Trading Signals: ERX Stock Price Prediction and Forecast

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

Tue. Aug. 2, 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 $688.5000 (-8.11%) ($688.5000 - $758.1000) on Tue. Aug. 2, 2011.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.04% (three month average)
RSI   48
Latest Price   $688.5000(-8.11%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX declines -3.9% a day on average for past five trading days.
Weekly Trend   ERX declines -1.6% 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(69%)    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(2%)    LQD(7%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.02% (StdDev 4.04%)
Hourly BBV 0 ()
Intraday Trend -6.2%

Resistance Level   $780.4
5 Day Moving Average   $752.56(-8.51%)
10 Day Moving Average   $795.01(-13.4%)
20 Day Moving Average   $780.4(-11.78%)
To recent high   -22.1%
To recent low   11.2%
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 5.92% (three month std-dev: 4.04%) daily (68% of days).

Sample size 1 Average positive next day return: 2.11%(100%) Average negative next day return: 0%(0%) Sample size 1 Average positive next three day return: 0%(0%) Average negative next three day return: -2.82%(100%) Sample size 1 Average positive next weekly return: 0%(0%) Average negative next weekly return: -5.63%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20110902

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_2_2011	771.29	780.4	795.01	752.56	755.53	741.83	688.5(-8.11%)	DT	OpenShort	-75	-1.4	-359	-120	-415	-189	0.26	41%	-0.1	7.8	4.04%	0	-2	48	0
2	Aug_1_2011	772.05	785	808.52	782.84	778.26	760.16	749.3(-0.54%)	DT	OpenShort	-75	-0.8	-234	-180	-282	-89	0.28	43%	-0.01	44.4	3.95%	0	-0.8	59	0
3	Jul_29_2011	772.09	785.76	812.04	803.38	798.55	769.23	753.4(-3.02%)	DT	OpenShort	-75	-1.2	-437	-280	-530	-158	0.15	45%	0.05	75.4	3.98%	0	-0.8	58	0
4	Jul_28_2011	771.72	785.28	816.19	825.7	821.87	796.36	776.9(-2.24%)	DT	OpenShort	-75	-1.1	-437	-230	-538	-134	0.25	45%	-0.04	99.8	4.02%	0	-0.2	52	0
5	Jul_27_2011	772.01	782.15	812.39	840.92	840.21	827.88	794.7(-5.38%)	DT	OpenShort	-75	-1	-231	-110	-298	-31	0.28	45%	-0.03	107.3	4.01%	0	0.3	51	0

6	Jul_26_2011	772.28	776.81	807.59	843.2	847.33	847.38	839.9(-1.42%)	UD	OpenLong	75	-0.1	25	20	3	91	0.2	46%	0	99.4	3.95%	0	1.2	61	0
7	Jul_25_2011	772.26	766.6	796.23	837.58	838.83	852.55	852(-1.5%)	UD	OpenLong	75	0.2	158	120	163	142	0.19	46%	-0.01	84	3.97%	0	1.5	62	0
8	Jul_22_2011	772.3	755.2	783.78	821.88	827.38	847.28	865(1.41%)	UT	OpenLong	75	0.7	399	190	453	237	0.19	46%	-0.01	69.3	3.97%	0	1.8	65	0
9	Jul_21_2011	772.35	744.55	774.11	805.88	805.77	825.1	853(5.82%)	UT	OpenLong	75	0.8	322	170	365	193	0.24	46%	0.03	65.2	3.99%	0	1.8	67	0
10	Jul_20_2011	772.15	735.45	767.21	780.32	788.76	807.49	806.1(-0.7%)	UD	OpenLong	75	0.5	359	200	411	201	0.19	47%	-0.02	60.1	3.93%	0	1.3	67	0

11	Jul_19_2011	772.33	729.21	762.57	766.62	771.25	786.44	811.8(4.95%)	UT	OpenLong	75	0.8	287	160	327	167	0.29	47%	-0.07	54.7	4.02%	0	1.5	71	0
12	Jul_18_2011	772.88	720.92	757.6	748.72	756.34	770.04	773.5(-1.46%)	UD	OpenLong	75	0.5	235	160	263	149	0.25	43%	-0.1	46	3.99%	0	1	75	0
13	Jul_15_2011	773.66	714.45	755.81	739.66	745.51	756.06	785(8.25%)	UT	HoldLong	65	0.8	209	120	228	151	0.37	43%	-0.04	37.5	4.03%	0	1.3	77	0
14	Jul_14_2011	774	707.42	750.69	738.32	737.32	742.64	725.2(-1.68%)	UD	OpenLong	75	-0.2	55	50	41	95	0.42	40%	-0.17	31.4	3.9%	0	0.3	64	0
15	Jul_13_2011	775.3	703.53	749.48	752.5	743.57	734.96	737.6(2.12%)	N/A	N/A	0	-0.3	-28	-120	-63	79	0.33	40%	-0.09	34.2	3.91%	0	0.6	60	0

16	Jul_12_2011	776.02	700.86	744.44	757.84	756.23	732	722.3(-0.81%)	DT	OpenShort	-75	-0.7	-250	-230	-327	-17	0.52	38%	-0.07	38	3.9%	0	0.4	57	0
17	Jul_11_2011	776.57	697.41	736.42	767.12	764.36	752.18	728.2(-6.44%)	DT	OpenShort	-75	-0.7	-314	-120	-405	-41	0.49	36%	-0.14	39.6	4.06%	0	0.6	64	0
18	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	0
19	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	0
20	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	0

21	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	0
22	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	0
23	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	0
24	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	0
25	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%		-60	3.9%	0	0.1	48	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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