Trading Signals: ERX Stock Price Prediction and Forecast

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Tue. Apr. 4, 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 $321.7000 (2.16%) ($307.6000 - $322.2000) on Tue. Apr. 4, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.71% (three month average)
RSI   47
Latest Price   $321.7000(2.16%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 0.9% a day on average for past five trading days.
Weekly Trend   ERX advances 0.7% a week on average for past two weeks.
Market Behavior   Normal for large cap. Growth stock 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 -1.355% 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   -1.355% (StdDev 2.71%)
Hourly BBV 0 ()
Intraday Trend 1.8%

5 Day Moving Average   $318.82(0.9%)
10 Day Moving Average   $310.98(3.45%)
20 Day Moving Average   $312.2(3.04%)
To recent high   -21.4%
To recent low   9%
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 2.85% (three month std-dev: 2.71%) 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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> 20170504

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	Apr_4_2017	362.7	312.2	310.98	318.82	317.66	315.51	321.7(2.16%)	UT	OpenLong	75	0.3	15	-60	13	21	0.22	34%	0.01	-61.8	2.71%	0	1.1	47	INF
2	Apr_3_2017	362.68	312.72	309.5	316	316.84	315.65	314.9(-0.66%)	DT	OpenShort	-75	-0.1	-28	-20	-35	-6	0.24	38%	0	-56.1	2.69%	0	0.2	58	INF
3	Mar_31_2017	362.68	314.08	309.42	312.04	313.88	319.81	317(-0.91%)	UD	OpenLong	75	0.4	88	150	106	35	0.22	38%	-0.04	-56.3	2.74%	0	0.2	51	INF
4	Mar_30_2017	362.83	315.19	309.23	308.5	307.96	318.04	319.9(-0.22%)	UD	OpenLong	75	0.8	206	220	248	79	0.22	38%	-0.02	-53.9	2.76%	0	0.3	53	INF
5	Mar_29_2017	362.91	316.26	308.72	305.08	302.77	307.94	320.6(4.23%)	UT	OpenLong	75	1	172	100	212	52	0.25	38%	0.02	-51	2.76%	0	0.3	53	INF

6	Mar_28_2017	362.83	317.78	308.71	302.26	300.63	297.89	307.6(4.24%)	DP	OpenShort	-75	0.3	-13	-80	-5	-38	0.19	34%	-0.01	-49.5	2.7%	0	-0.6	50	INF
7	Mar_27_2017	362.87	319.14	308.41	302.34	301.54	297.6	295.1(-1.4%)	DT	OpenShort	-75	-0.4	-162	-100	-174	-127	0.18	28%	0.01	-53.3	2.65%	0	-1.4	29	INF
8	Mar_24_2017	362.84	321.37	310.51	306.4	306.4	303.38	299.3(-1.16%)	DT	OpenShort	-75	-0.4	-84	-70	-81	-94	0.18	28%	0.01	-51.6	2.65%	0	-1.4	27	INF
9	Mar_23_2017	362.82	322.96	312.09	309.9	309.26	305.48	302.8(-1.21%)	DT	OpenShort	-75	-0.5	-119	-90	-120	-114	0.15	28%	0.03	-53.8	2.67%	0	-1.3	31	INF
10	Mar_22_2017	362.72	324.79	313.4	312.72	312.73	309.43	306.5(-0.49%)	DT	OpenShort	-75	-0.4	-117	-70	-116	-121	0.18	28%	0.01	-59	2.67%	0	-1.2	31	INF

11	Mar_21_2017	362.7	326.27	313.84	316.08	316.35	313.04	308(-2.35%)	DT	OpenShort	-75	-0.5	-77	-70	-64	-117	0.22	28%	0.01	-62.3	2.68%	0	-1.2	28	INF
12	Mar_20_2017	362.66	328.42	316.46	315.26	317.24	316.03	315.42(-0.44%)	DT	OpenShort	-75	0	-59	-10	-41	-112	0.14	28%	0.01	-69.9	2.67%	0	-0.9	43	INF
13	Mar_17_2017	362.64	329.85	319.23	315.2	314.82	319.66	316.8(-0.03%)	N/A	N/A	0	0.1	7	100	36	-79	0.14	28%	-0	-76.5	2.65%	0	-0.9	42	INF
14	Mar_16_2017	362.65	331.46	321.59	314.64	313.77	318.44	316.9(-1.98%)	N/A	N/A	0	0.2	123	100	170	-20	0.2	28%	-0.01	-79.3	2.68%	0	-1	47	INF
15	Mar_15_2017	362.68	333.76	324.23	314.26	312.8	309.98	323.3(6.38%)	N/A	N/A	0	0.6	16	-80	44	-70	0.28	28%	0.01	-69.9	2.68%	0	-0.7	45	INF

16	Mar_14_2017	362.63	335.95	327.16	311.54	310.9	309.1	303.9(-3.55%)	DT	OpenShort	-75	-0.4	-192	-50	-199	-171	0.28	17%	-0.06	-62.1	2.54%	0	-1.8	39	INF
17	Mar_13_2017	362.83	339.06	330.52	317.9	315.58	315.62	315.1(0.35%)	DP	OpenShort	-75	-0.2	-50	-20	-36	-90	0.15	18%	-0.03	-53.3	2.62%	0	-1.4	36	INF
18	Mar_10_2017	362.94	341.53	333	324.04	322.34	312.69	314(-0.32%)	DT	OpenShort	-75	-0.6	-133	-230	-140	-112	0.21	18%	-0.05	-45.5	2.66%	0	-1.7	40	INF
19	Mar_9_2017	363.13	343.71	334.8	329.7	328.82	315.54	315(1.71%)	DP	OpenShort	-75	-0.9	-370	-290	-421	-216	0.32	18%	-0.05	-39.9	2.68%	0	-1.9	39	INF
20	Mar_8_2017	363.32	345.37	337.37	335.68	337.79	331.99	309.7(-7.75%)	DT	OpenShort	-75	-1.9	-252	-100	-284	-156	0.41	18%	-0.03	-35.1	2.67%	0	-2.6	32	INF

21	Mar_7_2017	363.42	347.21	340.25	344.84	344.44	342.1	335.7(-2.92%)	DT	OpenShort	-75	-0.8	-55	-50	-55	-54	0.19	21%	0.06	-28.6	2.5%	0	-1	36	INF
22	Mar_6_2017	363.22	348.28	341.77	344.74	346.56	343.6	345.8(1.02%)	DP	OpenShort	-75	0.1	-44	-40	-39	-57	0.14	23%	0.07	-30.4	2.5%	0	-0.2	41	INF
23	Mar_3_2017	362.96	349.24	341.52	343.32	344.79	346.79	342.3(-0.75%)	DT	OpenShort	-75	-0.1	-32	50	-20	-68	0.14	23%	0.05	-37.1	2.5%	0	-0.6	41	INF
24	Mar_2_2017	362.79	350	342.13	340.7	342.4	349.51	344.9(-2.98%)	UD	OpenLong	75	0.4	143	160	190	1	0.17	23%	0.04	-56.3	2.52%	0	-0.4	46	INF
25	Mar_1_2017	362.66	350.35	343.83	339.44	337.83	342.8	355.5(6.06%)	UT	OpenLong	75	1.4	142	90	187	5	0.33	25%		-75.1	2.5%	0	0.4	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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