLong	75	0.2	169	140	158	201	0.18	63%	0.21	70.1	3.67%	0	1.6	81	1.5
4	May_17_2018	332.52	373.25	392.25	409.62	408.73	413.7	428.8(4.46%)	UT	HoldLong	65	0.8	187	80	181	204	0.26	63%	0.24	75.3	3.68%	0	2.2	87	1.6
5	May_16_2018	331.72	369.27	384.33	403.12	402.99	404.46	410.5(1.18%)	UT	OpenLong	75	0.3	63	20	41	128	0.17	62%	0.17	87.7	3.68%	0	1.9	71	1.5

6	May_15_2018	331.15	366.2	378.55	398.5	399.84	403.76	405.7(0%)	UT	HoldLong	50	0.3	92	80	78	135	0.18	62%	0.24	97.3	3.68%	0	1.9	75	1
7	May_14_2018	330.37	362.67	372.75	390.34	395.42	401.52	405.7(2.09%)	UT	HoldLong	65	0.8	182	150	188	163	0.21	63%	0.19	100.2	3.69%	0	2.2	78	2.2
8	May_11_2018	329.75	358.93	367.44	380.48	383.39	395.93	397.4(0.28%)	UT	OpenLong	75	0.9	162	250	172	133	0.18	65%	0.17	107.1	3.7%	0	2.1	67	1.8
9	May_10_2018	329.2	355.16	362.95	372.02	374.63	389.33	396.3(2.3%)	UT	OpenLong	75	1.4	306	300	346	184	0.17	65%	0.23	108.7	3.73%	0	2.3	69	1.6
10	May_9_2018	328.44	350.97	359.62	362.8	364.09	370.85	387.4(6.17%)	UT	OpenLong	75	1.4	205	140	233	122	0.33	65%	0.24	106.6	3.76%	0	2.1	63	1.1

11	May_8_2018	327.64	347.23	355.8	355.92	354.42	359.93	364.9(2.38%)	UT	OpenLong	75	0.5	46	100	51	32	0.38	58%	0.17	105.7	3.69%	0	1	57	17.5
12	May_7_2018	327.08	344.27	353.68	352.6	353.1	357.33	356.4(0.37%)	UT	OpenLong	75	0.2	123	90	143	63	0.31	55%	0.17	85.7	3.89%	0	0.6	62	1
13	May_4_2018	326.54	340.54	353.48	352.34	348.69	348.9	355.1(1.4%)	N/A	N/A	0	0.1	-5	-30	-10	9	0.18	50%	0.16	76.7	4.23%	0	0.6	63	1
14	May_3_2018	326.02	336.68	352.88	352.36	350.16	348.86	350.2(-0.79%)	N/A	N/A	0	-0.1	-9	-40	-17	16	0.26	50%	0.14	73.1	4.26%	0	0.5	66	0.2
15	May_2_2018	325.58	333.74	353.26	355.84	352.51	348.48	353(1.35%)	N/A	N/A	0	-0.1	-33	-110	-52	26	0.18	46%	0.14	76.5	4.3%	0	0.6	71	1.3

16	May_1_2018	325.13	329.96	353.22	355.62	355.04	351.46	348.3(-1.91%)	CR	SmallShort	-20	-0.2	-30	-80	-52	38	0.17	47%	0.11	73	4.58%	0	0.6	70	0.5
17	Apr_30_2018	324.76	326.44	352.3	354.68	354.73	356.55	355.1(-0.03%)	UD	OpenLong	65	0	7	40	-13	66	0.18	45%	0.16	66.2	4.56%	0	0.8	77	1.1
18	Apr_27_2018	324.25	321.76	350.23	354.62	353.21	358.61	355.2(-3.37%)	UD	OpenLong	75	0	87	100	75	123	0.19	44%	0.19	65.4	4.62%	0	1	83	1.1
19	Apr_26_2018	323.65	317.78	347.2	353.36	351.33	352.91	367.6(4.46%)	UT	HoldLong	65	0.4	95	10	79	144	0.2	44%	0.23	64.8	4.64%	0	1.4	90	0.9
20	Apr_25_2018	322.9	312.33	341.82	350.6	348.17	347.81	351.9(2.42%)	N/A	N/A	0	0	-1	-30	-37	107	0.26	44%	0.15	58.3	4.61%	0	1.1	76	0.4

21	Apr_24_2018	322.43	308.42	338.06	350.72	350.58	349.75	343.6(-3.16%)	UD	OpenLong	75	-0.2	48	-20	14	149	0.3	44%	0.1	60.8	4.6%	0	1	78	1.3
22	Apr_23_2018	322.1	305.27	334.31	349.36	350.67	348.54	354.8(1.69%)	UT	HoldLong	50	0.2	35	-30	-5	156	0.19	44%	0.14	64.6	4.59%	0	1.5	82	1.4
23	Apr_20_2018	321.65	300.84	326.74	344.98	347.47	351.4	348.9(-1.38%)	UD	OpenLong	75	0.1	60	100	23	170	0.23	46%	0.14	62.6	4.62%	0	1.5	84	1.2
24	Apr_19_2018	321.19	296.91	319.36	339.78	342.59	352.8	353.8(0.37%)	UT	OpenLong	75	0.5	177	230	164	217	0.34	46%	0.2	62.1	4.66%	0	1.9	75	1.6
25	Apr_18_2018	320.54	293.46	312.66	331.62	334.24	343.54	352.5(4.66%)	UT	HoldLong	65	0.8	198	220	189	225	0.28	46%		64	4.66%	0	2.2	78	1.8
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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