Trading Signals: ERX Stock Price Prediction and Forecast

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

Tue. Jan. 2, 2018

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 $367.1000 (5.1%) ($351.8500 - $368.0000) on Tue. Jan. 2, 2018.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.21% (three month average)
RSI   80
Latest Price   $367.1000(5.1%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 1.2% a day on average for past five trading days.
Weekly Trend   ERX advances 7.5% 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 -1.105% 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   -1.105% (StdDev 2.21%)
Hourly BBV 0 ()
Intraday Trend 3.4%

5 Day Moving Average   $355.04(3.4%)
10 Day Moving Average   $342.11(7.3%)
20 Day Moving Average   $324.69(13.06%)
To recent high   0%
To recent low   31.5%
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 6.95% (three month std-dev: 2.21%) daily (68% of days).

Sample size 30 Average positive next day return: 2.49%(57%) Average negative next day return: -1.12%(43%) Sample size 30 Average positive next three day return: 2.71%(53%) Average negative next three day return: -4.25%(47%) Sample size 30 Average positive next weekly return: 3.48%(50%) Average negative next weekly return: -4.65%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20180202

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	Jan_2_2018	285.88	324.69	342.11	355.04	354.28	356.37	367.1(5.1%)	UT	HoldLong	65	0.5	171	30	141	259	0.18	67%	0.65	72.2	2.21%	0	1.9	80	INF
2	Dec_29_2017	284.03	321.73	335.88	350.84	352.19	351.88	349.3(-0.91%)	UD	OpenLong	75	-0.1	66	10	20	204	0.14	64%	0.39	82.2	2.13%	0	1.4	78	INF
3	Dec_28_2017	282.94	319.42	331.59	349.8	350.49	352.18	352.5(0.34%)	UT	HoldLong	65	0.1	111	40	70	233	0.09	64%	0.37	89.8	2.12%	0	1.7	83	INF
4	Dec_27_2017	281.9	316.3	327.15	344.04	346.1	352.5	351.3(-1.04%)	UD	OpenLong	75	0.4	246	150	233	286	0.14	64%	0.37	87.3	2.12%	0	1.9	84	INF
5	Dec_26_2017	280.86	313	322.83	335.8	337.45	348.8	355(2.57%)	UT	OpenLong	75	1.1	365	250	383	309	0.17	64%	0.46	79.9	2.12%	0	2.4	73	INF

6	Dec_22_2017	279.57	309.17	318.3	327.1	327.34	339.7	346.1(0.58%)	UT	OpenLong	75	1.2	421	270	462	298	0.14	65%	0.33	70.7	2.15%	0	2.3	67	INF
7	Dec_21_2017	278.64	306.19	314.04	318.74	318.63	326.1	344.1(6.3%)	UT	OpenLong	75	1.9	334	160	373	217	0.24	65%	0.28	68.2	2.16%	0	2.8	66	INF
8	Dec_20_2017	277.85	303.2	309.22	310.96	311.96	314.99	323.7(4.39%)	UT	OpenLong	75	1.2	132	80	147	85	0.18	62%	0.2	66.5	2.02%	0	1.9	62	INF
9	Dec_19_2017	277.3	301.16	306.33	307.94	309.09	311.16	310.1(-0.45%)	UD	OpenLong	75	0.2	61	60	67	41	0.08	59%	0.15	57.1	1.97%	0	0.8	65	INF
10	Dec_18_2017	276.88	299.78	305.98	307.84	308.41	308.93	311.5(2.37%)	UT	OpenLong	75	0.3	42	20	40	49	0.13	59%	0.16	43.8	1.97%	0	1.1	68	INF

11	Dec_15_2017	276.44	298.38	305.85	308.1	308.9	307.03	304.3(-0.29%)	N/A	N/A	0	-0.3	-17	-30	-39	49	0.11	57%	0.13	32	1.96%	0	0.5	69	INF
12	Dec_14_2017	276.08	297.18	306.56	308.4	309.93	307.9	305.2(-1.1%)	N/A	N/A	0	-0.3	-25	-30	-55	67	0.11	57%	0.16	16.3	1.96%	0	0.7	61	INF
13	Dec_13_2017	275.63	296.08	306.55	306.96	309.02	310.78	308.6(-0.32%)	UD	OpenLong	75	0.1	48	60	27	111	0.12	60%	0.18	0.5	1.95%	0	1	64	INF
14	Dec_12_2017	275.13	295.23	304.93	304.28	305.92	311.95	309.6(-1.02%)	UD	OpenLong	75	0.5	165	150	167	159	0.14	60%	0.22	-16.2	2%	0	1.2	67	INF
15	Dec_11_2017	274.53	294.98	302.75	303.8	302.74	307.26	312.8(2.29%)	UT	OpenLong	75	0.8	186	90	190	173	0.12	62%	0.22	-23.2	2%	0	1.5	70	INF

16	Dec_8_2017	273.92	294.8	299.55	303.54	302.39	299.89	305.8(2.62%)	UT	HoldLong	50	0.2	18	-70	-7	92	0.11	57%	0.17	-19.3	2.01%	0	0.9	66	INF
17	Dec_7_2017	273.45	295.25	297.89	304.74	305.34	298.23	298(0.95%)	N/A	N/A	0	-0.5	-158	-160	-219	26	0.11	55%	0.14	-8.5	2.04%	0	0.2	65	INF
18	Dec_6_2017	273.08	296.02	296.87	306.08	308.82	304.89	295.2(-3.91%)	N/A	N/A	0	-0.8	-124	-60	-183	55	0.17	58%	0.16	-0.2	2.04%	0	-0.1	60	INF
19	Dec_5_2017	272.64	297.14	295.82	305.28	308.81	312.45	307.2(-1.38%)	UD	OpenLong	75	0.1	101	120	84	151	0.14	62%	0.19	7.1	2.04%	0	0.7	58	INF
20	Dec_4_2017	272.11	297.67	293.25	301.14	303.48	312.75	311.5(-0.1%)	UD	OpenLong	75	0.7	292	240	323	200	0.24	62%	0.21	9.1	2.04%	0	0.9	49	INF

21	Dec_1_2017	271.54	297.06	290.28	294.82	295.6	305.17	311.8(2.33%)	UT	OpenLong	75	1.1	329	230	384	162	0.27	64%	0.23	2.4	2.05%	0	1	46	INF
22	Nov_30_2017	270.93	296.31	286.85	290.24	288.66	294.22	304.7(4.64%)	UT	OpenLong	75	1	198	120	248	46	0.29	63%	0.21	-1.4	2.05%	0	0.6	39	INF
23	Nov_29_2017	270.35	296.06	286.85	286.66	286.2	286.04	291.2(1.64%)	RB	SmallLong	20	0.3	43	-10	82	-75	0.14	59%	0.17	-2.1	1.98%	0	-0.3	32	INF
24	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
25	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%		-4.8	1.98%	0	-1.1	20	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.