Trading Signals: ERX Stock Price Prediction and Forecast

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Thu. Apr. 14, 2016

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 $263.0000 (0.88%) ($258.0000 - $264.3000) on Thu. Apr. 14, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   6.11% (three month average)
RSI   65
Latest Price   $263.0000(0.88%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 3.1% a day on average for past five trading days.
Weekly Trend   ERX advances 4.5% 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)
XLE(92%)    OIH(90%)    XOP(86%)    IWD(74%)    IVE(72%)
Factors Impacting ERX price   ERX will decline at least -3.055% in a week (0% probabilities).
VIXM(-24%)    TLT(-24%)    UUP(-17%)    IGOV(-5%)    SHY(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -3.055% (StdDev 6.11%)
Hourly BBV 0 ()
Intraday Trend -0.1%

5 Day Moving Average   $251.46(4.59%)
10 Day Moving Average   $238.18(10.42%)
20 Day Moving Average   $238.78(10.14%)
To recent high   0%
To recent low   81.8%
Market Cap   $N/A

Average daily price decay: -0.04%

$. ERX is a 3x leveraged ETF. You'll lose 0.04% a day on average for holding it.$. ERX price fluctuates within 5.63% (three month std-dev: 6.11%) daily (68% of days).

Sample size 20 Average positive next day return: 3.38%(45%) Average negative next day return: -1.77%(55%) Sample size 20 Average positive next three day return: 5.48%(50%) Average negative next three day return: -2.92%(50%) Sample size 20 Average positive next weekly return: 8.32%(50%) Average negative next weekly return: -3.88%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20160514

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_14_2016	218.2	238.78	238.18	251.46	252.56	260.13	263(0.88%)	UT	OpenLong	75	0.9	89	220	92	80	0.31	58%	-0.38	39.8	6.11%	0	1.8	65	INF
2	Apr_13_2016	219.04	237.58	235.11	243.96	246.83	253.53	260.7(1.09%)	UT	OpenLong	75	1.4	105	230	115	73	0.43	56%	-0.43	35	6.3%	0	1.9	65	INF
3	Apr_12_2016	219.99	235.95	232.18	237.62	238.63	244.99	257.9(9.14%)	UT	OpenLong	75	1.8	69	200	79	39	0.6	56%	-0.35	31.4	6.38%	0	2	53	INF
4	Apr_11_2016	220.76	234.52	229.41	229.16	232.41	240.13	236.3(-1.29%)	UD	OpenLong	75	0.7	78	280	97	21	0.45	53%	-0.41	8.4	6.29%	0	0.2	41	INF
5	Apr_8_2016	221.67	234.5	228.77	225.9	226.19	232.26	239.4(6.16%)	N/A	N/A	0	1.3	62	190	83	0	0.51	53%	-0.44	5.1	6.34%	0	0.5	40	INF

6	Apr_7_2016	222.66	233.55	228.03	222.98	222.22	224.69	225.5(-1.53%)	N/A	N/A	0	0.2	18	70	35	-33	0.44	51%	-0.58	-1.8	6.33%	0	-0.8	31	INF
7	Apr_6_2016	223.95	233.35	228.58	224.92	221.83	220.11	229(6.22%)	DP	OpenShort	-75	0.4	-21	-100	-11	-51	0.54	49%	-0.48	7.9	6.4%	0	-0.4	42	INF
8	Apr_5_2016	225.02	232.48	230.25	226.04	224.5	219.75	215.6(-2%)	DT	OpenShort	-75	-0.9	-59	-170	-58	-61	0.38	49%	-0.59	15.9	6.53%	0	-1.4	44	INF
9	Apr_4_2016	226.36	233.69	233.71	229.62	229.71	223.54	220(-2.14%)	DT	OpenShort	-75	-0.8	-50	-190	-51	-45	0.41	49%	-0.42	48.9	6.53%	0	-1.2	46	INF
10	Apr_1_2016	227.32	233.98	237.05	231.8	230.68	229.25	224.8(-4.42%)	DT	OpenShort	-75	-0.6	-57	-60	-63	-40	0.4	49%	-0.42	71.7	6.52%	0	-0.8	45	INF

