Trading Signals: ERX Stock Price Prediction and Forecast

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

Tue. Aug. 27, 2013

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 $687.9000 (-1.99%) ($684.0000 - $703.4000) on Tue. Aug. 27, 2013.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.76% (three month average)
RSI   40
Latest Price   $687.9000(-1.99%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 0.5% a day on average for past five trading days.
Weekly Trend   ERX declines -2.4% 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(89%)    XOP(87%)    IWM(65%)    SPY(65%)    USO(62%)
Factors Impacting ERX price   ERX will decline at least -1.38% in a week (0% probabilities).
TLT(-25%)    SHY(-5%)    IGOV(-5%)    BNDX(-4%)    GLD(3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.38% (StdDev 2.76%)
Hourly BBV 0 ()
Intraday Trend 0.3%

Resistance Level   $710.14
5 Day Moving Average   $689.44(-0.22%)
10 Day Moving Average   $688.79(-0.13%)
20 Day Moving Average   $710.14(-3.13%)
To recent high   -9.6%
To recent low   15.5%
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 3.79% (three month std-dev: 2.76%) daily (68% of days).

Sample size 3 Average positive next day return: 0.75%(33%) Average negative next day return: -1.26%(67%) Sample size 3 Average positive next three day return: 1.32%(33%) Average negative next three day return: -2.49%(67%) Sample size 3 Average positive next weekly return: 2.95%(33%) Average negative next weekly return: -3.27%(67%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20130927

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_27_2013	676.97	710.14	688.79	689.44	694.58	698.88	687.9(-1.99%)	DT	OpenShort	-75	-0.1	-21	70	-9	-56	0.04	49%	0.09	-40.4	2.76%	0	-0.8	40	0
2	Aug_26_2013	676.33	711.77	691.98	686.12	688.46	703.24	701.9(-0.52%)	UD	OpenLong	75	0.6	282	160	349	79	0.03	49%	0.13	-51.5	2.77%	0	-0.4	41	0
3	Aug_23_2013	675.43	712.84	693.37	677.72	678.62	690.28	705.6(2.14%)	UT	OpenLong	75	1	292	120	368	65	0.03	49%	0.14	-64.6	2.78%	0	-0.3	38	0
4	Aug_22_2013	674.46	714.53	695.23	675.34	672.45	673.68	690.8(4.51%)	RB	SmallLong	20	0.6	49	-0	85	-60	0.04	46%	0.12	-68.6	2.76%	0	-0.9	32	0
5	Aug_21_2013	673.66	717.36	699.35	677.74	675.62	666.96	661(-1.53%)	DT	HoldShort	-65	-0.6	-186	-100	-190	-175	0.05	43%	0.02	-65.4	2.74%	0	-2.1	17	0

6	Aug_20_2013	673.52	721.2	705.88	688.36	684.83	671.23	671.3(1.73%)	DP	OpenShort	-75	-0.7	-352	-150	-389	-239	0.04	46%	0.02	-56.5	2.73%	0	-2	37	0
7	Aug_19_2013	673.38	725.66	712.03	698.72	697.49	684.28	659.9(-4.87%)	DT	OpenShort	-75	-1.7	-351	-140	-394	-221	0.04	46%	-0.02	-39	2.78%	0	-2.9	36	0
8	Aug_16_2013	673.52	730.63	720.84	710.66	709.32	698.43	693.7(-1.29%)	DT	OpenShort	-75	-0.9	-261	-110	-296	-157	0.03	53%	0.05	-21.7	2.79%	0	-2	42	0
9	Aug_15_2013	673.2	734.06	726.52	717.72	715.74	710.71	702.8(-1.58%)	DT	OpenShort	-75	-0.9	-218	-60	-249	-125	0.04	53%	0.05	0.5	2.8%	0	-2	39	0
10	Aug_14_2013	672.85	734.06	732.3	724.18	722.59	720.21	714.1(-1.24%)	DT	OpenShort	-75	-0.7	-43	-30	-47	-31	0.04	56%	0.08	19	2.79%	0	-1.4	40	0

