Trading Signals: ERX Stock Price Prediction and Forecast

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Mon. Sep. 25, 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 $296.6000 (4.55%) ($287.3000 - $298.6000) on Mon. Sep. 25, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.32% (three month average)
RSI   88
Latest Price   $296.6000(4.55%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 1.9% a day on average for past five trading days.
Weekly Trend   ERX advances 7.6% a week on average for past two weeks.
Market Behavior   Rotation from growth to value 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 -1.16% 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   -1.16% (StdDev 2.32%)
Hourly BBV 0 ()
Intraday Trend 2.7%

5 Day Moving Average   $282.76(4.89%)
10 Day Moving Average   $273.79(8.33%)
20 Day Moving Average   $255.2(16.22%)
To recent high   0%
To recent low   37.6%
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 8.74% (three month std-dev: 2.32%) daily (68% of days).

Sample size 32 Average positive next day return: 3.28%(50%) Average negative next day return: -2.35%(50%) Sample size 32 Average positive next three day return: 4.45%(50%) Average negative next three day return: -4.93%(50%) Sample size 32 Average positive next weekly return: 9.18%(44%) Average negative next weekly return: -5.79%(56%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20171025

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_25_2017	255.54	255.2	273.79	282.76	282.84	287.06	296.6(4.55%)	UT	HoldLong	65	0.6	243	110	228	288	0.33	57%	0.07	74.6	2.32%	0	1.9	88	0
2	Sep_22_2017	255.37	251.59	268.87	277.58	277.83	280.22	283.7(1.39%)	UT	HoldLong	65	0.3	124	60	89	229	0.16	53%	0.07	74.9	2.27%	0	1.5	88	0
3	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	0
4	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	0
5	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	0

6	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	0
7	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	0
8	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	0
9	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	0
10	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	0

11	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	0
12	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	0
13	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	0
14	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	0
15	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	0

16	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	0
17	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	0
18	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	0
19	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	0
20	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	0

21	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	0
22	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	0
23	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	0
24	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	0
25	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%		-49.9	2.78%	0	-1.7	10	0
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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