Trading Signals: ERX Stock Price Prediction and Forecast

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Tue. May. 31, 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 $791.4000 (2.98%) ($768.0000 - $808.4000) on Tue. May. 31, 2011.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.96% (three month average)
RSI   49
Latest Price   $791.4000(2.98%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 2.7% a day on average for past five trading days.
Weekly Trend   ERX advances 3% 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 -1.98% 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   -1.98% (StdDev 3.96%)
Hourly BBV 0 ()
Intraday Trend -0.8%

5 Day Moving Average   $757.92(4.42%)
10 Day Moving Average   $736.3(7.48%)
20 Day Moving Average   $738.39(7.18%)
To recent high   -14.3%
To recent low   15.5%
Market Cap   $N/A

Average daily price decay: -0.02%

$. ERX is a 3x leveraged ETF. You'll lose 0.02% a day on average for holding it.$. ERX price fluctuates within 4.9% (three month std-dev: 3.96%) 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

> 20110701

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	May_31_2011	778.88	738.39	736.3	757.92	762.02	782.16	791.4(2.98%)	UT	OpenLong	75	0.9	349	200	397	204	0.44	43%	0.53	-78.4	3.96%	0	1.5	49	0
2	May_27_2011	774.81	741.94	725.68	738.14	744.18	762.53	768.5(0.83%)	UT	OpenLong	75	0.5	362	200	424	176	0.46	41%	0.25	-54.8	3.95%	0	0.4	48	0
3	May_26_2011	772.86	748.6	718.86	729.44	723.62	741.88	762.2(1.69%)	UT	OpenLong	75	0.5	220	150	261	95	0.5	41%	0.23	-50.5	3.98%	0	0.2	55	0
4	May_25_2011	771.11	753.75	713.48	722.68	716.42	725.84	749.5(4.39%)	UT	OpenLong	75	0.4	218	70	262	85	0.54	43%	0.22	-48.3	4%	0	-0.1	54	0
5	May_24_2011	769.45	759.87	709.54	717.9	716.07	705.37	718(3.68%)	DP	OpenShort	-75	0	-10	-110	-1	-38	0.57	40%	0.16	-43.1	3.99%	0	-0.6	41	0

6	May_23_2011	768.23	767.85	715.04	711.32	714.13	707.01	692.5(-4.48%)	DT	OpenShort	-75	-0.2	-205	-60	-226	-143	0.5	42%	0.14	-39.3	3.99%	0	-1	31	0
7	May_20_2011	767.12	776.17	722.56	710.3	711.29	726.78	725(-0.47%)	N/A	N/A	0	0.2	85	160	122	-25	0.41	43%	0.19	-37.9	4%	0	-0.7	28	0
8	May_19_2011	765.68	783.32	723.33	706.02	704.66	721.26	728.4(0.39%)	UT	OpenLong	75	0.3	276	160	357	33	0.33	43%	0.2	-34.8	4.04%	0	-0.7	25	0
9	May_18_2011	764.17	789.66	723.13	703.02	699.35	695.81	725.6(5.91%)	RB	SmallLong	20	0.3	59	-50	110	-93	0.42	43%	0.21	-31.9	4.07%	0	-0.8	33	0
10	May_17_2011	762.55	793.83	727.73	700.84	697.55	688.05	685.1(-0.33%)	DT	OpenShort	-75	-0.2	-303	-110	-309	-284	0.42	41%	0.17	-32	4%	0	-1.4	26	0

11	May_16_2011	761.27	799.23	740.79	720.06	712.26	702.89	687.4(-2.3%)	DT	OpenShort	-75	-0.5	-214	-120	-207	-235	0.32	42%	-0.1	-31.4	4.01%	0	-1.6	26	0
12	May_13_2011	762.03	806.23	759.68	736.62	731.43	707.05	703.6(-1.37%)	DT	OpenShort	-75	-0.5	-269	-250	-278	-242	0.47	44%	0.19	-32.9	4.08%	0	-1.5	32	0
13	May_12_2011	760.62	811.43	780.8	742.7	744.35	721.63	713.4(-0.18%)	DT	OpenShort	-75	-0.5	-446	-210	-490	-313	0.34	44%	0.21	-39.3	4.11%	0	-1.6	32	0
14	May_11_2011	759.05	815.38	797.37	745.44	754.24	755.8	714.7(-8.51%)	DT	OpenShort	-75	-0.5	-142	50	-134	-164	0.51	44%	0.22	-48.7	4.14%	0	-1.7	35	0
15	May_10_2011	757.42	819.08	814.57	757.9	752.89	767.08	781.2(1.43%)	N/A	N/A	0	0.4	101	110	146	-33	0.33	47%	0.33	-57.6	3.99%	0	-0.7	50	0

16	May_9_2011	754.93	822.5	824.73	765.5	756.84	752.68	770.2(4.93%)	DP	OpenShort	-65	0.1	-3	-70	17	-62	0.35	46%	0.33	-59.5	4%	0	-1	53	0
17	May_6_2011	752.46	828.86	833.99	788.18	775.97	738.71	734(0.95%)	DP	OpenShort	-75	-1	-526	-380	-606	-285	0.56	44%	0.28	-48.9	3.92%	0	-1.7	43	0
18	May_5_2011	750.35	836.81	848.61	826.1	814.9	761.01	727.1(-6.42%)	DT	OpenShort	-75	-1.9	-849	-500	-1001	-393	0.56	44%	0.28	-34.1	3.95%	0	-2.1	46	0
19	May_4_2011	748.22	845.16	862.89	856.68	857.26	813.23	777(-5.15%)	DT	OpenShort	-75	-1.7	-742	-360	-888	-303	0.38	46%	0.34	-22.5	3.9%	0	-1.4	54	0
20	May_3_2011	745.68	852.11	867.05	878.18	878.49	868.79	819.2(-7.29%)	DT	OpenShort	-75	-1.3	-413	-80	-510	-121	0.31	48%	0.39	-6.9	3.84%	0	-0.7	60	0

21	May_2_2011	742.76	856.39	864.38	891.34	888.59	901.29	883.6(-4.33%)	UD	OpenLong	75	-0.2	222	90	234	184	0.16	51%	0.5	5.9	3.72%	0	0.6	55	0
22	Apr_29_2011	739.05	857.08	857.74	886.36	881.82	888.2	923.6(4.95%)	UT	OpenLong	75	0.8	229	40	249	170	0.15	58%	0.57	7.6	3.78%	0	1.4	51	0
23	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
24	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
25	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%		8.1	3.78%	0	0.6	45	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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