Trading Signals: ERX Stock Price Prediction and Forecast

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

Thu. Sep. 15, 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 $300.6000 (3.51%) ($291.5000 - $306.9000) on Thu. Sep. 15, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.1% (three month average)
RSI   46
Latest Price   $300.6000(3.51%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX declines -3.1% 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   Broad based rally for large cap. Broad based rally 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 -2.05% in a week (0% probabilities).
TLT(-23%)    VIXM(-22%)    UUP(-16%)    IBUY(-7%)    IGOV(-5%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.05% (StdDev 4.1%)
Hourly BBV 0 ()
Intraday Trend 2.2%

Resistance Level   $319.14
5 Day Moving Average   $308.1(-2.43%)
10 Day Moving Average   $316.01(-4.88%)
20 Day Moving Average   $319.14(-5.81%)
To recent high   -14.2%
To recent low   14.4%
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 4.42% (three month std-dev: 4.1%) daily (68% of days).

Sample size 5 Average positive next day return: 5.78%(60%) Average negative next day return: -0.87%(40%) Sample size 5 Average positive next three day return: 5.4%(40%) Average negative next three day return: -1.64%(60%) Sample size 5 Average positive next weekly return: 8.2%(60%) Average negative next weekly return: -1.64%(40%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20161015

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	Sep_15_2016	299.47	319.14	316.01	308.1	306.42	297.51	300.6(3.51%)	DP	OpenShort	-75	-0.5	-126	-220	-141	-80	0.39	49%	-0.05	-12.4	4.1%	0	-1.3	46	0
2	Sep_14_2016	299.62	320.22	316.74	318.08	314.66	302.89	290.4(-3.33%)	DT	OpenShort	-75	-2.1	-215	-290	-251	-107	0.58	49%	-0.03	17.4	4.08%	0	-2.2	41	0
3	Sep_13_2016	299.7	321.74	319.93	326.4	326.35	315.33	300.4(-8.72%)	DT	OpenShort	-75	-2.3	-153	-240	-184	-61	0.54	49%	0.05	47.6	4.06%	0	-1.8	43	0
4	Sep_12_2016	299.55	322.64	322.4	331.58	331.74	326.43	329.1(2.84%)	DP	OpenShort	-75	-0.2	-106	-110	-133	-26	0.39	53%	0.12	71.3	3.9%	0	0.6	54	0
5	Sep_9_2016	299.2	321.64	321.17	328.06	331.49	337.38	320(-8.7%)	UD	OpenLong	75	-0.7	45	160	49	32	0.45	50%	0.12	66.8	3.98%	0	-0.2	46	0

6	Sep_8_2016	298.83	320.9	321.23	324.66	326.28	337.06	350.5(5.57%)	UT	OpenLong	75	2.2	210	250	248	94	0.38	54%	0.21	62.2	3.83%	0	2.5	53	0
7	Sep_7_2016	298.19	317.91	318.11	315.54	315.58	325.61	332(1.75%)	UT	OpenLong	75	1.5	146	220	180	43	0.3	54%	0.18	43.1	3.77%	0	1.3	56	0
8	Sep_6_2016	297.66	316.32	317.33	313	310.32	315.5	326.3(4.75%)	UT	OpenLong	75	1.2	100	90	127	19	0.37	57%	0.37	48.6	3.85%	0	0.9	55	0
9	Sep_2_2016	296.57	315.25	316.72	312.36	310.79	305.55	311.5(2.81%)	DP	OpenShort	-75	-0.1	-17	-130	-11	-35	0.29	55%	0.17	60.7	3.86%	0	-0.3	50	0
10	Sep_1_2016	296.08	314.5	318.65	313.5	312.71	305.14	303(-0.62%)	DT	OpenShort	-75	-0.8	-162	-180	-185	-93	0.38	55%	0.14	57.3	3.85%	0	-0.9	50	0

11	Aug_31_2016	295.66	313.84	322.22	317	317.54	316.03	304.9(-4.51%)	DT	OpenShort	-75	-0.8	-69	-30	-83	-27	0.34	55%	0.16	61.5	3.85%	0	-0.6	55	0
12	Aug_30_2016	295.18	313.14	323.97	320.64	320.41	320.28	319.3(-1.18%)	UD	OpenLong	75	-0.1	18	-0	12	34	0.28	57%	0.29	60.7	3.81%	0	0.4	70	0
13	Aug_29_2016	294.34	310.92	323.87	322.12	320.62	319.05	323.1(1.86%)	N/A	N/A	0	0.1	-16	-50	-31	30	0.26	57%	0.29	50.2	3.83%	0	0.6	64	0
14	Aug_26_2016	293.5	308.17	323.16	321.84	322.11	320.54	317.2(-1.03%)	N/A	N/A	0	-0.2	-12	-30	-28	36	0.41	57%	0.32	44.6	3.83%	0	0.5	58	0
15	Aug_25_2016	292.57	307.01	322.49	324.72	322.38	322.19	320.5(-0.8%)	CR	SmallShort	-20	-0.2	-27	-30	-50	43	0.26	59%	0.32	45.6	3.83%	0	0.7	65	0

16	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	0
17	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	0
18	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	0
19	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	0
20	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	0

21	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	0
22	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	0
23	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	0
24	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	0
25	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%		-19.2	3.87%	0	0.5	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

Click to see actual return for next trading day.