Trading Signals: ERX Stock Price Prediction and Forecast

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Wed. Oct. 5, 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 $336.9000 (4.47%) ($331.2000 - $341.6000) on Wed. Oct. 5, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.86% (three month average)
RSI   63
Latest Price   $336.9000(4.47%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 1% a day on average for past five trading days.
Weekly Trend   ERX advances 5.9% a week on average for past two weeks.
Market Behavior   Value stock 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(73%)    IVE(72%)
Factors Impacting ERX price   ERX will decline at least -1.93% in a week (0% probabilities).
TLT(-23%)    VIXM(-22%)    UUP(-16%)    IPO(-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   -1.93% (StdDev 3.86%)
Hourly BBV 0 ()
Intraday Trend 1.6%

5 Day Moving Average   $329.04(2.39%)
10 Day Moving Average   $315.31(6.85%)
20 Day Moving Average   $310.84(8.38%)
To recent high   -3.9%
To recent low   27.3%
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 6.14% (three month std-dev: 3.86%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

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> 20161105

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	Oct_5_2016	303.77	310.84	315.31	329.04	331.07	331.33	336.9(4.47%)	UT	OpenLong	75	0.4	70	20	55	113	0.3	60%	0.18	21.7	3.86%	0	1.4	63	INF
2	Oct_4_2016	303.23	310.33	311.98	325.94	327.47	329.61	322.5(-2.92%)	UD	OpenLong	75	-0.2	58	60	41	108	0.34	58%	0.15	20.9	3.89%	0	0.7	64	INF
3	Oct_3_2016	302.79	310.36	308.45	318.48	321.67	330.8	332.2(-0.27%)	UD	OpenLong	75	0.7	167	230	178	135	0.31	58%	0.22	10.2	3.91%	0	1.2	61	INF
4	Sep_30_2016	302.12	309.2	304.36	310.16	309.38	325.34	333.1(3.93%)	UT	OpenLong	75	1.3	213	350	244	121	0.43	58%	0.19	-3.6	3.91%	0	1.3	50	INF
5	Sep_29_2016	301.54	307.59	300.12	302.46	300.62	312.54	320.5(-0.28%)	UD	OpenLong	75	1	246	260	292	106	0.72	59%	0.15	-20.4	3.89%	0	0.7	50	INF

6	Sep_28_2016	301.08	306.76	297.87	299.8	295.25	293.43	321.4(12.69%)	RB	SmallLong	20	1.3	33	-90	50	-20	0.79	62%	0.17	-29.7	3.95%	0	0.9	41	INF
7	Sep_27_2016	300.57	306.51	294.56	296.6	297.25	288.7	285.2(-1.86%)	DT	OpenShort	-75	-0.7	-142	-190	-146	-130	0.41	53%	0.09	-37	3.76%	0	-1.2	37	INF
8	Sep_26_2016	300.31	308.44	296.13	296.78	301.49	297.08	290.6(-1.36%)	DT	OpenShort	-75	-0.4	-109	-50	-105	-122	0.28	53%	0.07	-37.8	3.91%	0	-1.1	41	INF
9	Sep_23_2016	300.1	309.84	299.73	297.22	300.48	305.81	294.6(-4.1%)	DT	HoldShort	-50	-0.2	-15	160	3	-68	0.39	50%	0.07	-42.4	4.13%	0	-0.9	47	INF
10	Sep_22_2016	299.88	311.17	302.13	296.94	299.93	305.9	307.2(0.59%)	UT	OpenLong	75	0.6	128	170	169	4	0.31	50%	0.14	-49	4.15%	0	-0.3	53	INF

11	Sep_21_2016	299.46	311.93	305.93	295.62	294.82	295.15	305.4(6.75%)	N/A	N/A	0	0.6	6	-0	22	-41	0.42	52%	0.1	-50.4	4.15%	0	-0.4	52	INF
12	Sep_20_2016	299.17	312.96	308.36	292.62	294.48	293.95	286.1(-2.29%)	DT	OpenShort	-75	-0.4	-32	10	-22	-62	0.41	49%	-0.05	-52.6	4.09%	0	-1.7	42	INF
13	Sep_19_2016	299.31	314.86	312.5	295.48	296	294.49	292.8(-0.14%)	DT	OpenShort	-75	-0.2	-45	-30	-40	-61	0.38	49%	-0.02	-50.5	4.09%	0	-1.5	42	INF
14	Sep_16_2016	299.38	316.85	314.64	302.74	298.95	295.01	293.2(-2.46%)	DT	OpenShort	-75	-0.7	-87	-130	-93	-67	0.36	49%	-0.03	-32.6	4.11%	0	-1.6	45	INF
15	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	INF

16	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	INF
17	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	INF
18	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	INF
19	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	INF
20	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	INF

21	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	INF
22	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	INF
23	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	INF
24	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	INF
25	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%		61.5	3.85%	0	-0.6	55	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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