Trading Signals: ERX Stock Price Prediction and Forecast

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

Fri. Jul. 8, 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 $778.3000 (-2.24%) ($756.2000 - $780.3000) on Fri. Jul. 8, 2011.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.04% (three month average)
RSI   72
Latest Price   $778.3000(-2.24%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 1.1% a day on average for past five trading days.
Weekly Trend   ERX advances 8.7% 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(69%)    EEM(63%)
Factors Impacting ERX price   ERX will decline at least -2.02% 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   -2.02% (StdDev 4.04%)
Hourly BBV 0 ()
Intraday Trend 2.5%

5 Day Moving Average   $772.98(0.69%)
10 Day Moving Average   $726.71(7.1%)
20 Day Moving Average   $694.88(12%)
To recent high   -15.7%
To recent low   25.7%
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 7.73% (three month std-dev: 4.04%) daily (68% of days).

Sample size 1 Average positive next day return: 0%(0%) Average negative next day return: -1.15%(100%) Sample size 1 Average positive next three day return: 0%(0%) Average negative next three day return: -0.91%(100%) Sample size 1 Average positive next weekly return: 0%(0%) Average negative next weekly return: -1.52%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20110808

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	Jul_8_2011	777.62	694.88	726.71	772.98	771.54	780.45	778.3(-2.24%)	UD	OpenLong	75	0.1	123	80	106	172	0.4	38%	-0.06	38.8	4.04%	0	1.6	72	NAN
2	Jul_7_2011	778.05	691.25	714.39	764.34	764.54	776.55	796.1(4.16%)	UT	OpenLong	75	0.6	297	110	312	250	0.38	38%	-0	35.4	4.03%	0	2.1	74	NAN
3	Jul_6_2011	778.06	685.52	701.8	746.2	747.5	762.63	764.3(-0.57%)	UD	OpenLong	75	0.4	247	150	257	217	0.41	36%	-0.01	24.3	4%	0	1.8	72	NAN
4	Jul_5_2011	778.11	681.12	693.18	729.12	731.69	752.53	768.7(1.48%)	UT	OpenLong	75	1	419	210	465	279	0.44	36%	0.01	2.7	4.01%	0	2.2	61	NAN
5	Jul_1_2011	778.02	676.55	680.58	701	705.87	732.37	757.5(3.05%)	UT	OpenLong	75	1.6	453	280	515	265	0.34	36%	0.02	-28.3	3.98%	0	2.2	65	NAN

6	Jun_30_2011	777.85	674.61	668.49	673.3	676.23	710.84	735.1(4.21%)	UT	OpenLong	75	1.8	497	370	580	248	0.34	36%	0.01	-55.9	3.93%	0	1.8	57	NAN
7	Jun_29_2011	777.74	673.89	658.97	657.28	654.38	679.37	705.4(3.9%)	UT	OpenLong	75	1.4	505	250	599	221	0.32	34%	-0.06	-70.2	3.91%	0	0.9	47	NAN
8	Jun_28_2011	778.21	675.02	652.32	651.64	639.81	641.62	678.9(8.09%)	UT	OpenLong	75	0.7	89	-30	116	9	0.29	34%	-0.1	-60	3.9%	0	0.1	48	NAN
9	Jun_27_2011	779.02	680.03	652.48	652.78	644.99	629.39	628.1(1.47%)	DP	OpenShort	-75	-0.6	-200	-210	-224	-128	0.29	30%	-0.15	-48.7	3.75%	0	-1.2	42	NAN
10	Jun_24_2011	780.2	686.91	655.1	656.72	658.25	638	619(-5.5%)	DT	OpenShort	-75	-0.8	-274	-210	-310	-165	0.22	30%	-0.17	-40.7	3.76%	0	-1.5	40	NAN

