Trading Signals: ERX Stock Price Prediction and Forecast

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Tue. Nov. 28, 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 $286.5000 (2.36%) ($279.8000 - $287.8000) on Tue. Nov. 28, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.98% (three month average)
RSI   27
Latest Price   $286.5000(2.36%)
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 -4.7% 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 -0.99% in a week (0% probabilities).
TLT(-23%)    VIXM(-22%)    UUP(-19%)    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   -0.99% (StdDev 1.98%)
Hourly BBV 0 ()
Intraday Trend 2.4%

Resistance Level   $296.13
5 Day Moving Average   $285.08(0.5%)
10 Day Moving Average   $284.48(0.71%)
20 Day Moving Average   $296.13(-3.25%)
To recent high   -10.9%
To recent low   29.1%
Market Cap   $N/A

Average daily price decay: -0%

$. ERX is a 3x leveraged ETF. You'll lose 0% a day on average for holding it.$. ERX price fluctuates within 4.85% (three month std-dev: 1.98%) daily (68% of days).

Sample size 2 Average positive next day return: 0%(0%) Average negative next day return: -8.93%(100%) Sample size 2 Average positive next three day return: 0%(0%) Average negative next three day return: -11.04%(100%) Sample size 2 Average positive next weekly return: 0%(0%) Average negative next weekly return: -15.84%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20171228

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	Nov_28_2017	269.89	296.13	284.48	285.08	286.05	283.11	286.5(2.36%)	DP	OpenShort	-75	0.1	-106	-60	-82	-176	0.11	59%	0.16	-3.9	1.98%	0	-0.7	27	INF
2	Nov_27_2017	269.45	296.31	286.34	284.1	286.25	286.37	279.9(-3.12%)	DT	HoldShort	-65	-0.3	-93	30	-62	-187	0.11	57%	0.15	-4.8	1.98%	0	-1.1	20	INF
3	Nov_24_2017	269.04	296.7	289.5	284.76	285.83	288.99	288.9(0.73%)	N/A	N/A	0	0.3	55	90	110	-110	0.06	61%	0.25	-5.5	1.93%	0	-0.6	44	INF
4	Nov_22_2017	268.37	296.52	292.2	282.8	283.94	286.14	286.8(1.24%)	RB	SmallLong	20	0.3	69	70	125	-100	0.15	61%	0.07	-10.7	1.92%	0	-0.7	45	INF
5	Nov_21_2017	268.18	296.36	294.95	282	281.92	282.67	283.3(0.6%)	DP	OpenShort	-65	0.1	-19	20	20	-134	0.1	61%	0.07	-15.7	1.93%	0	-0.9	41	INF

6	Nov_20_2017	268	296.68	298.54	283.92	281.74	281.75	281.6(-0.56%)	DT	OpenShort	-75	-0.2	-86	-20	-70	-135	0.09	61%	0.12	-15.4	1.95%	0	-1.1	48	INF
7	Nov_17_2017	267.69	297.01	302.53	289.12	286.07	281.16	283.2(1.47%)	DP	OpenShort	-75	-0.4	-133	-150	-141	-107	0.13	56%	0.13	-9.3	1.95%	0	-1	51	INF
8	Nov_16_2017	267.33	297.47	304.6	295.14	292.9	281.74	279.1(-1.31%)	DT	OpenShort	-75	-1.2	-321	-290	-377	-153	0.17	53%	0.12	1.1	2.03%	0	-1.3	52	INF
9	Nov_15_2017	267	298.08	306.92	303.04	301.3	290.98	282.8(-3.45%)	DT	OpenShort	-75	-1.5	-370	-260	-451	-126	0.18	53%	0.15	15.5	2.07%	0	-1.1	55	INF
10	Nov_14_2017	266.6	298.62	309.1	309.66	309.22	304.06	292.9(-4.78%)	CR	SmallShort	-20	-1.3	-201	-120	-270	5	0.18	57%	0.19	28	2.02%	0	-0.4	62	INF

