Trading Signals: ERX Stock Price Prediction and Forecast

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

Thu. Aug. 26, 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 $247.5000 (-2.71%) ($244.1000 - $261.2000) on Thu. Aug. 26, 2010.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.31% (three month average)
RSI   17
Latest Price   $247.5000(-2.71%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX declines -2.3% a day on average for past five trading days.
Weekly Trend   ERX declines -8.8% 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 -2.655% in a week (0% probabilities).
TLT(-32%)    SHY(-7%)    TIP(0%)    IGOV(4%)    LQD(6%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.655% (StdDev 5.31%)
Hourly BBV 0 ()
Intraday Trend -4.8%

Resistance Level   $294.1
5 Day Moving Average   $259.03(-4.45%)
10 Day Moving Average   $272.69(-9.24%)
20 Day Moving Average   $294.1(-15.84%)
To recent high   -26.5%
To recent low   6.5%
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 9.16% (three month std-dev: 5.31%) daily (68% of days).

Sample size 4 Average positive next day return: 1.23%(25%) Average negative next day return: -2.92%(75%) Sample size 4 Average positive next three day return: 2.41%(75%) Average negative next three day return: -1.23%(25%) Sample size 4 Average positive next weekly return: 1.98%(50%) Average negative next weekly return: -5.53%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20100926

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_26_2010	326.67	294.1	272.69	259.03	258.69	252.49	247.5(-2.71%)	DT	HoldShort	-65	-0.4	-75	-170	-59	-123	0.26	56%	-0.53	-39.8	5.31%	0	-1.7	17	NAN
2	Aug_25_2010	328.4	296.86	276.98	265.11	262.75	255.38	254.4(-0.97%)	DT	HoldShort	-65	-0.4	-147	-220	-143	-160	0.35	56%	-0.54	-36.6	5.3%	0	-1.7	16	NAN
3	Aug_24_2010	330.18	299.29	281.05	272.45	270.37	264.89	256.9(-4.3%)	DT	HoldShort	-65	-0.7	-119	-160	-110	-146	0.32	53%	-0.52	-27.1	5.3%	0	-1.9	18	NAN
4	Aug_23_2010	331.91	301.66	287.36	281.03	278.95	270.13	268.45(0.21%)	DP	OpenShort	-75	-0.6	-104	-240	-96	-126	0.22	53%	-0.2	-16.1	5.33%	0	-1.6	24	NAN
5	Aug_20_2010	332.56	303.64	293.24	284.5	285.62	275.84	267.9(-3.6%)	DT	OpenShort	-75	-0.9	-136	-230	-136	-134	0.29	51%	-0.43	-4.1	5.36%	0	-1.9	25	NAN

6	Aug_19_2010	333.99	305.23	298.96	288.24	289.13	287.76	277.9(-4.53%)	DT	OpenShort	-75	-0.6	-83	-20	-79	-94	0.35	51%	-0.34	9.9	5.58%	0	-1.6	47	NAN
7	Aug_18_2010	335.12	306.17	304.61	290.41	290.66	295.4	291.1(-2.9%)	N/A	N/A	0	0	34	120	54	-26	0.31	51%	-0.28	15.4	5.57%	0	-0.8	51	NAN
8	Aug_17_2010	336.07	305.54	308.79	290.97	288.76	290.5	299.8(4.9%)	N/A	N/A	0	0.5	21	20	35	-22	0.26	51%	-0.25	13.4	5.56%	0	-0.3	54	NAN
9	Aug_16_2010	336.92	304.97	311.51	295.18	288.88	285.91	285.8(-0.28%)	DT	OpenShort	-75	-0.5	-63	-140	-68	-48	0.17	51%	-0.23	18.9	5.54%	0	-1	48	NAN
10	Aug_13_2010	337.71	304.41	315.78	303.8	297.75	287.02	286.6(-0.74%)	DT	OpenShort	-75	-0.8	-90	-310	-107	-40	0.18	49%	-0.23	27.9	5.59%	0	-0.8	45	NAN

11	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	NAN
12	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	NAN
13	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	NAN
14	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	NAN
15	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	NAN

16	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	NAN
17	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	NAN
18	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	NAN
19	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	NAN
20	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	NAN

21	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	NAN
22	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	NAN
23	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	NAN
24	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	NAN
25	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%		-27.2	6%	0	1.3	75	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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