Trading Signals: ERX Stock Price Prediction and Forecast

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

Wed. Sep. 6, 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 $247.4000 (4.83%) ($239.1000 - $249.5000) on Wed. Sep. 6, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.73% (three month average)
RSI   65
Latest Price   $247.4000(4.83%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 2.2% a day on average for past five trading days.
Weekly Trend   ERX advances 3.2% 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(73%)
Factors Impacting ERX price   ERX will decline at least -1.365% 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   -1.365% (StdDev 2.73%)
Hourly BBV 0 ()
Intraday Trend 3.4%

5 Day Moving Average   $232.66(6.34%)
10 Day Moving Average   $228.44(8.3%)
20 Day Moving Average   $228.58(8.23%)
To recent high   -10.8%
To recent low   14.7%
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 4.26% (three month std-dev: 2.73%) daily (68% of days).

Sample size 2 Average positive next day return: 3.8%(100%) Average negative next day return: 0%(0%) Sample size 2 Average positive next three day return: 1.17%(50%) Average negative next three day return: -5.16%(50%) Sample size 2 Average positive next weekly return: 0%(0%) Average negative next weekly return: -3.76%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20171006

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	Sep_6_2017	258.17	228.58	228.44	232.66	233.41	239.62	247.4(4.83%)	UT	OpenLong	75	1.5	198	200	212	154	0.3	49%	-0.21	-50.2	2.73%	0	1.9	65	INF
2	Sep_5_2017	258.72	228.48	225.57	227.56	227.71	232.38	236(1.77%)	UT	OpenLong	75	0.8	132	150	146	90	0.3	45%	-0.29	-71.3	2.7%	0	0.8	50	INF
3	Sep_1_2017	259.47	229.05	223.49	224.96	223.97	227.2	231.9(2.7%)	UT	OpenLong	75	0.6	80	90	94	38	0.21	43%	-0.3	-70.7	2.7%	0	0.2	45	INF
4	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
5	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

6	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
7	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
8	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
9	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
10	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

11	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
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		47.5	2.9%	0	1.1	64	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.