11	Nov_13_2017	266.1	298.89	309.32	315.1	313.66	311.63	307.6(-1.82%)	CR	SmallShort	-20	-0.6	-65	-60	-123	110	0.1	62%	0.24	40.9	1.92%	0	0.7	66	INF
12	Nov_10_2017	265.47	298.3	307.59	317.88	316.37	314.38	313.3(-1.66%)	UD	OpenLong	65	-0.4	25	-60	-25	174	0.13	58%	0.28	48.5	1.92%	0	1.2	72	INF
13	Nov_9_2017	264.73	297.33	304.85	315.46	316.27	315.7	318.6(0.85%)	UT	OpenLong	75	0.3	44	-0	3	167	0.18	58%	0.3	45.4	1.96%	0	1.7	69	INF
14	Nov_8_2017	263.94	296.03	301.31	311.42	312.49	318.37	315.9(-1.31%)	UD	OpenLong	75	0.4	132	140	114	186	0.17	58%	0.24	36.8	1.96%	0	1.8	70	INF
15	Nov_7_2017	263.31	295.04	297.81	308.46	308.2	316.84	320.1(-0.44%)	UD	OpenLong	75	1.1	337	190	362	262	0.18	58%	0.22	32.6	1.95%	0	2.4	69	INF

16	Nov_6_2017	262.74	293.73	294.34	302.72	302.96	306.61	321.5(6.74%)	UT	OpenLong	75	2.2	264	90	289	189	0.25	58%	0.2	19.2	1.98%	0	3.2	63	INF
17	Nov_3_2017	262.22	292.3	290.45	296.04	297.15	299.56	301.2(0.94%)	UT	OpenLong	75	0.9	69	70	73	56	0.17	47%	0.17	-5.9	1.82%	0	1.5	52	INF
18	Nov_2_2017	261.77	291.89	289.22	292.68	293.88	299.32	298.4(-0.9%)	UD	OpenLong	75	1	173	140	203	81	0.18	47%	0.14	-25.7	1.9%	0	1.1	51	INF
19	Nov_1_2017	261.4	291.98	288.1	289.58	289.36	294.74	301.1(3.33%)	UT	OpenLong	75	1.9	207	130	251	75	0.19	47%	0.09	-39	1.9%	0	1.5	54	INF
20	Oct_31_2017	261.16	291.75	286.92	285.52	284.92	288.44	291.4(1.15%)	UT	OpenLong	75	1	113	80	150	1	0.12	43%	0.08	-60.2	1.86%	0	-0.1	39	INF

21	Oct_30_2017	260.96	292.09	287.38	284.68	283.26	283.99	288.1(1.3%)	RB	SmallLong	20	0.6	42	0	68	-38	0.15	43%	0.08	-59.9	1.86%	0	-0.7	38	INF
22	Oct_27_2017	260.74	292.65	288.16	284.08	283.51	281.4	284.4(0.53%)	DP	OpenShort	-75	0.1	-74	-60	-66	-96	0.19	47%	0.14	-60	1.85%	0	-1.3	34	INF
23	Oct_26_2017	260.37	293.44	289.23	285.26	285.4	282.53	282.9(0.75%)	DP	OpenShort	-75	-0.4	-113	-70	-114	-108	0.11	47%	0.13	-45.3	1.89%	0	-1.8	36	INF
24	Oct_25_2017	260.04	294.32	290.47	286.34	287.16	285.63	280.8(-2.23%)	DT	OpenShort	-75	-1	-97	-30	-95	-101	0.15	51%	0.07	-28.3	1.89%	0	-2.5	26	INF
25	Oct_24_2017	259.85	295.31	292.32	288.42	288.24	288.28	287.2(0.74%)	DP	OpenShort	-75	-0.3	-50	-0	-44	-68	0.13	53%		-2.6	1.92%	0	-1.8	37	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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