11	Mar_31_2016	228.28	233.74	239.8	233.58	232.73	235.89	235.2(0.26%)	UT	OpenLong	75	0.1	33	80	39	16	0.41	49%	-0.47	88.9	6.55%	0	0.1	63	INF
12	Mar_30_2016	229.36	232.48	240.54	232.74	230.74	232.1	234.6(0.47%)	UT	OpenLong	75	0.1	15	20	16	13	0.51	49%	-0.59	89.1	6.55%	0	0.2	63	INF
13	Mar_29_2016	230.71	230.58	240.25	235.32	230.69	229.58	233.5(1.13%)	N/A	N/A	0	-0.1	-16	-90	-25	10	0.51	49%	-0.57	85.9	6.57%	0	0.2	68	INF
14	Mar_28_2016	232.03	228.16	240.21	238.7	235.5	229.38	230.9(-1.2%)	N/A	N/A	0	-0.4	-32	-220	-45	7	0.31	47%	-1.26	72.9	6.57%	0	0.1	49	INF
15	Mar_24_2016	234.98	226.08	240.9	243.24	240.14	231.81	233.7(1.17%)	DP	OpenShort	-75	-0.4	-83	-280	-110	-3	0.53	47%	-0.67	69.5	6.61%	0	0.3	57	INF

16	Mar_23_2016	236.57	223.69	239.77	246.94	246.94	241.63	231(-6.67%)	CR	SmallShort	-20	-0.7	-46	-150	-69	24	0.48	50%	-0.73	70.6	6.62%	0	0.3	58	INF
17	Mar_22_2016	238.31	221.4	238.86	249.18	250.21	248.48	247.5(-1.16%)	UD	OpenLong	65	-0.1	4	-40	-13	56	0.44	51%	-0.53	68	6.76%	0	1	68	INF
18	Mar_21_2016	239.58	217.92	235.14	245.64	247.9	252.26	250.4(-1.26%)	UD	OpenLong	75	0.2	45	150	35	76	0.52	51%	-0.41	66.1	6.76%	0	1.3	73	INF
19	Mar_18_2016	240.57	215.14	233.69	241.82	241.48	251.95	253.6(0.56%)	UT	HoldLong	65	0.5	99	300	94	115	0.91	50%	-0.36	68.8	6.76%	0	1.6	78	INF
20	Mar_17_2016	241.44	211.53	230.51	238.36	235.3	243.54	252.2(4.13%)	UT	OpenLong	75	0.6	124	210	120	134	0.71	49%	-0.35	74.1	6.8%	0	1.7	74	INF

21	Mar_16_2016	242.28	208.02	226.87	231.8	230.94	231.01	242.2(5.4%)	UT	OpenLong	75	0.5	71	-10	58	110	0.7	49%	-0.3	77.5	6.85%	0	1.6	73	INF
22	Mar_15_2016	243.01	205.33	223.4	227.14	225.74	227.06	229.8(-0.65%)	UT	HoldLong	50	0.1	10	20	-15	83	0.55	50%	-0.4	81	6.82%	0	1.2	72	INF
23	Mar_14_2016	243.99	202.56	219.91	222.88	224.09	230.86	231.3(-2.12%)	UD	OpenLong	75	0.4	68	230	54	109	0.52	50%	-0.5	77.1	6.89%	0	1.4	74	INF
24	Mar_11_2016	245.22	199.44	215.05	224.28	221.88	224.43	236.3(7.7%)	UT	OpenLong	75	0.6	72	50	58	112	0.64	48%	-0.49	78.7	6.88%	0	1.8	63	INF
25	Mar_10_2016	246.43	195.47	209.98	221.68	221.26	217.31	219.4(0.23%)	UD	OpenLong	65	-0.1	5	-130	-20	78	0.83	47%		67.7	6.96%	0	1.2	65	INF
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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