Trading Signals: ERX Stock Price Prediction and Forecast

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

Mon. Feb. 13, 2017

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 $365.4000 (0.38%) ($359.6000 - $366.2000) on Mon. Feb. 13, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.27% (three month average)
RSI   41
Latest Price   $365.4000(0.38%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 0.5% a day on average for past five trading days.
Weekly Trend   ERX declines -3.4% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Value stock 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 -1.635% in a week (0% probabilities).
TLT(-23%)    VIXM(-22%)    UUP(-17%)    IPO(-5%)    IGOV(-5%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.635% (StdDev 3.27%)
Hourly BBV 0 ()
Intraday Trend 0.9%

1 - 5 Day Possible Target   $349.59(-4.33%)
Resistance Level   $368.53
5 Day Moving Average   $354.36(3.12%)
10 Day Moving Average   $356.37(2.53%)
20 Day Moving Average   $368.53(-0.85%)
To recent high   -16.1%
To recent low   14.4%
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 4.25% (three month std-dev: 3.27%) daily (68% of days).

Sample size 5 Average positive next day return: 2.19%(40%) Average negative next day return: -0.46%(60%) Sample size 5 Average positive next three day return: 2.4%(40%) Average negative next three day return: -2.06%(60%) Sample size 5 Average positive next weekly return: 5.61%(40%) Average negative next weekly return: -4%(60%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170313

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	Feb_13_2017	359.81	368.53	356.37	354.36	355.09	363.95	365.4(0.38%)	N/A	N/A	0	0.7	82	180	115	-17	0.16	58%	0.2	-50.6	3.27%	0	-0.2	41	0
2	Feb_10_2017	359.08	369.37	355.6	352.64	350.96	359.13	364(2.28%)	UT	OpenLong	75	0.7	150	150	198	6	0.23	53%	0.16	-59.9	3.34%	0	-0.3	47	0
3	Feb_9_2017	358.5	370.47	356.82	353.16	350.3	346.23	355.9(3.25%)	N/A	N/A	0	0.2	6	-110	29	-64	0.19	57%	0.15	-64	3.33%	0	-0.9	39	0
4	Feb_8_2017	357.98	372.24	360.08	353.46	352.74	342.8	344.7(0.85%)	DP	OpenShort	-75	-0.5	-194	-200	-207	-154	0.27	57%	0.17	-68	3.37%	0	-1.7	36	0
5	Feb_7_2017	357.37	374.09	364.65	354.78	356.43	354.38	341.8(-4.2%)	DT	OpenShort	-75	-0.9	-145	-30	-151	-127	0.32	60%	0.14	-81.9	3.37%	0	-2.1	33	0

6	Feb_6_2017	356.87	376.62	369.05	358.26	358.92	362.69	356.8(-2.67%)	N/A	N/A	0	-0.1	46	80	72	-31	0.16	64%	0.19	-89.3	3.4%	0	-1.5	36	0
7	Feb_3_2017	356.21	379.16	370.77	358.72	357.7	358.48	366.6(2.57%)	N/A	N/A	0	0.6	19	10	41	-48	0.21	64%	0.19	-83.1	3.39%	0	-0.9	43	0
8	Feb_2_2017	355.53	381.16	372.55	361.3	358.13	355.15	357.4(1.74%)	DP	OpenShort	-75	-0.3	-102	-80	-102	-100	0.2	61%	0.19	-73.7	3.38%	0	-1.6	37	0
9	Feb_1_2017	354.84	383.76	375.02	368.18	365.36	356.93	351.3(-2.2%)	DT	OpenShort	-75	-1.1	-143	-180	-154	-109	0.28	61%	0.15	-64.7	3.41%	0	-2.1	31	0
10	Jan_31_2017	354.31	386.9	378.83	376.2	374.46	361.1	359.2(0.03%)	DP	OpenShort	-75	-1.2	-232	-260	-266	-131	0.21	61%	0.09	-54.9	3.39%	0	-1.9	43	0

