Trading Signals: ERX Stock Price Prediction and Forecast

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

Fri. Feb. 27, 2009

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 $224.3000 (-7.58%) ($220.0000 - $246.6000) on Fri. Feb. 27, 2009.

Trend Analysis and Forecast

Average Daily Percentage Swing   9.05% (three month average)
RSI   17
Latest Price   $224.3000(-7.58%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX declines -2.3% a day on average for past five trading days.
Weekly Trend   ERX declines -19.4% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support ERX advance at 0% a week (0% probability)
OIH(90%)    XOP(89%)    SPY(73%)    IWM(72%)    EEM(67%)
Factors Impacting ERX price   ERX will decline at least -4.525% in a week (0% probabilities).
TLT(-33%)    SHY(-11%)    TIP(-1%)    LQD(7%)    IGOV(8%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -4.525% (StdDev 9.05%)
Hourly BBV 0 ()
Intraday Trend -1.9%

Resistance Level   $304.35
5 Day Moving Average   $236.62(-5.21%)
10 Day Moving Average   $256.65(-12.6%)
20 Day Moving Average   $304.35(-26.3%)
To recent high   -54.6%
To recent low   1.7%
Market Cap   $N/A

Average daily price decay: -0.08%

$. ERX is a 3x leveraged ETF. You'll lose 0.08% a day on average for holding it.$. ERX price fluctuates within 18.6% (three month std-dev: 9.05%) daily (68% of days).

Sample size 2 Average positive next day return: 3.4%(100%) Average negative next day return: 0%(0%) Sample size 2 Average positive next three day return: 11.43%(50%) Average negative next three day return: -22.4%(50%) Sample size 2 Average positive next weekly return: 13.57%(50%) Average negative next weekly return: -1%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20090327

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	Feb_27_2009	375.26	304.35	256.65	236.62	242.3	241.54	224.3(-7.58%)	DT	HoldShort	-65	-0.2	-88	50	-65	-155	0.58	27%	-0.52	-54.1	9.05%	0	-1.4	17	NAN
2	Feb_26_2009	377.24	311.06	267.43	242.22	245.39	250.6	242.7(-1.14%)	DP	OpenShort	-65	0	-1	190	37	-113	0.33	27%	-0.47	-53.3	9.09%	0	-1.3	25	NAN
3	Feb_25_2009	379.04	318.73	276.15	247.94	245.11	243.06	245.5(-1.8%)	DT	OpenShort	-75	-0	-39	-90	-11	-124	0.47	27%	-0.47	-48.4	9.39%	0	-1.3	33	NAN
4	Feb_24_2009	380.84	325.07	286.03	252.8	252.19	240.18	250(13.33%)	DP	OpenShort	-75	-0.1	-87	-340	-69	-142	0.41	27%	-0.47	-43.9	9.41%	0	-1.4	35	NAN
5	Feb_23_2009	382.63	331.25	300.49	257.28	261.14	247.16	220.6(-12.56%)	DT	OpenShort	-75	-0.7	-149	-330	-147	-156	0.4	20%	-0.58	-43.1	9.5%	0	-2.2	31	NAN

6	Feb_20_2009	384.88	338.39	318.42	279.76	273.86	264.2	252.3(-7%)	DT	OpenShort	-75	-0.6	-121	-310	-124	-112	0.4	31%	-0.48	-36.7	10.31%	0	-2	33	NAN
7	Feb_19_2009	386.75	342.84	331.4	296.43	294.58	275.11	271.3(0.56%)	DP	OpenShort	-75	-0.7	-77	-480	-78	-72	0.33	29%	-0.42	-30.6	11.15%	0	-1.9	35	NAN
8	Feb_18_2009	388.4	347.43	340.04	308.77	306.77	283.51	269.8(-0.95%)	DT	OpenShort	-75	-1.2	-169	-550	-188	-112	0.24	29%	-0.44	-27.7	11.34%	0	-2.3	29	NAN
9	Feb_17_2009	390.12	349.8	348.47	324.23	323.83	314.04	272.4(-18.2%)	DT	OpenShort	-75	-1.7	-124	-220	-138	-82	0.42	29%	-0.44	-25.2	11.41%	0	-2.5	37	NAN
10	Feb_13_2009	391.85	354.2	355.32	349.97	344.94	330.02	333(-0.79%)	DT	OpenShort	-75	-0.7	-64	-350	-71	-41	0.2	40%	-0.22	-10.8	11.21%	0	-0.9	45	NAN

