Trading Signals: ERX Stock Price Prediction and Forecast

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

Tue. Dec. 8, 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 $360.2000 (-4.68%) ($355.6000 - $371.2000) on Tue. Dec. 8, 2009.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.45% (three month average)
RSI   23
Latest Price   $360.2000(-4.68%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX declines -2.4% a day on average for past five trading days.
Weekly Trend   ERX declines -6.6% 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(89%)    XOP(88%)    IWM(71%)    SPY(71%)    EEM(65%)
Factors Impacting ERX price   ERX will decline at least -2.225% in a week (0% probabilities).
TLT(-34%)    SHY(-9%)    TIP(-1%)    IGOV(5%)    LQD(6%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.225% (StdDev 4.45%)
Hourly BBV 0 ()
Intraday Trend -2.9%

Resistance Level   $419.58
5 Day Moving Average   $380.42(-5.32%)
10 Day Moving Average   $391.12(-7.91%)
20 Day Moving Average   $419.58(-14.15%)
To recent high   -31.5%
To recent low   0.9%
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 9.27% (three month std-dev: 4.45%) daily (68% of days).

Sample size 4 Average positive next day return: 1.11%(75%) Average negative next day return: -12.9%(25%) Sample size 4 Average positive next three day return: 6.05%(25%) Average negative next three day return: -3.48%(75%) Sample size 4 Average positive next weekly return: 7.96%(50%) Average negative next weekly return: -5.44%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20100108

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_8_2009	395.76	419.58	391.12	380.42	381.29	371.24	360.2(-4.68%)	DT	HoldShort	-65	-0.5	-205	-180	-215	-176	0.3	48%	0.14	-44.6	4.45%	0	-1.5	23	NAN
2	Dec_7_2009	395.22	425.3	395.67	389.84	390.93	383.58	377.9(-0.32%)	DT	OpenShort	-75	-0.3	-141	-120	-138	-150	0.24	49%	0.22	-34.3	4.51%	0	-1.3	25	NAN
3	Dec_4_2009	394.37	428.94	397.02	392.66	398.2	391.34	379.1(-1.53%)	DT	OpenShort	-75	-0.4	-97	-80	-82	-140	0.46	51%	0.23	-30.7	4.55%	0	-1.4	36	NAN
4	Dec_3_2009	393.46	432.91	403.12	395.06	398.59	398.29	385(-3.73%)	DT	OpenShort	-75	-0.3	-88	20	-73	-133	0.39	51%	0.27	-32.2	4.58%	0	-1.4	39	NAN
5	Dec_2_2009	392.39	435.68	411.44	401.88	397.31	405.06	399.9(-1.82%)	N/A	N/A	0	-0.1	17	100	48	-76	0.36	51%	0.38	-28.4	4.55%	0	-1.1	36	NAN

6	Dec_1_2009	390.91	437.67	418.93	403.6	399.98	398.89	407.3(3.9%)	RB	SmallLong	20	0.1	72	-50	111	-47	0.33	49%	0.42	-33.4	4.55%	0	-1	37	NAN
7	Nov_30_2009	389.26	438.65	425.99	402.72	398.78	389.56	392(0.23%)	DP	OpenShort	-75	-0.3	-153	-190	-153	-151	0.32	48%	0.42	-41.1	4.61%	0	-1.5	34	NAN
8	Nov_27_2009	387.65	440.34	432.17	402	403.18	401.06	391.1(-6.68%)	DT	OpenShort	-75	-0.4	-97	-30	-87	-125	0.24	48%	0.8	-54.5	4.61%	0	-1.7	42	NAN
9	Nov_25_2009	384.58	444.29	437.92	412.26	403.36	408	419.1(2.59%)	DP	OpenShort	-75	0.3	-58	20	-44	-98	0.26	50%	0.48	-57.8	4.5%	0	-0.9	44	NAN
10	Nov_24_2009	382.73	445.12	443.35	423	412.8	405.3	408.5(1.39%)	DP	OpenShort	-75	-0.5	-71	-200	-67	-82	0.22	50%	0.41	-60.5	4.52%	0	-1.4	48	NAN