11	Jan_30_2017	354	389	382.01	381.34	382.52	373.79	359.1(-5.38%)	DT	OpenShort	-75	-1.7	-212	-150	-246	-110	0.27	61%	0.11	-56.5	3.42%	0	-2.3	38	0
12	Jan_27_2017	353.6	391.27	384.7	384.06	386.69	387.83	379.5(-3.14%)	DT	OpenShort	-75	-0.4	-36	40	-38	-31	0.19	66%	0.08	-64.2	3.35%	0	-1.1	37	0
13	Jan_26_2017	353.3	392.59	385.49	385.2	385.08	391.25	391.8(0.1%)	UT	OpenLong	75	0.6	83	110	104	20	0.14	66%	0.17	-64.8	3.32%	0	-0.1	41	0
14	Jan_25_2017	352.69	393.82	385.33	383.04	383.43	385.55	391.4(1.69%)	UT	OpenLong	75	0.7	88	40	114	11	0.14	66%	0.19	-65.6	3.32%	0	-0.2	40	0
15	Jan_24_2017	352.01	394.93	384.1	382.28	382.01	378.91	384.9(3.27%)	DP	OpenShort	-75	0.2	-53	-60	-47	-70	0.2	66%	0.1	-62.3	3.33%	0	-0.8	35	0

16	Jan_23_2017	351.67	396.52	384.56	383.22	383.07	381.31	372.7(-3.25%)	DT	OpenShort	-75	-0.8	-89	-30	-89	-90	0.28	66%	0.18	-58.6	3.31%	0	-1.8	39	0
17	Jan_20_2017	351.03	398.59	388.04	385.34	386.24	385.1	385.2(1.1%)	DP	OpenShort	-65	-0	-3	-10	11	-43	0.17	66%	0.24	-55.1	3.29%	0	-1.1	41	0
18	Jan_19_2017	350.18	399.86	390.17	385.7	385.45	384.83	381(-1.7%)	DT	OpenShort	-75	-0.4	-64	-10	-61	-71	0.17	68%	0.23	-61.4	3.29%	0	-1.5	37	0
19	Jan_18_2017	349.39	401.5	392.95	387.82	387.52	387.38	387.6(-0.51%)	N/A	N/A	0	-0	7	-0	21	-37	0.15	68%	0.21	-62.7	3.32%	0	-1.1	34	0
20	Jan_17_2017	348.67	403.06	395.38	386.14	387.64	386.07	389.6(1.64%)	DP	OpenShort	-75	0.3	-26	-20	-16	-57	0.16	68%	0.29	-67.2	3.32%	0	-1.1	37	0

21	Jan_13_2017	347.66	404.23	396.38	386.26	386.77	387.66	383.3(-0.96%)	DT	OpenShort	-75	-0.2	-63	20	-57	-82	0.14	68%	0.18	-67.4	3.3%	0	-1.7	33	0
22	Jan_12_2017	347.02	405.59	398.4	391.26	389.61	389.22	387(-1.17%)	DT	HoldShort	-50	-0.4	-6	-20	8	-49	0.19	68%	0.19	-60.9	3.31%	0	-1.7	38	0
23	Jan_11_2017	346.36	407.98	400.36	395.48	393.59	385.89	391.6(3.27%)	DP	OpenShort	-75	-0.4	-111	-150	-117	-91	0.29	68%	0.19	-38.9	3.31%	0	-1.6	41	0
24	Jan_10_2017	345.69	409.48	403.02	399.06	399.1	390	379.2(-2.82%)	DT	OpenShort	-75	-1.7	-213	-160	-240	-130	0.19	69%	0.17	-17.6	3.32%	0	-2.7	32	0
25	Jan_9_2017	345.1	411.41	406.82	405.86	405.69	401.3	390.2(-4.43%)	DT	OpenShort	-75	-1.7	-127	-80	-144	-76	0.23	69%		11.6	3.34%	0	-2.3	33	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.