Trading Signals: ERX Stock Price Prediction and Forecast

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

Fri. Dec. 14, 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 $193.3000 (-6.93%) ($190.4000 - $206.2200) on Fri. Dec. 14, 2018.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.51% (three month average)
RSI   44
Latest Price   $193.3000(-6.93%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX declines -2% a day on average for past five trading days.
Weekly Trend   ERX declines -5.6% 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(85%)    IWD(74%)    IVE(73%)
Factors Impacting ERX price   ERX will decline at least -2.255% in a week (0% probabilities).
TLT(-24%)    VXX(-19%)    UUP(-18%)    VIXM(-16%)    DIA(-9%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.255% (StdDev 4.51%)
Hourly BBV 0 ()
Intraday Trend -4.5%

Resistance Level   $224.12
5 Day Moving Average   $202.66(-4.62%)
10 Day Moving Average   $215.22(-10.18%)
20 Day Moving Average   $224.12(-13.75%)
To recent high   -52.2%
To recent low   0%
Market Cap   $N/A

Average daily price decay: -0.02%

$. ERX is a 3x leveraged ETF. You'll lose 0.02% a day on average for holding it.$. ERX price fluctuates within 7.55% (three month std-dev: 4.51%) daily (68% of days).

Sample size 44 Average positive next day return: 3.84%(45%) Average negative next day return: -3.31%(55%) Sample size 44 Average positive next three day return: 5.13%(50%) Average negative next three day return: -5.26%(50%) Sample size 44 Average positive next weekly return: 8.01%(41%) Average negative next weekly return: -7.82%(59%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20190114

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_14_2018	312.11	224.12	215.22	202.66	205.38	202.25	193.3(-6.93%)	DT	OpenShort	-75	-0.6	-91	-70	-85	-108	0.3	32%	-0.65	-67.7	4.51%	0	-1.8	44	-1.4
2	Dec_13_2018	314.15	226.2	219.71	206.72	206.69	208.34	207.7(1.02%)	DP	OpenShort	-75	0.1	-46	60	-36	-76	0.21	33%	-0.56	-80.9	4.45%	0	-1.2	40	-0.8
3	Dec_12_2018	315.92	227.52	222.29	208.76	211.02	208.51	205.6(1.08%)	N/A	N/A	0	-0.2	7	-50	23	-43	0.27	33%	-0.53	-92.7	4.45%	0	-1.4	45	-1.2
4	Dec_11_2018	317.61	229.76	224.13	213.68	211.81	205.05	203.4(0.05%)	DP	OpenShort	-75	-0.7	-159	-250	-172	-121	0.19	33%	-0.5	-97.1	4.45%	0	-1.8	36	-1.5
5	Dec_10_2018	319.19	232.94	226.45	223.3	220.36	213.53	203.3(-4.82%)	DT	OpenShort	-75	-1.5	-136	-260	-149	-95	0.35	33%	-0.5	-82.5	4.47%	0	-2.2	36	-1.8

6	Dec_7_2018	320.81	236.19	227.89	229.68	232.26	218.56	213.6(-1.97%)	DT	OpenShort	-75	-1.1	-112	-380	-122	-80	0.34	34%	-0.48	-66.5	4.44%	0	-1.6	42	-2.4
7	Dec_6_2018	322.37	239.74	230.27	234.46	234.6	227.19	217.9(-5.34%)	DT	OpenShort	-75	-1.1	-222	-220	-257	-117	0.4	33%	-0.6	-45.4	4.44%	0	-1.5	48	-1.3
8	Dec_4_2018	324.32	242.5	231.27	237.52	240.41	245.97	230.2(-8.47%)	UD	OpenLong	75	-0.4	60	200	73	21	0.27	34%	-0.44	-26.6	4.41%	0	-0.7	51	-0.8
9	Dec_3_2018	325.74	244.49	233.11	235.82	236.73	242.02	251.5(6.93%)	UT	OpenLong	75	0.8	121	170	146	44	0.19	36%	-0.41	-19.9	4.29%	0	0.4	50	1.7
10	Nov_30_2018	327.07	244.72	232.67	230.32	229.35	234.86	235.2(-0.97%)	N/A	N/A	0	0.2	47	160	68	-15	0.13	33%	-0.44	-24.8	4.2%	0	-0.5	39	1.1

