Trading Signals: ERX Stock Price Prediction and Forecast

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

Thu. Aug. 12, 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 $288.7500 (-1.75%) ($279.6000 - $295.0000) on Thu. Aug. 12, 2010.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.59% (three month average)
RSI   52
Latest Price   $288.7500(-1.75%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX declines -2.9% a day on average for past five trading days.
Weekly Trend   ERX advances 1.7% 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(70%)    SPY(70%)    EEM(64%)
Factors Impacting ERX price   ERX will decline at least -2.795% in a week (0% probabilities).
TLT(-32%)    SHY(-7%)    TIP(0%)    IGOV(4%)    LQD(6%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.795% (StdDev 5.59%)
Hourly BBV 0 ()
Intraday Trend 3.3%

Resistance Level   $303.5
5 Day Moving Average   $311.48(-7.3%)
10 Day Moving Average   $317.29(-8.99%)
20 Day Moving Average   $303.5(-4.86%)
To recent high   -25.4%
To recent low   24.2%
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 7.04% (three month std-dev: 5.59%) 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

> 20100912

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_12_2010	338.49	303.5	317.29	311.48	308	291.84	288.75(-1.75%)	DT	OpenShort	-75	-1.1	-173	-400	-209	-66	0.27	49%	-0.28	34.9	5.59%	0	-0.7	52	0
2	Aug_11_2010	339.44	303.46	318.69	320.79	317.25	308.48	293.9(-8.4%)	DT	OpenShort	-75	-1.2	-154	-230	-192	-39	0.4	49%	-0.28	50.4	5.61%	0	-0.4	56	0
3	Aug_10_2010	340.38	303.11	319.59	328.79	325.45	324.16	320.85(-2.45%)	N/A	N/A	0	-0.4	-15	-60	-36	50	0.28	55%	-0.2	66	5.52%	0	0.8	77	0
4	Aug_9_2010	341.05	301.31	317.59	330.12	328.61	326.03	328.9(1.2%)	UD	OpenLong	65	-0.1	17	-70	-1	71	0.17	55%	-0.18	78.4	5.73%	0	1.3	71	0
5	Aug_6_2010	341.66	298.6	315.1	329.67	327.68	326.75	325(-3.07%)	N/A	N/A	0	-0.2	-3	-40	-28	73	0.4	51%	-0.22	91.3	5.76%	0	1.2	75	0

6	Aug_5_2010	342.43	296.2	312.13	323.87	326.75	331.2	335.3(0.42%)	UT	HoldLong	65	0.5	88	120	78	116	0.22	49%	-0.25	96.4	5.9%	0	1.9	82	0
7	Aug_4_2010	343.29	292.99	307.7	316.27	317.37	328.61	333.9(1.95%)	UT	OpenLong	75	0.9	104	260	100	114	0.34	48%	-0.21	101	5.93%	0	2.1	66	0
8	Aug_3_2010	344.02	289.4	301.65	309.05	309.72	322.31	327.5(0.26%)	UT	OpenLong	75	0.9	163	290	175	127	0.2	48%	-0.2	94.2	6%	0	1.9	65	0
9	Aug_2_2010	344.72	285.03	297.29	303.39	302.91	306.12	326.65(10.35%)	UT	OpenLong	75	1.3	97	70	100	88	0.37	48%	-0.24	87.3	6.01%	0	2.3	64	0
10	Jul_30_2010	345.55	280.34	291.41	298.9	298.76	297.14	296(-0.44%)	N/A	N/A	0	-0.2	-15	-40	-29	27	0.27	45%	-0.33	66.1	5.91%	0	0.8	60	0

11	Jul_29_2010	346.69	277.4	288.22	298.62	300.35	299.7	297.3(-0.17%)	UD	OpenLong	75	-0.1	16	0	9	37	0.39	45%	-0.32	49.6	5.92%	0	1	59	0
12	Jul_28_2010	347.82	274.44	286.84	297.58	297.59	300.38	297.8(-0.47%)	UD	OpenLong	75	0	19	70	12	41	0.31	45%	-0.3	32.9	5.92%	0	1.1	61	0
13	Jul_27_2010	348.86	271.73	285.35	292.68	295.21	301	299.2(-1.64%)	UD	OpenLong	75	0.3	79	160	83	67	0.37	43%	-0.29	13.3	5.94%	0	1.2	66	0
14	Jul_26_2010	349.87	270	283.78	289.96	289.65	294.8	304.2(3.26%)	UT	OpenLong	75	0.7	85	120	87	79	0.35	43%	-0.28	-4	6.02%	0	1.6	75	0
15	Jul_23_2010	350.85	268.5	280.74	282.86	282.76	289.43	294.6(0.86%)	UT	OpenLong	75	0.6	77	160	77	76	0.46	45%	-0.24	-27.2	6%	0	1.3	75	0

16	Jul_22_2010	351.71	267.49	278.95	276.32	277.06	284.5	292.1(6.88%)	UT	OpenLong	75	0.8	93	200	95	85	0.5	45%	-0.27	-49.6	6.07%	0	1.3	74	0
17	Jul_21_2010	352.65	267.43	276.98	274.77	272.23	276.09	273.3(-4.31%)	UD	OpenLong	75	-0.1	57	70	50	79	0.45	43%	-0.31	-58.7	6%	0	0.3	69	0
18	Jul_20_2010	353.76	268.83	276.23	276.93	272.61	269.61	285.6(6.29%)	UT	HoldLong	50	0.4	16	-120	-3	72	0.49	45%	-0.25	-56.6	5.98%	0	0.8	69	0
19	Jul_19_2010	354.64	270.85	271.86	276.87	275.31	268.36	268.7(2.6%)	N/A	N/A	0	-0.3	-57	-190	-86	32	0.32	43%	-0.27	-43.1	5.96%	0	-0.1	51	0
20	Jul_16_2010	355.59	273.92	268.66	278.23	279.92	275.61	261.9(-7.9%)	N/A	N/A	0	-0.6	-43	-90	-66	28	0.48	42%	-0.28	-33	5.95%	0	-0.4	44	0

21	Jul_15_2010	356.59	277.13	266.3	281.49	281.24	282.26	284.36(0.09%)	UT	HoldLong	50	0.1	7	20	-6	45	0.4	44%	-0.22	-25	5.9%	0	0.2	51	0
22	Jul_14_2010	357.36	279.15	261.55	279.3	279.63	284.24	284.1(-0.42%)	UD	OpenLong	75	0.1	51	120	54	43	0.34	44%	-0.2	-17.5	5.9%	0	0.1	43	0
23	Jul_13_2010	358.07	281.21	257.35	275.3	276.63	280.23	285.3(3.56%)	UT	OpenLong	75	0.3	80	110	97	29	0.4	44%	-0.25	-13.1	5.91%	0	0.1	41	0
24	Jul_12_2010	358.95	282.17	255.13	266.12	268.53	275.03	275.5(-0.97%)	N/A	N/A	0	0.3	47	200	70	-24	0.28	44%	-0.31	-14.5	5.89%	0	-0.2	30	0
25	Jul_9_2010	360.08	283.82	255.02	257.52	260.26	273.03	278.2(1.76%)	RB	SmallLong	20	0.6	111	380	157	-26	0.34	44%		-16.1	5.89%	0	-0.2	30	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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