11	Feb_12_2009	392.73	354.8	356.8	363.23	362.88	333.62	335.66(0.8%)	DP	OpenShort	-75	-1.1	-131	-570	-153	-64	0.33	37%	-0.22	-13.7	11.82%	0	-0.8	50	NAN
12	Feb_11_2009	393.59	354.78	358.88	372	377.93	359.85	333(-4.06%)	DT	OpenShort	-75	-1.6	-124	-290	-148	-52	0.3	37%	-0.24	-20.3	12.09%	0	-0.9	55	NAN
13	Feb_10_2009	394.52	357.06	365.16	375.76	382.99	392.14	347.1(-13.46%)	UD	OpenLong	65	-1.2	2	220	-2	14	0.46	37%	-0.19	-34.1	12.12%	0	-0.4	51	NAN
14	Feb_9_2009	395.27	357.65	367.48	375.48	377.29	396.01	401.1(0.45%)	UT	OpenLong	75	1	125	360	140	80	0.25	39%	0.03	-53.8	12.01%	0	1.8	69	NAN
15	Feb_6_2009	395.17	356.92	363.83	361.18	360.87	373.84	399.3(5.22%)	UT	OpenLong	75	1.6	91	250	103	56	0.29	42%	0.02	-79	12.13%	0	1.7	58	NAN

16	Feb_5_2009	395.11	358.21	358.79	350.1	346.85	358.57	379.5(7.87%)	UT	OpenLong	75	1	44	210	49	28	0.32	42%	-0.06	-70.2	12.21%	0	0.7	58	NAN
17	Feb_4_2009	395.36	359.88	353.88	344.92	345.73	347.9	351.8(1.76%)	UT	OpenLong	75	0.2	37	50	42	21	0.28	42%	-0.18	-63.1	12.28%	0	-0.3	56	NAN
18	Feb_3_2009	396.09	365.71	354.31	353.86	348.09	335.14	345.7(4.88%)	DP	OpenShort	-75	-0.2	-53	-310	-65	-18	0.2	42%	-0.21	-31.6	12.38%	0	-0.5	48	NAN
19	Feb_2_2009	396.94	371.46	350.67	358.42	360.05	343.56	329.6(-4.16%)	DT	OpenShort	-75	-0.6	-81	-310	-97	-34	0.23	42%	-0.29	-13.7	12.47%	0	-0.9	49	NAN
20	Jan_30_2009	398.1	377.21	353.12	366.28	369.62	361.04	343.9(-2.74%)	DT	OpenShort	-75	-0.5	-56	-140	-68	-21	0.25	42%	-0.24	2.8	12.57%	0	-0.7	45	NAN

21	Jan_29_2009	399.05	379.66	353.06	367.92	372	376.54	353.6(-10.82%)	UD	OpenLong	75	-0.3	11	120	14	1	0.21	42%	-0.21	10.4	12.67%	0	-0.5	42	NAN
22	Jan_28_2009	399.87	381.07	350.95	363.2	364.03	378.2	396.5(7.6%)	UT	OpenLong	75	0.7	63	280	80	13	0.25	42%	-0.02	12.8	12.7%	0	0.3	48	NAN
23	Jan_27_2009	399.93	379.11	348.32	355.1	349.75	367.45	368.5(-0.11%)	UD	OpenLong	75	0.3	72	310	95	2	0.21	42%	-0.14	8.5	12.78%	0	-0.2	39	NAN
24	Jan_26_2009	400.51	377.9	346.93	342.04	341.22	349.85	368.9(4.77%)	N/A	N/A	0	0.6	68	170	96	-17	0.33	42%	-0.15	-0.4	12.9%	0	-0.2	40	NAN
25	Jan_23_2009	401.11	375.91	348.87	338.6	330.11	332.05	352.1(6.7%)	DP	OpenShort	-75	0.3	-26	-30	-12	-67	0.34	42%		-11.9	13%	0	-0.5	41	NAN
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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