11	Nov_29_2018	328.51	245.94	233.32	225.98	226.77	231.44	237.5(1.84%)	RB	SmallLong	20	0.6	92	150	129	-18	0.14	33%	-0.42	-29.4	4.2%	0	-0.4	40	0.7
12	Nov_28_2018	329.91	246.75	232.74	225.8	221.5	223.83	233.2(5.19%)	DP	OpenShort	-65	0.4	-19	20	7	-96	0.27	33%	-0.51	-28.1	4.2%	0	-0.7	34	1
13	Nov_27_2018	331.6	247.6	232.67	224.36	223.88	222.09	221.7(-1.03%)	DT	HoldShort	-50	-0.1	-28	-60	4	-125	0.2	31%	-0.52	-36.8	4.14%	0	-1.3	35	0.6
14	Nov_26_2018	333.33	248.41	235.48	230.1	226.49	219.16	224(4.92%)	DP	OpenShort	-75	-0.3	-146	-270	-136	-175	0.16	31%	-0.46	-45.5	4.15%	0	-1.3	37	0.4
15	Nov_23_2018	334.87	249.7	239.68	235.54	232.94	225.67	213.5(-9.76%)	DT	OpenShort	-75	-1.2	-170	-250	-170	-170	0.23	28%	-0.47	-55.2	4.11%	0	-2	38	-0.7

16	Nov_21_2018	336.45	251.86	245.23	241.42	241.1	233.81	236.6(4.69%)	DP	OpenShort	-75	-0.3	-86	-220	-76	-114	0.13	32%	-0.4	-72.3	3.95%	0	-1	44	-0.4
17	Nov_20_2018	337.81	252.39	250	240.5	240.65	240.21	226(-9.74%)	DT	OpenShort	-75	-0.9	-118	-10	-118	-118	0.37	30%	-0.41	-92.8	3.9%	0	-1.7	43	-1.1
18	Nov_19_2018	339.2	254.92	254.87	241.78	241.96	248.39	250.4(-0.32%)	N/A	N/A	0	0.5	83	190	114	-11	0.24	32%	-0.39	-95.6	3.74%	0	-0.3	53	-0.2
19	Nov_16_2018	340.52	257.2	256.87	241.74	239.97	241.09	251.2(3.42%)	N/A	N/A	0	0.5	25	10	40	-21	0.34	32%	-0.37	-85.8	3.74%	0	-0.3	61	0.5
20	Nov_15_2018	341.77	259.91	257.65	245.04	243.37	235.53	242.9(4.7%)	DP	OpenShort	-75	-0.1	-103	-250	-115	-66	0.41	30%	-0.39	-74.6	3.73%	0	-0.7	51	-0.2

21	Nov_14_2018	343.11	263.49	259.52	250.16	250.74	238.86	232(-0.17%)	DT	OpenShort	-75	-0.7	-220	-320	-259	-102	0.41	27%	-0.38	-64.4	3.87%	0	-1.2	45	-0.5
22	Nov_13_2018	344.41	267.95	262.06	261.22	260.73	251.22	232.4(-7.11%)	DT	OpenShort	-75	-1	-200	-260	-248	-55	0.47	26%	-0.34	-56.4	3.87%	0	-1.2	49	-0.2
23	Nov_12_2018	345.57	272.73	264.18	269.54	271.66	262.63	250.2(-6.54%)	N/A	N/A	0	-0.7	-94	-210	-128	8	0.34	28%	-0.35	-59	3.8%	0	-0.8	43	-0.2
24	Nov_9_2018	346.8	276.21	262.94	273.76	274.1	270.25	267.7(-0.3%)	DT	OpenShort	-75	-0.2	-116	-90	-148	-21	0.24	29%	-0.24	-62.4	3.73%	0	-0.3	40	0.8
25	Nov_8_2018	347.62	279.13	260.93	271.88	275.51	280.69	268.5(-6.54%)	UD	OpenLong	75	-0.1	58	170	69	24	0.21	29%		-69.1	3.75%	0	-0.3	38	0.8
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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