11	Nov_23_2009	381.18	448.43	450.22	437.28	431.64	398.71	402.9(3.73%)	DP	OpenShort	-75	-1.3	-319	-570	-368	-170	0.33	50%	0.06	-56.5	4.54%	0	-1.8	47	NAN
12	Nov_20_2009	380.96	451.69	457.6	453.2	448.99	420.3	388.4(-12.21%)	DT	OpenShort	-75	-2.6	-532	-480	-630	-236	0.31	52%	0.33	-52.6	4.63%	0	-2.5	47	NAN
13	Nov_19_2009	379.69	456.94	464.43	465.88	470.61	464.56	442.4(-6.43%)	DT	OpenShort	-75	-1	-111	-60	-145	-10	0.33	57%	0.4	-44.9	4.36%	0	-0.6	61	NAN
14	Nov_18_2009	378.19	460.43	466.05	466.3	469.72	477.69	472.8(-1.48%)	UD	OpenLong	75	0.2	53	140	48	66	0.3	60%	0.48	-40.1	4.31%	0	0.5	52	NAN
15	Nov_17_2009	376.37	462.12	462.44	466.62	464.46	476.65	479.9(-0.54%)	UD	OpenLong	75	0.5	157	170	170	117	0.17	56%	0.49	-31.9	4.31%	0	0.6	62	NAN

16	Nov_16_2009	374.53	463.54	458.02	465.82	464.93	461.75	482.5(6.8%)	UT	OpenLong	75	0.5	104	-50	111	81	0.26	56%	0.53	-22.3	4.5%	0	0.6	52	NAN
17	Nov_13_2009	372.56	465.28	451.96	463.9	464.33	452.26	451.8(1.64%)	DP	OpenShort	-75	-0.4	-184	-180	-223	-66	0.23	54%	0.43	-14.6	4.46%	0	-0.4	49	NAN
18	Nov_12_2009	370.98	468.03	448.91	462.96	471.23	468.11	444.5(-6.3%)	DT	OpenShort	-75	-0.6	-66	10	-78	-29	0.33	54%	0.46	-6.3	4.47%	0	-0.7	43	NAN
19	Nov_11_2009	369.29	471.26	451.01	465.06	468.75	476.39	474.4(-0.32%)	UD	OpenLong	75	0.3	72	140	87	27	0.23	57%	0.55	4.9	4.4%	0	0.1	42	NAN
20	Nov_10_2009	367.28	471.44	446.6	457.08	460.51	474.35	475.9(0.63%)	UT	OpenLong	75	0.6	165	230	207	40	0.2	57%	0.57	7.4	4.43%	0	0.1	43	NAN

21	Nov_9_2009	365.21	470.65	445.71	448.94	453.22	461.11	472.9(5.77%)	UT	OpenLong	75	0.7	210	150	267	39	0.19	57%	0.43	8	4.43%	0	0.1	42	NAN
22	Nov_6_2009	363.64	470.08	444.35	438.64	439.42	446.66	447.1(-1.74%)	N/A	N/A	0	0.3	28	120	62	-76	0.19	55%	0.34	10.1	4.39%	0	-0.7	35	NAN
23	Nov_5_2009	362.42	470.16	448.17	432.84	433.41	445.33	455(4.72%)	RB	SmallLong	20	0.7	107	200	160	-51	0.24	55%	0.35	16.8	4.39%	0	-0.4	40	NAN
24	Nov_4_2009	361.14	469.66	453.61	435.24	431.54	432.18	434.5(-0.16%)	N/A	N/A	0	-0	61	-20	104	-70	0.39	54%	0.25	28	4.38%	0	-1	36	NAN
25	Nov_3_2009	360.23	468.99	461.21	434.6	434.21	421.49	435.2(3.27%)	DP	OpenShort	-75	0	-167	-210	-166	-171	0.35	56%		29.1	4.38%	0	-0.9	44	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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