Trading Signals: ERX Stock Price Prediction and Forecast

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

Thu. Mar. 25, 2021

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 $23.8100 (0.55%) ($22.1100 - $23.9500) on Thu. Mar. 25, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.32% (three month average)
RSI   34
Latest Price   $23.8100(0.55%)
Stocks Behave Similarly   Similar Stock List
Weekly Trend   ERX declines -7.5% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support ERX advance at 0% a week (0% probability)
OIH(91%)    XLE(79%)    XOP(75%)    IWD(58%)    IFRA(56%)
Factors Impacting ERX price   ERX will decline at least -2.16% in a week (0% probabilities).
VIXM(-27%)    UUP(-20%)    TLT(-12%)    VXX(-10%)    SHY(-10%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.16% (StdDev 4.32%)
Hourly BBV 0.6 ()
Intraday Trend 4.1%

Inflection Point   Yes
Resistance Level   $25.21
5 Day Moving Average   $23.42(1.67%)
10 Day Moving Average   $24.71(-3.64%)
20 Day Moving Average   $25.21(-5.55%)
To recent high   -14.8%
To recent low   68.1%
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 7.26% (three month std-dev: 4.32%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210425

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	Mar_25_2021	18.1	25.21	24.71	23.42	23.21	23.4	23.81(0.55%)	DP	OpenShort	-65	0.2	-24	30	3	-104	5.8	66%	0.84	-0.6	4.32%	0.6	-0.8	34	1.1
2	Mar_24_2021	17.95	25.23	25.09	23.41	23.37	23.07	23.68(5.2%)	DP	OpenShort	-75	0.1	-33	-90	-11	-99	5.58	66%	0.9	8.2	4.36%	0.6	-0.9	46	1
3	Mar_23_2021	17.79	25.29	25.49	23.92	23.65	23.03	22.51(-3.39%)	DT	OpenShort	-75	-0.8	-38	-220	-25	-76	6.14	65%	0.79	25.3	4.33%	-1.7	-1.5	47	1.1
4	Mar_22_2021	17.65	25.35	25.91	24.56	24.47	23.67	23.3(-2.02%)	DT	OpenShort	-75	-0.7	-31	-240	-26	-47	3.53	65%	0.86	42	4.32%	-0.9	-1.1	54	1.9
5	Mar_19_2021	17.5	25.33	26.34	25.35	25.08	24.27	23.78(-0.04%)	DT	OpenShort	-75	-0.8	-27	-260	-32	-10	4.56	65%	0.92	57.2	4.35%	-1.1	-0.8	54	1.6

6	Mar_18_2021	17.34	25.22	26.72	26.19	25.98	25.27	23.79(-9.27%)	N/A	N/A	0	-1.1	-10	-220	-26	40	6.02	65%	0.99	67.7	4.38%	-3.2	-0.6	60	1.2
7	Mar_17_2021	17.17	25.08	26.94	27	26.79	25.9	26.22(1.9%)	UD	OpenLong	65	-0.3	6	-260	-19	81	4.58	71%	1.06	76.9	4.22%	-0.3	0.5	63	2.1
8	Mar_16_2021	16.99	24.84	26.77	27.31	27.36	26.7	25.73(-5.58%)	UD	OpenLong	65	-0.6	11	-160	-16	93	5.51	71%	1.07	82.7	4.22%	-1.2	0.4	56	1.9
9	Mar_15_2021	16.81	24.6	26.6	27.43	27.64	27.68	27.25(-2.5%)	UD	OpenLong	65	-0.1	25	30	-4	110	4.45	74%	1.08	86.3	4.14%	-1.1	1	68	2.4
10	Mar_12_2021	16.63	24.23	26.28	27.47	27.51	28.01	27.95(0.43%)	UT	OpenLong	75	0.2	38	130	8	126	4.35	70%	1.16	87.5	4.23%	0	1.4	73	1.8

11	Mar_11_2021	16.44	23.79	25.77	27.35	27.4	27.6	27.83(0.22%)	UT	HoldLong	65	0.2	48	60	17	140	4.75	70%	1.23	88.6	4.26%	0.6	1.5	76	1.5
12	Mar_10_2021	16.24	23.37	25.36	26.88	27.09	27	27.77(5.31%)	UT	HoldLong	65	0.3	47	0	14	147	7.2	70%	1.18	90.4	4.28%	1.4	1.6	78	1.2
13	Mar_9_2021	16.05	22.93	25.03	26.17	26.61	27.2	26.37(-3.83%)	UD	OpenLong	75	0.1	48	210	15	147	5.81	68%	1.13	91.2	4.3%	-1.2	1.3	69	1.2
14	Mar_8_2021	15.87	22.57	24.71	25.62	25.98	27.19	27.42(0.15%)	UT	OpenLong	75	0.7	65	370	34	156	8.38	68%	1.21	94.3	4.25%	1	1.9	75	0.4
15	Mar_5_2021	15.68	22.09	24.19	24.91	25.07	26.02	27.38(7.63%)	UT	HoldLong	65	1	67	280	38	153	11.85	68%	1.16	95	4.29%	1.7	2.1	77	0.6

16	Mar_4_2021	15.5	21.59	23.54	23.97	24.35	24.78	25.44(4.86%)	UT	HoldLong	65	0.6	47	170	19	129	11.39	69%	1.11	92.1	4.24%	0.9	1.6	76	-0.4
17	Mar_3_2021	15.33	21.18	23.03	23.64	23.7	24.12	24.26(2.84%)	UT	OpenLong	75	0.3	28	130	0	113	8.17	68%	0.99	91.7	4.41%	1	1.3	70	0.3
18	Mar_2_2021	15.18	20.76	22.73	23.74	23.72	23.92	23.59(-1.13%)	UD	OpenLong	75	-0.1	42	60	9	141	5.01	70%	0.93	87.8	4.4%	0.3	1.1	71	1
19	Mar_1_2021	15.04	20.37	22.44	23.65	23.77	23.27	23.86(5.2%)	UT	OpenLong	75	0.1	41	-130	5	147	5.62	70%	1.01	79.9	4.45%	0.4	1.3	69	1
20	Feb_26_2021	14.89	19.94	22.02	23.35	23.43	23.52	22.68(-4.71%)	UD	OpenLong	75	-0.3	37	40	-0	146	8.91	62%	0.88	70.6	4.61%	-1	1	72	0.5

21	Feb_25_2021	14.76	19.63	21.68	23	23.26	24.27	23.8(-3.95%)	UD	OpenLong	75	0.3	63	340	30	161	10.9	64%	1.03	64.2	4.59%	-0.1	1.6	77	0.2
22	Feb_24_2021	14.61	19.23	21.26	22.29	22.31	23.34	24.78(7.23%)	UT	HoldLong	65	1	63	330	32	154	9.41	67%	1.11	52.5	4.61%	1.5	2.1	83	1.4
23	Feb_23_2021	14.45	18.8	20.65	21.58	21.44	22.26	23.11(3.22%)	UT	HoldLong	65	0.7	54	250	23	147	8.37	69%	0.98	44.9	4.69%	1.2	1.9	84	1.3
24	Feb_22_2021	14.31	18.48	20.26	21.08	21.05	21.28	22.39(6.92%)	UT	HoldLong	65	0.6	51	70	19	148	6.28	69%	0.99	40.5	4.99%	1.4	1.9	84	1.1
25	Feb_19_2021	14.17	18.22	19.8	20.53	20.72	20.63	20.94(3.41%)	UT	HoldLong	65	0.2	43	-0	8	146	4.73	67%		31.2	4.94%	0.9	1.5	82	1.5
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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