Trading Signals: ERX Stock Price Prediction and Forecast

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

Thu. Aug. 24, 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 $222.9000 (-0.04%) ($220.3000 - $224.7400) on Thu. Aug. 24, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.8% (three month average)
RSI   20
Latest Price   $222.9000(-0.04%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 0.7% a day on average for past five trading days.
Weekly Trend   ERX declines -6.1% a week on average for past two weeks.
Market Behavior   Broad based 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(73%)
Factors Impacting ERX price   ERX will decline at least -1.4% in a week (0% probabilities).
TLT(-23%)    VIXM(-22%)    UUP(-18%)    IGOV(-5%)    SHY(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.4% (StdDev 2.8%)
Hourly BBV 0 ()
Intraday Trend 0.6%

Resistance Level   $239.98
5 Day Moving Average   $220.2(1.23%)
10 Day Moving Average   $224.34(-0.64%)
20 Day Moving Average   $239.98(-7.12%)
To recent high   -21.5%
To recent low   3.4%
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 7.88% (three month std-dev: 2.8%) daily (68% of days).

Sample size 10 Average positive next day return: 2.82%(10%) Average negative next day return: -1.68%(90%) Sample size 10 Average positive next three day return: 4.54%(20%) Average negative next three day return: -4.42%(80%) Sample size 10 Average positive next weekly return: 3.78%(10%) Average negative next weekly return: -7.11%(90%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170924

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	Aug_24_2017	265.48	239.98	224.34	220.2	219.9	221.96	222.9(-0.04%)	N/A	N/A	0	0.1	6	60	45	-112	0.15	37%	-0.36	-50.3	2.8%	0	-0.9	20	INF
2	Aug_23_2017	266.45	242.24	226.1	218.76	218.85	220.31	223(1.27%)	N/A	N/A	0	0.2	2	50	46	-129	0.18	37%	-0.38	-51.2	2.8%	0	-1	23	INF
3	Aug_22_2017	267.46	244.14	228.65	219.26	218.49	217.84	220.2(2.13%)	DP	OpenShort	-75	0.1	-63	-30	-27	-169	0.19	37%	-0.36	-52.3	2.8%	0	-1.3	17	INF
4	Aug_21_2017	268.43	246.19	231.51	221.72	221.04	217.4	215.6(-1.69%)	DT	HoldShort	-65	-0.3	-116	-120	-88	-199	0.15	37%	-0.38	-49.9	2.78%	0	-1.7	10	INF
5	Aug_18_2017	269.46	248.08	235.03	225.56	225.19	219.15	219.3(1.67%)	DP	OpenShort	-75	-0.4	-176	-190	-160	-222	0.26	40%	-0.38	-49.9	2.83%	0	-1.8	11	INF

6	Aug_17_2017	270.49	249.88	238.81	229.14	230.02	224.69	215.7(-4.35%)	DT	HoldShort	-65	-0.9	-195	-150	-185	-225	0.33	39%	-0.39	-49.5	2.81%	0	-2.3	9	INF
7	Aug_16_2017	271.56	252.22	242.83	234.4	234.91	231.24	225.5(-3.01%)	DT	HoldShort	-65	-0.7	-151	-100	-136	-195	0.26	41%	-0.3	-44.8	2.79%	0	-2.1	10	INF
8	Aug_15_2017	272.39	254.14	246.87	239.38	239.31	235.36	232.5(-0.98%)	DT	OpenShort	-75	-0.6	-128	-120	-116	-163	0.27	42%	-0.23	-34.1	2.77%	0	-2	27	INF
9	Aug_14_2017	273.03	255.21	250.48	242.82	243.67	238.58	234.8(-1.01%)	DT	OpenShort	-75	-0.8	-132	-140	-127	-146	0.17	42%	-0.24	-26.6	2.79%	0	-2.1	29	INF
10	Aug_11_2017	273.69	256.33	253.91	245.98	246.87	243.26	237.2(-1.98%)	DT	OpenShort	-75	-1	-141	-90	-145	-127	0.21	42%	-0.24	-13.8	2.78%	0	-2.2	43	INF

