Trading Signals: ERX Stock Price Prediction and Forecast

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Tue. Apr. 11, 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 $329.4000 (-0.09%) ($319.1000 - $330.7000) on Tue. Apr. 11, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.65% (three month average)
RSI   65
Latest Price   $329.4000(-0.09%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 0.5% a day on average for past five trading days.
Weekly Trend   ERX advances 3.6% a week on average for past two weeks.
Market Behavior   Growth stock sell-off 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 -1.325% 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   -1.325% (StdDev 2.65%)
Hourly BBV 0 ()
Intraday Trend -0.4%

5 Day Moving Average   $325.2(1.29%)
10 Day Moving Average   $322.23(2.23%)
20 Day Moving Average   $315.89(4.28%)
To recent high   -15.9%
To recent low   11.6%
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 3% (three month std-dev: 2.65%) daily (68% of days).

Sample size 15 Average positive next day return: 1.05%(40%) Average negative next day return: -0.55%(60%) Sample size 15 Average positive next three day return: 1.96%(47%) Average negative next three day return: -1.43%(53%) Sample size 15 Average positive next weekly return: 3.66%(47%) Average negative next weekly return: -0.78%(53%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170511

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_11_2017	361.8	315.89	322.23	325.2	326.43	328.3	329.4(-0.09%)	UD	OpenLong	75	0.4	50	50	35	96	0.23	37%	-0.09	39.3	2.65%	0	1.4	65	INF
2	Apr_10_2017	362.12	314.59	320.11	323.66	325.98	326.9	329.7(2.39%)	UT	OpenLong	75	0.7	92	40	85	111	0.17	37%	-0.02	21.2	2.69%	0	1.7	64	INF
3	Apr_7_2017	362.19	313.77	316.77	320.7	322.92	324.55	322(-1.32%)	UD	OpenLong	75	0.2	32	60	22	61	0.14	34%	-0.03	-3.8	2.72%	0	1	54	INF
4	Apr_6_2017	362.3	313.32	314.6	319.7	320.29	325.06	326.3(2.42%)	UT	OpenLong	75	0.8	88	110	92	75	0.12	34%	-0.03	-23	2.74%	0	1.6	55	INF
5	Apr_5_2017	362.42	312.67	312.22	318.42	318.47	321.29	318.6(-0.96%)	UD	OpenLong	75	0	104	60	115	71	0.34	34%	-0.08	-47.5	2.71%	0	0.8	50	INF

6	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
7	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
8	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
9	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
10	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

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		-35.1	2.67%	0	-2.6	32	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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