Trading Signals: ERX Stock Price Prediction and Forecast

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Fri. Aug. 12, 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 $308.3000 (1.65%) ($303.6000 - $311.4000) on Fri. Aug. 12, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.87% (three month average)
RSI   57
Latest Price   $308.3000(1.65%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 1% a day on average for past five trading days.
Weekly Trend   ERX advances 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)
XLE(92%)    OIH(90%)    XOP(86%)    IWD(74%)    IVE(72%)
Factors Impacting ERX price   ERX will decline at least -1.935% in a week (0% probabilities).
TLT(-23%)    VIXM(-22%)    UUP(-16%)    IGOV(-5%)    IPO(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.935% (StdDev 3.87%)
Hourly BBV 0 ()
Intraday Trend 0.9%

5 Day Moving Average   $301.5(2.26%)
10 Day Moving Average   $291.78(5.66%)
20 Day Moving Average   $295.49(4.34%)
To recent high   -4.9%
To recent low   17.4%
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 4.85% (three month std-dev: 3.87%) daily (68% of days).

Sample size 3 Average positive next day return: 1.09%(67%) Average negative next day return: -1.96%(33%) Sample size 3 Average positive next three day return: 3.94%(33%) Average negative next three day return: -1.02%(67%) Sample size 3 Average positive next weekly return: 1.26%(33%) Average negative next weekly return: -1.3%(67%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20160912

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_12_2016	284.43	295.49	291.78	301.5	301.88	303.48	308.3(1.65%)	UT	OpenLong	75	0.5	78	40	80	70	0.37	58%	0.27	-20.2	3.87%	0	0.9	57	INF
2	Aug_11_2016	283.67	295.83	290.1	298.58	301.05	298.21	303.3(4.23%)	UT	HoldLong	50	0.3	4	-40	-2	23	0.45	58%	0.26	-19.2	3.87%	0	0.5	48	INF
3	Aug_10_2016	282.93	296.48	288.14	295.06	298.67	300.28	291(-3%)	DT	OpenShort	-75	-0.3	-20	70	-24	-6	0.38	59%	0.16	-16.2	3.84%	0	-0.4	45	INF
4	Aug_9_2016	282.48	297.63	287.49	294.28	295.86	303.89	300(-1.61%)	UD	OpenLong	75	0.4	123	210	148	47	0.32	59%	0.18	-11.9	3.86%	0	0.1	44	INF
5	Aug_8_2016	281.98	298.66	286.66	288.58	289.57	297.06	304.9(3.81%)	UT	OpenLong	75	1	161	190	201	41	0.41	59%	0.18	-13.6	3.9%	0	0.4	45	INF

6	Aug_5_2016	281.46	298.41	284.82	280.54	280.74	287.83	293.7(2.8%)	RB	SmallLong	20	0.8	69	180	104	-36	0.33	59%	0.15	-30.4	3.87%	0	-0.3	39	INF
7	Aug_4_2016	281.03	298.74	285.77	280.58	276.96	282.08	285.7(-0.49%)	N/A	N/A	0	0.3	74	90	112	-39	0.41	59%	0.16	-32.6	3.87%	0	-0.8	35	INF
8	Aug_3_2016	280.59	298.98	287.42	280.42	276.56	273.65	287.1(5.75%)	DP	OpenShort	-65	0.4	-11	-110	14	-86	0.52	55%	0.21	-37.1	3.91%	0	-0.7	36	INF
9	Aug_2_2016	280	299.56	289.8	279.92	277.91	271.85	271.5(2.57%)	DP	OpenShort	-75	-0.5	-148	-170	-146	-152	0.32	53%	0.15	-35.1	3.95%	0	-1.8	29	INF
10	Aug_1_2016	279.59	300.88	294.09	284.4	283.35	279.48	264.7(-9.94%)	DT	HoldShort	-65	-1.3	-100	-110	-92	-124	0.52	53%	0.1	-20.4	3.94%	0	-2.4	22	INF

