Trading Signals: ERX Stock Price Prediction and Forecast

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

Wed. Jun. 30, 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 $236.3000 (-2.88%) ($235.9000 - $251.7000) on Wed. Jun. 30, 2010.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.75% (three month average)
RSI   27
Latest Price   $236.3000(-2.88%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX declines -4.4% a day on average for past five trading days.
Weekly Trend   ERX declines -9.5% 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 -2.875% in a week (0% probabilities).
TLT(-33%)    SHY(-8%)    TIP(0%)    IGOV(4%)    LQD(6%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.875% (StdDev 5.75%)
Hourly BBV 0 ()
Intraday Trend -2.8%

Resistance Level   $293.31
5 Day Moving Average   $261.07(-9.49%)
10 Day Moving Average   $288.92(-18.21%)
20 Day Moving Average   $293.31(-19.44%)
To recent high   -51.1%
To recent low   0%
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 9.99% (three month std-dev: 5.75%) daily (68% of days).

Sample size 1 Average positive next day return: 0%(0%) Average negative next day return: -7.61%(100%) Sample size 1 Average positive next three day return: 0%(0%) Average negative next three day return: -2.26%(100%) Sample size 1 Average positive next weekly return: 0%(0%) Average negative next weekly return: -1.78%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20100730

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_30_2010	367	293.31	288.92	261.07	261.31	245.33	236.3(-2.88%)	DT	OpenShort	-75	-0.8	-211	-430	-219	-186	0.36	44%	-0.3	-25.5	5.75%	0	-1.9	27	NAN
2	Jun_29_2010	368.11	296.37	298.67	273.21	272.5	262.01	243.3(-9.15%)	DT	OpenShort	-75	-1.1	-198	-280	-215	-147	0.79	45%	-0.23	-14.1	5.75%	0	-1.9	49	NAN
3	Jun_28_2010	368.96	297.61	307.82	285.78	285.23	277.29	267.8(-4.15%)	DT	OpenShort	-75	-0.7	-110	-200	-123	-72	0.41	47%	-0.18	-5.3	5.69%	0	-1.2	53	NAN
4	Jun_25_2010	369.63	299.16	312.3	299.18	296.1	282.98	279.4(0.31%)	DP	OpenShort	-75	-0.8	-154	-340	-186	-58	0.64	46%	-0.16	9.2	5.67%	0	-0.8	62	NAN
5	Jun_24_2010	370.21	300.82	315.83	310.66	311.74	293.17	278.55(-6.21%)	DT	OpenShort	-75	-1.3	-168	-410	-213	-33	0.43	46%	-0.28	28	5.69%	0	-0.9	58	NAN

6	Jun_23_2010	371.24	301	319.15	321.03	323.15	309.22	297(-2.98%)	DT	OpenShort	-75	-1	-180	-280	-234	-16	0.34	47%	-0.26	31.3	5.65%	0	-0.2	51	NAN
7	Jun_22_2010	372.19	300.3	317.04	327.85	330.63	330.31	306.13(-8.56%)	CR	SmallShort	-20	-0.9	-45	20	-78	56	0.49	47%	-0.19	28.6	5.64%	0	0.2	57	NAN
8	Jun_21_2010	372.88	298.97	314.56	332.8	333.05	337.09	334.8(-0.59%)	UD	OpenLong	75	0.1	101	90	87	144	0.36	49%	-0.02	21.6	5.54%	0	1.4	72	NAN
9	Jun_18_2010	372.94	296.9	307.49	327.32	328.33	330.95	336.8(1.94%)	UT	OpenLong	75	0.4	61	70	45	107	0.26	48%	-0.06	5.3	5.55%	0	1.7	59	NAN
10	Jun_17_2010	373.17	294.1	300.81	322.02	324.36	329.01	330.4(-0.21%)	UD	OpenLong	75	0.4	77	120	71	94	0.34	48%	-0.11	-20	5.57%	0	1.6	54	NAN

11	Jun_16_2010	373.58	293.49	297.52	317.18	317.7	325.7	331.1(0.06%)	UT	OpenLong	75	0.6	111	180	111	109	0.44	48%	-0.13	-38.6	5.59%	0	1.7	61	NAN
12	Jun_15_2010	374.05	293.31	293.09	304.6	309.79	319.7	330.9(7.64%)	UT	OpenLong	75	1.2	148	280	162	107	0.52	48%	-0.14	-59.6	5.6%	0	1.7	60	NAN
13	Jun_14_2010	374.58	293.59	285.67	293.64	298.64	309.7	307.4(-0.93%)	UD	OpenLong	75	0.6	143	310	164	79	0.5	46%	-0.18	-73.9	5.52%	0	0.6	58	NAN
14	Jun_11_2010	375.26	295.62	284.07	284.5	286.98	299.88	310.3(1.34%)	UT	OpenLong	75	0.9	141	340	168	60	0.29	46%	-0.25	-70.8	5.52%	0	0.5	53	NAN
15	Jun_10_2010	376.19	298.56	283.63	276.46	278.56	287.58	306.2(14.17%)	UT	OpenLong	75	0.9	121	250	147	44	0.65	46%	-0.33	-62.9	5.52%	0	0.2	56	NAN

16	Jun_9_2010	377.45	302.11	280.52	275.52	274.28	274.09	268.2(-2.86%)	N/A	N/A	0	-0.2	2	-20	13	-30	0.57	42%	-0.49	-56.7	5.22%	0	-0.9	42	NAN
17	Jun_8_2010	379.31	307.21	281.91	279.98	278.5	269.54	276.1(5.5%)	DP	OpenShort	-75	-0.1	-57	-240	-53	-67	0.53	42%	-0.28	-56.2	5.21%	0	-0.8	41	NAN
18	Jun_7_2010	380.37	312.24	282.25	276.34	280.34	274.48	261.7(-3.11%)	DT	OpenShort	-75	-0.4	-138	-100	-140	-133	0.35	40%	-0.48	-62.7	5.15%	0	-1.2	37	NAN
19	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	NAN
20	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	NAN

21	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	NAN
22	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	NAN
23	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	NAN
24	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	NAN
25	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%		-68.5	4.25%	0	-1.3	35	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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