Trading Signals: ERX Stock Price Prediction and Forecast

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

Tue. Aug. 25, 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 $355.0000 (-4.11%) ($351.4000 - $379.7000) on Tue. Aug. 25, 2009.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.25% (three month average)
RSI   53
Latest Price   $355.0000(-4.11%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 3% a day on average for past five trading days.
Weekly Trend   ERX advances 2.4% 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(88%)    IWM(71%)    SPY(71%)    EEM(65%)
Factors Impacting ERX price   ERX will decline at least -2.625% in a week (0% probabilities).
TLT(-33%)    SHY(-10%)    TIP(-0%)    LQD(6%)    IGOV(6%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.625% (StdDev 5.25%)
Hourly BBV 0 ()
Intraday Trend -5.3%

5 Day Moving Average   $346.46(2.46%)
10 Day Moving Average   $334.39(6.16%)
20 Day Moving Average   $334.08(6.26%)
To recent high   -13%
To recent low   52.6%
Market Cap   $N/A

Average daily price decay: -0.03%

$. ERX is a 3x leveraged ETF. You'll lose 0.03% a day on average for holding it.$. ERX price fluctuates within 5.18% (three month std-dev: 5.25%) 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

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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	Aug_25_2009	310.93	334.08	334.39	346.46	352.38	367.1	355(-4.11%)	UD	OpenLong	75	0.5	151	340	169	95	0.39	47%	0.29	18.7	5.25%	0	1.2	53	NAN
2	Aug_24_2009	310.04	332.94	331.05	336.3	338.46	358.94	370.2(3.9%)	UT	OpenLong	75	2	268	440	315	125	0.36	47%	0.29	7	5.26%	0	2.2	53	NAN
3	Aug_21_2009	309.13	331.67	327.13	321.66	321.79	337.66	356.3(8.17%)	UT	OpenLong	75	2.3	216	350	264	71	0.31	44%	0.29	-5.8	5.24%	0	1.6	49	NAN
4	Aug_20_2009	308.23	330.98	324.46	316.2	309.64	317.99	329.4(2.49%)	N/A	N/A	0	0.9	77	130	103	-3	0.21	41%	0.29	-0.5	5.26%	0	-0.1	52	NAN
5	Aug_19_2009	307.34	331.3	324.73	318.78	311.21	305.91	321.4(5.65%)	DP	OpenShort	-75	0.2	-10	-190	0	-38	0.35	41%	0.31	18.5	5.26%	0	-0.7	52	NAN

6	Aug_18_2009	306.39	330.86	326.64	320.88	318.47	301.29	304.2(2.42%)	DP	OpenShort	-75	-1.1	-166	-400	-188	-101	0.25	43%	0.23	31.4	5.21%	0	-1.7	51	NAN
7	Aug_17_2009	305.69	331.74	331.46	324.66	325.06	316.5	297(-9.73%)	DT	OpenShort	-75	-1.8	-196	-180	-226	-104	0.26	43%	0.12	59.1	5.35%	0	-2.3	41	NAN
8	Aug_14_2009	305.32	332.58	337.43	332.54	331.9	335.66	329(-3.89%)	UD	OpenLong	75	-0.2	14	70	16	9	0.29	46%	0.15	93.4	5.27%	0	-0.2	44	NAN
9	Aug_13_2009	304.85	331.03	337.62	333.5	332.34	333.62	342.3(3.13%)	UT	OpenLong	75	0.5	46	20	54	20	0.35	43%	0.23	100.4	5.24%	0	0.6	48	NAN
10	Aug_12_2009	304.16	328.5	335.83	331.74	332.4	328.14	331.9(2.72%)	DP	OpenShort	-75	0	-40	-80	-44	-26	0.28	43%	0.2	98.9	5.35%	0	0.2	50	NAN

11	Aug_11_2009	303.55	326.11	334.21	333.7	334.99	331.06	323.1(-3.95%)	DT	OpenShort	-75	-0.4	-72	-70	-84	-37	0.31	40%	0.11	91.8	5.35%	0	-0.1	58	NAN
12	Aug_10_2009	303.21	323.01	335.52	339.5	339.5	336.66	336.4(0.78%)	DP	OpenShort	-75	-0.1	-37	-60	-47	-7	0.19	40%	0.34	87.3	5.44%	0	0.4	58	NAN
13	Aug_7_2009	302.17	318.68	336.8	343.14	343.59	338.91	333.8(0.09%)	N/A	N/A	0	-0.3	-32	-90	-47	13	0.32	45%	0.23	78.6	5.66%	0	0.4	61	NAN
14	Aug_6_2009	301.47	313.97	338.06	342.18	347.03	342.33	333.5(-2.4%)	N/A	N/A	0	-0.2	-14	-50	-30	35	0.38	49%	0.28	68.5	5.67%	0	0.5	65	NAN
15	Aug_5_2009	300.64	309.5	338.37	340.18	343.3	348.26	341.7(-2.95%)	UD	OpenLong	75	0	19	130	6	59	0.36	49%	0.33	56.1	5.81%	0	0.8	69	NAN

16	Aug_4_2009	299.65	304.26	335.37	334.44	337.59	351.73	352.1(-0.71%)	UD	OpenLong	75	0.4	155	320	166	123	0.5	52%	0.44	43.2	5.83%	0	1.1	74	NAN
17	Aug_3_2009	298.34	298.43	331.85	331	328.32	338.34	354.6(7.78%)	UT	HoldLong	65	0.6	146	190	151	131	0.53	52%	0.47	34.3	5.95%	0	1.3	80	NAN
18	Jul_31_2009	296.94	293.25	327.05	330.26	323.42	323.45	329(1.7%)	UT	HoldLong	65	-0	30	-60	8	97	0.37	52%	0.37	31.1	5.92%	0	0.9	79	NAN
19	Jul_30_2009	295.86	289.85	323.82	333.87	329.72	318.3	323.5(3.35%)	N/A	N/A	0	-0.3	-24	-280	-64	98	0.51	52%	0.41	30.7	6.02%	0	0.8	80	NAN
20	Jul_29_2009	294.65	288.14	320.67	336.35	333.65	323.39	313(-6.54%)	CR	SmallShort	-20	-0.6	-96	-240	-157	89	0.48	52%	0.36	35.6	6.04%	0	0.6	76	NAN

21	Jul_28_2009	293.59	286.93	317.81	335.59	335.76	341.14	334.9(-4.56%)	UD	OpenLong	75	-0	54	110	12	178	0.54	54%	0.53	38	6.04%	0	1.2	84	NAN
22	Jul_27_2009	292.05	284.73	310.04	332.05	329.41	343.92	350.9(1.12%)	UT	HoldLong	65	0.5	187	280	166	249	0.38	54%	0.6	40.7	6.01%	0	1.8	89	NAN
23	Jul_24_2009	290.3	281.16	299.41	323.27	320.63	330.38	347.03(3.31%)	UT	HoldLong	65	0.7	197	190	182	240	0.54	54%	0.61	32.9	6.05%	0	1.9	76	NAN
24	Jul_23_2009	288.54	278.07	288.02	312.6	311.97	314.91	335.9(8.64%)	UT	OpenLong	75	0.8	105	60	83	171	0.6	54%	0.47	21.7	6.1%	0	1.9	69	NAN
25	Jul_22_2009	287.19	274.83	278.18	303.14	303.89	310.89	309.2(-2.52%)	UD	OpenLong	75	0.2	72	170	54	124	0.4	52%		5.8	6.04%	0	1.3	52	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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