11	Jul_29_2016	279.3	303.43	299.74	289.26	286.75	283.98	293.9(3.16%)	DP	OpenShort	-75	0.4	-76	-90	-69	-97	0.39	58%	0.27	-4.9	3.77%	0	-0.8	49	INF
12	Jul_28_2016	278.54	304.16	302.17	291.76	289.4	287.22	284.9(0.11%)	DP	OpenShort	-75	-0.6	-82	-80	-80	-88	0.33	58%	0.24	-4.4	3.75%	0	-1.6	45	INF
13	Jul_27_2016	277.87	305.05	305.68	295.56	294.71	289.53	284.6(-3.16%)	DT	OpenShort	-75	-0.9	-71	-130	-74	-61	0.46	60%	0.28	1.9	3.78%	0	-1.8	53	INF
14	Jul_26_2016	277.09	305.24	308.91	301.3	299.38	291.59	293.9(1.7%)	DP	OpenShort	-75	-0.6	-138	-200	-160	-71	0.27	60%	0.2	5	3.82%	0	-1	52	INF
15	Jul_25_2016	276.53	303.96	311.92	305.4	304.99	299.89	289(-5.68%)	DT	OpenShort	-75	-1.1	-120	-120	-146	-40	0.27	60%	0.24	0.2	3.86%	0	-1	51	INF

16	Jul_22_2016	275.86	304.04	313.49	311.62	310.29	307.16	306.4(0.82%)	N/A	N/A	0	-0.4	-48	-80	-65	5	0.15	63%	0.33	10.1	3.82%	0	0.2	48	INF
17	Jul_21_2016	274.94	304.71	313.04	314.18	313.15	310.1	303.9(-3%)	N/A	N/A	0	-0.7	-52	-80	-72	7	0.23	63%	0.36	25.6	3.85%	0	-0.1	50	INF
18	Jul_20_2016	273.96	304.83	311.78	317.3	316.17	313.42	313.3(-0.35%)	CR	SmallShort	-20	-0.3	-38	-70	-56	18	0.22	63%	0.45	36.9	3.83%	0	0.6	58	INF
19	Jul_19_2016	272.73	304.66	310.26	317.66	318.57	316.21	314.4(-1.78%)	CR	SmallShort	-20	-0.2	-23	-40	-41	32	0.13	65%	0.5	44.4	3.84%	0	0.6	65	INF
20	Jul_18_2016	271.36	303.94	308.31	319.48	318.89	318.92	320.1(0.28%)	N/A	N/A	0	0	-4	-0	-25	60	0.15	65%	0.51	51.6	3.9%	0	1.1	74	INF

21	Jul_15_2016	269.99	302.56	307.36	315.6	319.61	320.94	319.2(-0.09%)	UD	OpenLong	75	0.2	74	70	66	98	0.23	65%	0.52	44.8	3.94%	0	1.1	61	INF
22	Jul_14_2016	268.59	300.84	306.06	311.68	315.23	318.86	319.5(1.4%)	UT	OpenLong	75	0.5	66	110	62	79	0.22	65%	0.52	28	3.98%	0	1.3	49	INF
23	Jul_13_2016	267.19	299.27	304.01	305.34	309.37	318.29	315.1(-2.6%)	UD	OpenLong	75	0.7	120	240	131	86	0.39	65%	0.53	5.9	3.98%	0	1.1	53	INF
24	Jul_12_2016	265.77	298	300.93	301.7	303.88	311.61	323.5(7.58%)	UT	OpenLong	75	1.6	177	200	205	94	0.35	68%	0.49	-11.9	3.96%	0	1.8	53	INF
25	Jul_11_2016	264.48	296.32	294.94	295.78	296.82	300.44	300.7(0.37%)	UT	OpenLong	75	0.4	50	100	65	4	0.18	66%		-30.4	4.01%	0	0.3	51	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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