11	Aug_10_2017	274.36	257.35	257	249.98	250.03	248.76	242(-3.35%)	DT	OpenShort	-75	-1.1	-64	-30	-63	-66	0.24	44%	-0.24	8.3	2.78%	0	-2.1	45	INF
12	Aug_9_2017	275.02	257.94	259.76	252.5	252.37	250.48	250.4(0.28%)	DP	OpenShort	-75	-0.3	-45	-50	-46	-41	0.17	46%	-0.21	25.8	2.79%	0	-1.1	44	INF
13	Aug_8_2017	275.61	257.91	260.88	255.6	254.52	251.29	249.7(-0.36%)	DT	OpenShort	-75	-0.8	-89	-100	-102	-50	0.24	46%	-0.24	36.2	2.81%	0	-1.1	41	INF
14	Aug_7_2017	276.28	257.82	262.04	259.44	258.12	254.26	250.6(-2.57%)	DT	OpenShort	-75	-1.1	-96	-120	-117	-32	0.21	46%	-0.24	36.6	2.82%	0	-0.9	53	INF
15	Aug_4_2017	276.95	257.52	262.25	263.1	262.35	257.74	257.2(1.02%)	DP	OpenShort	-75	-0.7	-88	-130	-112	-17	0.19	46%	-0.22	41.6	2.87%	0	-0	54	INF

16	Aug_3_2017	277.56	256.73	261.9	265.12	265.48	261.98	254.6(-4.25%)	DT	OpenShort	-75	-1.2	-88	-90	-114	-11	0.34	46%	-0.25	41.3	2.95%	0	-0.2	52	INF
17	Aug_2_2017	278.26	256.14	262.49	267.96	267.72	266.96	265.9(-1.12%)	N/A	N/A	0	-0.2	-12	-20	-30	43	0.32	48%	-0.14	47.5	2.9%	0	1.1	64	INF
18	Aug_1_2017	278.65	255.29	262.04	266.86	267.48	268.99	268.9(0%)	UT	HoldLong	50	0.2	40	50	29	73	0.21	48%	-0.17	48.6	2.9%	0	1.5	69	INF
19	Jul_31_2017	279.12	255	260.26	265.04	265.97	268.47	268.9(0.6%)	UT	OpenLong	75	0.4	78	80	75	88	0.24	48%	-0.16	55.7	2.93%	0	1.6	70	INF
20	Jul_28_2017	279.58	254.02	258.77	261.28	263.78	265.98	267.3(-0.56%)	UD	OpenLong	75	0.7	91	90	92	89	0.29	48%	-0.17	50.3	2.93%	0	1.6	72	INF

21	Jul_27_2017	280.07	253	257.49	258.24	259.74	263.46	268.8(3.23%)	UT	OpenLong	75	1.4	63	120	59	74	0.28	46%	-0.15	47.9	2.93%	0	2	75	INF
22	Jul_26_2017	280.49	251.83	255.67	256.36	257.56	261.59	260.4(0.23%)	UT	OpenLong	75	0.6	94	120	95	89	0.32	45%	-0.27	50	2.92%	0	1.2	69	INF
23	Jul_25_2017	281.26	250.94	254.44	256.64	257.51	256.01	259.8(3.88%)	UT	OpenLong	75	0.5	62	-30	57	76	0.31	46%	-0.31	45.1	2.93%	0	1.3	58	INF
24	Jul_24_2017	282.13	250.12	253.06	254.86	256.49	253.54	250.1(-0.79%)	DT	OpenShort	-75	-0.7	-79	-60	-102	-10	0.16	44%	-0.33	25.5	2.91%	0	-0	38	INF
25	Jul_21_2017	283.07	249.9	252.4	255.76	257.01	259	252.1(-2.81%)	N/A	N/A	0	-0.5	-2	70	-11	25	0.18	44%		13.5	2.91%	0	0.3	52	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

Click to see actual return for next trading day.