11	Jun_23_2011	781.55	694.09	661.38	661.42	658.92	660.59	655(-3.28%)	DT	OpenShort	-75	-0.1	-234	10	-261	-152	0.55	31%	-0.12	-35.3	3.71%	0	-0.9	38	NAN
12	Jun_22_2011	782.52	698.78	667.25	659.62	661.58	678.5	677.2(-1.08%)	UD	OpenLong	75	0.4	301	190	370	94	0.32	31%	-0.09	-34.2	3.69%	0	-0.5	40	NAN
13	Jun_21_2011	783.25	700.87	668.59	652.8	652.13	657.25	684.6(5.68%)	UT	OpenLong	75	0.7	160	50	210	11	0.3	35%	-0.04	-35.5	3.69%	0	-0.4	40	NAN
14	Jun_20_2011	783.53	701.43	668.36	653.3	647.21	644.65	647.8(0.82%)	DP	OpenShort	-75	-0.1	-124	-60	-119	-140	0.29	32%	-0.01	-35.2	3.76%	0	-1.2	26	NAN
15	Jun_17_2011	783.64	705.5	672.5	653.96	658.13	647	642.5(-0.54%)	DT	OpenShort	-75	-0.3	-91	-100	-75	-138	0.31	37%	-0.03	-34.5	3.76%	0	-1.5	31	NAN

16	Jun_16_2011	783.9	710.06	681.45	661.44	662.21	649.76	646(0.45%)	DP	OpenShort	-75	-0.4	-326	-130	-353	-243	0.52	35%	-0.04	-30.4	3.92%	0	-1.6	33	NAN
17	Jun_15_2011	784.2	714.35	690.17	675.94	674.39	669.26	643.1(-6.4%)	DT	OpenShort	-75	-0.9	-180	-60	-186	-163	0.4	35%	0.01	-21.2	3.97%	0	-1.9	35	NAN
18	Jun_14_2011	784.1	717.04	699.8	686.2	689	674.65	687.1(5.53%)	DP	OpenShort	-75	0	-98	-130	-93	-113	0.28	37%	0.06	-27.4	3.9%	0	-0.9	47	NAN
19	Jun_13_2011	783.63	717.39	709.51	685.94	692.96	679.53	651.1(-4.24%)	DT	OpenShort	-75	-1	-334	-100	-375	-210	0.39	34%	0.02	-38.4	3.84%	0	-2	47	NAN
20	Jun_10_2011	783.46	720.48	721.41	693.4	700.48	703.35	679.9(-5.37%)	DT	OpenShort	-75	-0.4	-78	60	-79	-75	0.32	35%	0.07	-41	3.86%	0	-1.3	45	NAN

21	Jun_9_2011	782.91	722.43	729.78	704.26	704.51	706.39	718.5(3.47%)	UT	OpenLong	75	0.5	72	20	92	13	0.23	37%	0.1	-35.4	4.03%	0	-0.1	50	NAN
22	Jun_8_2011	782.11	722.3	732.86	707.32	706.51	697.61	694.4(1.25%)	DP	OpenShort	-75	-0.4	-120	-90	-136	-71	0.43	37%	0.04	-42	4.02%	0	-1	46	NAN
23	Jun_7_2011	781.78	726.49	735.87	716.06	715.49	702.63	685.8(-0.38%)	DT	OpenShort	-75	-1	-254	-130	-298	-120	0.31	37%	-0.13	-37.5	4.02%	0	-1.3	54	NAN
24	Jun_6_2011	782.77	730.71	737.6	737.18	732.28	715.4	688.4(-6.24%)	DT	OpenShort	-75	-1.6	-270	-180	-325	-106	0.44	37%	0.05	-35.4	4.02%	0	-1.4	54	NAN
25	Jun_3_2011	782.35	733.22	741.98	753.2	752.88	728.35	734.2(0.05%)	DP	OpenShort	-75	-0.6	-296	-230	-363	-96	0.42	40%		-50.9	3.96%	0	0	58	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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