Trading Signals: ERX Stock Price Prediction and Forecast

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

Fri. Jun. 4, 2010

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 $270.1000 (-10.41%) ($263.3000 - $299.7000) on Fri. Jun. 4, 2010.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.2% (three month average)
RSI   36
Latest Price   $270.1000(-10.41%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX declines -2.9% a day on average for past five trading days.
Weekly Trend   ERX declines -7.2% 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(70%)    SPY(70%)    EEM(64%)
Factors Impacting ERX price   ERX will decline at least -2.6% in a week (0% probabilities).
TLT(-33%)    SHY(-8%)    TIP(-0%)    IGOV(5%)    LQD(6%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.6% (StdDev 5.2%)
Hourly BBV 0 ()
Intraday Trend -5.2%

Resistance Level   $316.25
5 Day Moving Average   $283.02(-4.57%)
10 Day Moving Average   $285.94(-5.54%)
20 Day Moving Average   $316.25(-14.59%)
To recent high   -44.1%
To recent low   4.7%
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 12.7% (three month std-dev: 5.2%) daily (68% of days).

Sample size 1 Average positive next day return: 0%(0%) Average negative next day return: -1.87%(100%) Sample size 1 Average positive next three day return: 0%(0%) Average negative next three day return: -2.24%(100%) Sample size 1 Average positive next weekly return: 0%(0%) Average negative next weekly return: -6.51%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20100704

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	Jun_4_2010	382.2	316.25	285.94	283.02	281.14	287.46	270.1(-10.41%)	DT	OpenShort	-75	-0.3	-48	140	-32	-96	0.71	42%	-0.48	-71.5	5.2%	0	-1.1	36	0
2	Jun_3_2010	384.06	320.59	287.56	291.38	286.92	286.21	301.5(3.79%)	RB	SmallLong	20	0.3	65	-60	106	-58	0.5	45%	-0.39	-78.5	5.04%	0	-0.5	37	0
3	Jun_2_2010	385.56	325.12	289.45	286.5	289.26	274.83	290.5(12.64%)	DP	OpenShort	-75	0.1	-148	-320	-136	-185	0.61	45%	-0.4	-81.4	5.02%	0	-0.8	33	0
4	Jun_1_2010	387.12	331.2	293.58	284.52	291.09	287.63	257.9(-12.61%)	DT	OpenShort	-75	-0.6	-181	-10	-168	-220	0.62	40%	-0.73	-78.9	4.76%	0	-1.6	28	0
5	May_28_2010	389.97	340.79	302.36	288.6	289.98	303.69	295.1(-5.39%)	N/A	N/A	0	0.1	65	350	124	-113	0.51	44%	-0.42	-70	4.52%	0	-0.9	31	0

6	May_27_2010	391.6	347.82	308.05	289.1	286.41	294.56	311.9(12.56%)	RB	SmallLong	20	0.4	170	170	246	-59	0.6	45%	-0.38	-69.2	4.51%	0	-0.6	47	0
7	May_26_2010	393.09	354.7	314.07	283.56	281.12	276.28	277.1(-1.25%)	DT	OpenShort	-75	-0.1	-92	-150	-58	-194	0.57	40%	-0.43	-68.5	4.25%	0	-1.3	35	0
8	May_25_2010	394.77	363.51	324.84	293.32	283.88	278.25	280.6(0.83%)	DP	OpenShort	-75	-0.2	-219	-240	-212	-238	0.64	40%	-0.39	-66.6	4.25%	0	-1.4	30	0
9	May_24_2010	396.32	371.57	334.2	304.5	298.66	285.96	278.3(-6.49%)	DT	OpenShort	-75	-0.5	-180	-360	-169	-212	0.52	40%	-0.31	-63.1	4.25%	0	-1.6	27	0
10	May_21_2010	397.54	381.65	344.69	318.12	313.84	289.5	297.6(4.71%)	DP	OpenShort	-75	-0.4	-370	-580	-393	-299	0.7	39%	-0.26	-55.9	4.18%	0	-1.5	26	0

