Trading Signals: ERX Stock Price Prediction and Forecast

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Thu. Apr. 28, 2011

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 $880.0000 (-0.51%) ($857.6000 - $886.6000) on Thu. Apr. 28, 2011.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.77% (three month average)
RSI   48
Latest Price   $880.0000(-0.51%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 0.6% a day on average for past five trading days.
Weekly Trend   ERX advances 2.8% 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(69%)    EEM(63%)
Factors Impacting ERX price   ERX will decline at least -1.885% in a week (0% probabilities).
TLT(-32%)    SHY(-6%)    TIP(1%)    IGOV(3%)    LQD(7%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.885% (StdDev 3.77%)
Hourly BBV 0 ()
Intraday Trend 0.8%

5 Day Moving Average   $875.86(0.47%)
10 Day Moving Average   $844.57(4.2%)
20 Day Moving Average   $855.19(2.9%)
To recent high   -3.9%
To recent low   33.6%
Market Cap   $N/A

Average daily price decay: -0.01%

$. ERX is a 3x leveraged ETF. You'll lose 0.01% a day on average for holding it.$. ERX price fluctuates within 5.51% (three month std-dev: 3.77%) 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

> 20110528

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	Apr_28_2011	734.86	855.19	844.57	875.86	871.79	875.88	880(-0.51%)	UD	OpenLong	75	0.1	34	20	27	55	0.21	57%	0.52	8	3.77%	0	0.5	48	0
2	Apr_27_2011	731.09	855.93	834.45	870.94	869.47	875.44	884.5(-0.06%)	UD	OpenLong	75	0.3	152	40	173	90	0.2	57%	0.52	12.3	3.77%	0	0.6	49	0
3	Apr_26_2011	727.32	855.35	823.19	854.42	861.94	867.7	885(3.06%)	UT	OpenLong	75	0.6	193	70	233	72	0.15	59%	0.52	8.1	3.78%	0	0.6	45	0
4	Apr_25_2011	723.59	853.58	818.45	833.04	841.35	863.5	858.7(-1.42%)	UD	OpenLong	75	0.5	215	210	269	54	0.11	59%	0.79	-1.8	3.85%	0	0.1	43	0
5	Apr_21_2011	717.93	853.4	821.2	824.34	819.77	856.19	871.1(1.84%)	UT	OpenLong	75	1	504	290	612	180	0.13	59%	0.55	1.7	3.82%	0	0.4	44	0

6	Apr_20_2011	714.02	851.49	821.64	808.92	804.82	819.2	855.4(6.67%)	UT	OpenLong	75	1	501	110	613	163	0.19	59%	0.58	-1.6	3.81%	0	0.1	44	0
7	Apr_19_2011	709.89	850.1	823.74	793.22	788.07	783.35	801.9(3.06%)	DP	OpenShort	-75	0.2	-89	-60	-74	-133	0.15	55%	0.5	0.2	3.75%	0	-1	34	0
8	Apr_18_2011	706.36	851.49	834.5	787.3	785.97	790.45	778.1(-4.55%)	DT	OpenShort	-75	-0.2	-91	30	-76	-134	0.17	55%	0.48	3.9	3.76%	0	-1.6	35	0
9	Apr_15_2011	703	854.47	847.41	801.3	790.36	792.8	815.2(2.67%)	DP	OpenShort	-65	0.3	-19	-20	3	-83	0.19	57%	0.16	18.4	3.72%	0	-0.8	46	0
10	Apr_14_2011	701.85	852.65	856.33	818.12	807.45	781.49	794(2.2%)	DP	OpenShort	-75	-0.5	-307	-260	-343	-198	0.16	58%	0.49	28.5	3.73%	0	-1.2	41	0

11	Apr_13_2011	698.45	852.24	867.11	836.96	837.85	787.92	776.9(0.6%)	DP	OpenShort	-75	-1.1	-709	-410	-825	-362	0.18	58%	0.5	39.3	3.74%	0	-1.3	44	0
12	Apr_12_2011	694.99	850	880.46	858.9	863.19	833.41	772.3(-8.94%)	DT	OpenShort	-75	-1.5	-823	-230	-969	-385	0.34	60%	0.45	41.5	3.75%	0	-1.3	45	0
13	Apr_11_2011	691.85	849.68	892.44	887.52	891.52	887.78	848.1(-5.69%)	DT	OpenShort	-75	-0.7	-123	-20	-158	-19	0.14	66%	0.56	49.9	3.57%	0	-0	62	0
14	Apr_8_2011	687.97	845.85	893.8	899.28	900.86	892.96	899.3(1.25%)	N/A	N/A	0	0	-28	-60	-52	43	0.16	69%	0.66	47.9	3.49%	0	0.9	75	0
15	Apr_7_2011	683.46	838.67	889.74	900.54	902.95	895.26	888.2(0.18%)	DP	OpenShort	-75	-0.2	-193	-50	-252	-17	0.15	69%	0.69	39.1	3.52%	0	0.7	83	0

16	Apr_6_2011	678.78	830.43	884.71	902.46	909.82	908.76	886.6(-3.15%)	N/A	N/A	0	-0.2	-4	20	-34	87	0.19	69%	0.7	30.1	3.52%	0	0.9	80	0
17	Apr_5_2011	674.08	826.12	879.08	905.62	910.43	910.64	915.4(0.94%)	UT	HoldLong	65	0.2	59	20	30	144	0.14	69%	0.71	30.3	3.5%	0	1.4	93	0
18	Apr_4_2011	669.35	820.89	869.71	898.22	907.04	910.88	906.9(0.14%)	UT	HoldLong	65	0.1	136	60	118	190	0.09	69%	0.69	28.6	3.5%	0	1.4	78	0
19	Apr_1_2011	664.78	816.83	861.59	887.29	895.13	910.23	905.6(0.87%)	UT	OpenLong	75	0.3	225	140	221	235	0.2	69%	0.66	22.5	3.5%	0	1.5	73	0
20	Mar_31_2011	660.44	813.59	847.88	877.31	881.88	903.2	897.8(-0.51%)	UD	OpenLong	75	0.4	436	180	471	329	0.19	69%	0.67	18.9	3.53%	0	1.5	73	0

21	Mar_30_2011	656.02	811.39	835.25	864.19	866.07	880.03	902.4(2.73%)	UT	HoldLong	65	0.7	400	120	429	312	0.18	69%	0.71	17.5	3.52%	0	1.7	78	0
22	Mar_29_2011	651.37	807.29	816.25	848.69	849.43	860.55	878.4(3.07%)	UT	OpenLong	75	0.6	211	90	217	192	0.21	69%	0.68	8.2	3.52%	0	1.5	58	0
23	Mar_28_2011	646.97	804.06	802.94	837.17	838.96	852.12	852.25(-0.4%)	UD	OpenLong	75	0.3	253	120	274	189	0.17	69%	0.65	3.1	3.51%	0	1	53	0
24	Mar_25_2011	642.77	804.13	793.73	831.98	830.38	838.3	855.7(2.82%)	UT	OpenLong	75	0.5	241	60	266	166	0.16	69%	0.67	3.4	3.49%	0	1.1	51	0
25	Mar_24_2011	638.48	803.31	783.06	813.78	821.8	825.8	832.2(0.88%)	UT	OpenLong	75	0.4	144	60	164	82	0.14	69%		-4.5	3.51%	0	0.6	47	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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