Trading Signals: ERX Stock Price Prediction and Forecast

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Thu. Sep. 21, 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 $279.8000 (0%) ($276.1000 - $281.8000) on Thu. Sep. 21, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.27% (three month average)
RSI   88
Latest Price   $279.8000(0%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 1.1% a day on average for past five trading days.
Weekly Trend   ERX advances 7.4% a week on average for past two weeks.
Market Behavior   Growth stock sell-off for large cap. Normal 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 -1.135% 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   -1.135% (StdDev 2.27%)
Hourly BBV 0 ()
Intraday Trend 0.4%

5 Day Moving Average   $274.28(2.01%)
10 Day Moving Average   $264.66(5.72%)
20 Day Moving Average   $248.5(12.6%)
To recent high   0%
To recent low   29.8%
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 8.08% (three month std-dev: 2.27%) daily (68% of days).

Sample size 26 Average positive next day return: 2.73%(65%) Average negative next day return: -1.48%(35%) Sample size 26 Average positive next three day return: 6.42%(69%) Average negative next three day return: -3.67%(31%) Sample size 26 Average positive next weekly return: 7.71%(46%) Average negative next weekly return: -3.73%(54%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20171021

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_21_2017	255.2	248.5	264.66	274.28	274.54	278.63	279.8(0%)	UT	HoldLong	50	0.3	154	110	124	245	0.13	49%	-0.02	75.2	2.27%	0	1.6	88	INF
2	Sep_20_2017	255.24	245.6	261.51	271.34	271.21	275.44	279.8(2.15%)	UT	HoldLong	65	0.4	185	110	158	267	0.24	47%	-0	73.9	2.36%	0	1.8	89	INF
3	Sep_19_2017	255.25	242.54	258.17	267.72	268.02	270.46	273.9(1.18%)	UT	HoldLong	65	0.3	166	70	133	264	0.17	47%	-0.04	69.7	2.4%	0	1.7	88	INF
4	Sep_18_2017	255.36	239.58	254.4	263.34	264.3	266.98	270.7(1.31%)	UT	HoldLong	65	0.4	134	80	98	243	0.16	47%	-0.07	60.6	2.41%	0	1.8	86	INF
5	Sep_15_2017	255.53	236.92	250.53	258.76	259.98	265.58	267.2(0.79%)	UT	HoldLong	65	0.5	180	160	158	245	0.14	50%	-0.08	51.8	2.49%	0	1.9	80	INF

6	Sep_14_2017	255.73	234.27	246.42	253.48	254.85	261.62	265.1(1.3%)	UT	HoldLong	65	0.8	228	200	222	247	0.22	47%	-0.13	37.6	2.5%	0	2	81	INF
7	Sep_13_2017	256.06	232.15	242.13	250.2	249.27	254.38	261.7(3.85%)	UT	HoldLong	65	0.9	171	130	160	203	0.24	47%	-0.15	27.3	2.59%	0	2.2	80	INF
8	Sep_12_2017	256.45	230.5	238.09	247.34	246.7	248.08	252(1.69%)	UT	HoldLong	65	0.4	124	30	107	173	0.14	44%	-0.16	18.1	2.56%	0	1.9	78	INF
9	Sep_11_2017	256.85	229.49	235.16	244.14	244.94	244.16	247.8(2.91%)	UT	HoldLong	65	0.4	44	-10	16	129	0.17	44%	-0.16	4.3	2.56%	0	1.8	79	INF
10	Sep_8_2017	257.26	228.81	232.95	240.96	242.48	245.33	240.8(-3.18%)	UD	OpenLong	75	-0	62	100	41	124	0.19	47%	-0.2	-14.3	2.7%	0	1.3	70	INF

11	Sep_7_2017	257.77	228.73	231.15	237.96	239.04	245.71	248.7(0.53%)	UT	HoldLong	65	1.1	190	210	194	179	0.17	46%	-0.15	-28.7	2.67%	0	2.1	82	INF
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		-49.5	2.81%	0	-2.3	9	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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