Trading Signals: ERX Stock Price Prediction and Forecast

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Thu. Aug. 31, 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 $225.8000 (1.62%) ($223.2000 - $227.4000) on Thu. Aug. 31, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.69% (three month average)
RSI   37
Latest Price   $225.8000(1.62%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 0.3% a day on average for past five trading days.
Weekly Trend   ERX declines -1% a week on average for past two weeks.
Market Behavior   Broad based 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(74%)    IVE(73%)
Factors Impacting ERX price   ERX will decline at least -1.345% 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   -1.345% (StdDev 2.69%)
Hourly BBV 0 ()
Intraday Trend 0.9%

Resistance Level   $230.16
5 Day Moving Average   $223.88(0.86%)
10 Day Moving Average   $222.17(1.63%)
20 Day Moving Average   $230.16(-1.89%)
To recent high   -18.6%
To recent low   4.7%
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 5.74% (three month std-dev: 2.69%) daily (68% of days).

Sample size 2 Average positive next day return: 0%(0%) Average negative next day return: -0.85%(100%) Sample size 2 Average positive next three day return: 0.61%(50%) Average negative next three day return: -2.98%(50%) Sample size 2 Average positive next weekly return: 0%(0%) Average negative next weekly return: -4.89%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20171001

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_31_2017	260.24	230.16	222.17	223.88	222.73	223.05	225.8(1.62%)	RB	SmallLong	20	0.1	30	-10	41	-5	0.14	42%	-0.39	-71.3	2.69%	0	-0.3	37	INF
2	Aug_30_2017	261.25	231.5	221.18	223.3	223.04	220.74	222.2(0.14%)	DP	OpenShort	-75	-0.1	-43	-80	-36	-63	0.15	40%	-0.42	-68.5	2.68%	0	-0.6	29	INF
3	Aug_29_2017	262.35	233.57	221.45	223.46	223.37	222.42	221.9(-0.49%)	DT	OpenShort	-75	-0.1	-65	-30	-56	-92	0.14	40%	-0.42	-61.4	2.72%	0	-0.7	25	INF
4	Aug_28_2017	263.45	235.81	222.39	223.12	223.65	225.34	223(-1.55%)	N/A	N/A	0	-0	11	60	38	-71	0.19	40%	-0.38	-56.6	2.74%	0	-0.7	26	INF
5	Aug_25_2017	264.46	238.02	223.44	221.64	222.31	224.32	226.5(1.62%)	N/A	N/A	0	0.3	36	70	74	-79	0.13	37%	-0.38	-53	2.73%	0	-0.6	27	INF

6	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
7	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
8	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
9	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
10	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

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		50.3	2.93%	0	1.6	72	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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