11	May_20_2010	398.56	390.94	349.43	329.84	329.83	311.35	284.2(-12.8%)	DT	OpenShort	-75	-0.8	-434	-390	-466	-339	0.84	37%	-0.32	-50.2	4.16%	0	-1.9	25	0
12	May_19_2010	399.84	399.7	357.27	348.86	346.03	338.19	325.9(-3.15%)	DT	OpenShort	-75	-0.5	-255	-180	-254	-259	0.58	41%	-0.22	-46.4	3.89%	0	-1.5	28	0
13	May_18_2010	400.71	406.13	364.43	361.1	359.9	348.3	336.5(-2.86%)	DT	OpenShort	-75	-0.5	-164	-240	-148	-212	0.56	41%	-0.21	-42.5	3.87%	0	-1.5	29	0
14	May_17_2010	401.55	412.16	372.34	368.42	368.34	353.86	346.4(-2.75%)	DT	OpenShort	-75	-0.5	-284	-280	-291	-263	0.48	41%	-0.14	-40	3.86%	0	-1.5	35	0
15	May_14_2010	402.12	416.67	382.56	375.24	375.11	371.5	356.2(-6.09%)	DT	OpenShort	-75	-0.5	-181	-70	-172	-208	0.46	45%	-0.15	-39.9	3.91%	0	-1.4	31	0

16	May_13_2010	402.72	420.69	390.74	371.64	379.3	382.83	379.3(-2.01%)	N/A	N/A	0	0.2	70	130	129	-109	0.29	47%	-0.08	-45.4	3.86%	0	-1	33	0
17	May_12_2010	403.03	424.3	397.94	366.78	370.47	378.71	387.1(3.75%)	N/A	N/A	0	0.5	25	190	79	-136	0.29	47%	-0.03	-47.6	3.88%	0	-1	41	0
18	May_11_2010	403.17	427.45	404.25	368.88	364.8	375.78	373.1(-1.94%)	N/A	N/A	0	0.1	56	180	114	-119	0.33	49%	-0.06	-44.8	3.86%	0	-1.4	39	0
19	May_10_2010	403.41	430.92	410.95	377.72	371.16	362.22	380.5(12.51%)	DP	OpenShort	-75	0.1	-42	-220	-4	-154	0.4	49%	-0.01	-40.8	3.9%	0	-1.4	39	0
20	May_7_2010	403.44	434.21	420.62	392.3	383.2	353.83	338.2(-4.73%)	DT	OpenShort	-75	-1.6	-545	-610	-605	-365	0.52	46%	-0.11	-30.7	3.59%	0	-2.8	35	0

21	May_6_2010	403.88	439.75	435.59	412.7	408.53	380.1	355(-10.71%)	DT	OpenShort	-75	-2.2	-583	-520	-666	-333	0.52	48%	-0.09	-14.1	3.57%	0	-3.2	38	0
22	May_5_2010	404.23	443.79	446.21	432.92	430.57	412.58	397.6(-4.72%)	DT	OpenShort	-75	-1.8	-445	-310	-516	-233	0.47	54%	0.03	18	3.31%	0	-2.4	41	0
23	May_4_2010	404.09	445.25	452.09	444.2	445.22	436.95	417.3(-7.96%)	DT	OpenShort	-75	-1.6	-206	-120	-242	-98	0.34	50%	0.09	49.7	3.25%	0	-1.7	45	0
24	May_3_2010	403.73	446.12	456.11	448.6	451.38	448.56	453.4(3%)	DP	OpenShort	-75	0.3	-80	-30	-98	-25	0.25	55%	0.2	74.4	3.43%	0	0.5	57	0
25	Apr_30_2010	402.91	444.92	454.11	453.88	453.57	453.49	440.2(-3.49%)	DT	OpenShort	-75	-0.8	-74	-0	-93	-15	0.39	60%		102.7	3.6%	0	-0.3	52	0
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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