Trading Signals: ERX Stock Price Prediction and Forecast

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

Wed. Aug. 24, 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 $323.1000 (-1.1%) ($320.3500 - $327.8000) on Wed. Aug. 24, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.87% (three month average)
RSI   70
Latest Price   $323.1000(-1.1%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 0.2% a day on average for past five trading days.
Weekly Trend   ERX advances 5.4% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off 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(-17%)    IBUY(-7%)    IGOV(-5%)
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 0.3%

5 Day Moving Average   $328.34(-1.6%)
10 Day Moving Average   $320.98(0.66%)
20 Day Moving Average   $305.26(5.84%)
To recent high   -4.6%
To recent low   23%
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 6.42% (three month std-dev: 3.87%) daily (68% of days).

Sample size 6 Average positive next day return: 1.03%(17%) Average negative next day return: -2.26%(83%) Sample size 6 Average positive next three day return: 4.78%(17%) Average negative next three day return: -4.53%(83%) Sample size 6 Average positive next weekly return: 14.29%(17%) Average negative next weekly return: -3.84%(83%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20160924

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_24_2016	291.65	305.26	320.98	328.34	325.58	323.68	323.1(-1.1%)	UD	OpenLong	75	-0.3	21	-70	0	84	0.31	59%	0.38	46.6	3.87%	0	0.9	70	INF
2	Aug_23_2016	290.56	303.33	318.03	327.72	327.5	322.58	326.7(1.55%)	N/A	N/A	0	-0.1	-18	-110	-47	68	0.3	59%	0.37	40	3.87%	0	1.2	70	INF
3	Aug_22_2016	289.48	301.59	315.42	325.78	325.75	327.49	321.7(-2.99%)	N/A	N/A	0	-0.2	-18	40	-50	78	0.33	59%	0.34	33.8	3.86%	0	1.1	75	INF
4	Aug_19_2016	288.51	299.89	313.75	324.46	324.28	332.43	331.6(-2.07%)	UD	OpenLong	75	0.4	161	170	155	179	0.28	59%	0.34	24.9	3.85%	0	1.8	82	INF
5	Aug_18_2016	287.53	298.4	309.93	319.8	319.44	324.01	338.6(5.81%)	UT	OpenLong	75	1.1	164	100	161	172	0.39	59%	0.37	15.8	3.83%	0	2.4	64	INF

6	Aug_17_2016	286.48	296.4	304.52	312.74	313.49	316.13	320(0.95%)	UT	OpenLong	75	0.5	74	70	61	114	0.39	57%	0.3	-0.6	3.8%	0	1.7	63	INF
7	Aug_16_2016	285.61	295.83	301.2	306.94	309.17	314.86	317(0.6%)	UT	OpenLong	75	0.7	100	150	95	113	0.32	58%	0.31	-12.8	3.8%	0	1.5	63	INF
8	Aug_15_2016	284.74	295.48	296.74	303.54	304.53	310.85	315.1(2.21%)	UT	OpenLong	75	0.8	116	160	120	103	0.32	58%	0.11	-22.5	3.84%	0	1.4	57	INF
9	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
10	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

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		25.6	3.85%	0	-0.1	50	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

Click to see actual return for next trading day.