11	Aug_13_2013	672.33	735.64	733.69	726.12	725.83	720.78	723.1(0.49%)	DP	OpenShort	-75	-0.2	-72	-50	-81	-44	0.03	56%	0.12	27.3	2.83%	0	-0.8	48	0
12	Aug_12_2013	671.5	734.71	733.52	727.64	726.32	724.98	719.6(-1.29%)	DT	OpenShort	-75	-0.5	-136	-20	-154	-81	0.03	56%	0.11	29.6	2.83%	0	-0.9	40	0
13	Aug_9_2013	670.77	734.59	734.14	732.66	730.58	730.89	729(-0.83%)	N/A	N/A	0	-0.2	14	-10	22	-11	0.02	56%	0.14	47	2.83%	0	-0.3	43	0
14	Aug_8_2013	669.8	734	735.35	736.84	733.55	727.66	735.11(1.56%)	DP	OpenShort	-75	-0.1	-85	-70	-95	-56	0.04	56%	0.14	64.3	2.83%	0	0.1	42	0
15	Aug_7_2013	668.88	732.7	736.51	742.02	737.7	730.26	723.8(-0.94%)	DT	OpenShort	-75	-0.9	-206	-90	-240	-102	0.03	56%	0.14	79.1	2.83%	0	-0.4	50	0

16	Aug_6_2013	667.96	731.13	737.58	742.24	745	739.44	730.7(-1.88%)	DT	OpenShort	-75	-0.5	-62	-40	-73	-29	0.03	56%	0.12	86.2	2.83%	0	-0	58	0
17	Aug_5_2013	667.17	729.71	740.22	739.8	742.65	745.14	744.7(-0.69%)	N/A	N/A	0	0.2	-23	40	-30	-0	0.02	56%	0.11	86.7	2.83%	0	0.6	63	0
18	Aug_2_2013	666.43	726.55	741	735.48	736.84	750.57	749.9(-1.46%)	UD	OpenLong	75	0.5	205	140	237	110	0.04	60%	0.12	82.9	2.9%	0	0.9	60	0
19	Aug_1_2013	665.64	722.47	741.81	733.74	731.41	740.15	761(4.98%)	UT	OpenLong	75	1	294	70	339	160	0.04	57%	0.18	88	2.92%	0	1.4	62	0
20	Jul_31_2013	664.47	716.74	738.62	731.12	727.1	723.11	724.9(0.89%)	N/A	N/A	0	-0.2	-10	-50	-20	20	0.05	55%	0.11	78.8	2.89%	0	0.3	57	0

21	Jul_30_2013	663.71	712.91	737.48	732.66	729.59	722.67	718.48(-0.64%)	DT	OpenShort	-75	-0.4	-174	-80	-215	-50	0.04	55%	0.11	75.5	2.96%	0	0.2	62	0
22	Jul_29_2013	662.99	709.26	736.16	740.62	736.04	731.09	723.1(-2.44%)	DT	OpenShort	-75	-0.5	-142	-70	-181	-23	0.04	55%	0.12	81.5	2.96%	0	0.4	58	0
23	Jul_26_2013	662.22	704.68	735.54	746.9	744.36	736.5	741.2(-0.9%)	CR	SmallShort	-20	-0.1	-97	-80	-135	17	0.03	55%	0.16	79.5	2.96%	0	0.9	68	0
24	Jul_25_2013	661.17	699.41	732.99	750.86	749.8	741	747.9(2.09%)	N/A	N/A	0	-0.1	-161	-90	-216	6	0.05	55%	0.18	81.7	2.95%	0	1.1	72	0
25	Jul_24_2013	659.95	693.53	728.91	747.3	752.68	752.21	732.6(-3.39%)	N/A	N/A	0	-0.3	-17	20	-51	87	0.05	57%		73.1	2.95%	0	0.9	74	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

Click to see actual return for next trading day.