Trading Signals: ERX Stock Price Prediction and Forecast

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Fri. Jan. 12, 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 $427.9000 (2.86%) ($416.0000 - $430.0000) on Fri. Jan. 12, 2018.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.36% (three month average)
RSI   88
Latest Price   $427.9000(2.86%)
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 7.7% 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(85%)    IWD(74%)    IVE(73%)
Factors Impacting ERX price   ERX will decline at least -1.18% 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   -1.18% (StdDev 2.36%)
Hourly BBV 0 ()
Intraday Trend 2.9%

5 Day Moving Average   $405.22(5.6%)
10 Day Moving Average   $391.84(9.2%)
20 Day Moving Average   $362.77(17.95%)
To recent high   0%
To recent low   53.3%
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 9.68% (three month std-dev: 2.36%) daily (68% of days).

Sample size 33 Average positive next day return: 2.53%(45%) Average negative next day return: -2.47%(55%) Sample size 33 Average positive next three day return: 2.75%(52%) Average negative next three day return: -4.96%(48%) Sample size 33 Average positive next weekly return: 4.13%(45%) Average negative next weekly return: -7.16%(55%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20180212

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_12_2018	300.47	362.77	391.84	405.22	404.66	414.31	427.9(2.86%)	UT	HoldLong	65	0.6	397	160	410	359	0.24	75%	0.71	76.5	2.36%	0	1.9	88	0
2	Jan_11_2018	298.36	356.69	384.23	397.64	397.16	400.23	416(6.1%)	UT	HoldLong	65	0.5	203	50	182	264	0.28	74%	0.67	75.2	2.36%	0	1.7	90	0
3	Jan_10_2018	296.37	351.25	377.67	392.5	392.39	395.01	392.1(-0.36%)	UT	HoldLong	50	-0	99	50	53	237	0.22	72%	0.6	74.7	2.25%	0	1.3	90	0
4	Jan_9_2018	294.59	347.23	373.99	390.76	390.25	394.09	393.5(-0.78%)	UT	HoldLong	50	0.1	208	60	172	317	0.18	72%	0.63	74.6	2.25%	0	1.4	90	0
5	Jan_8_2018	292.76	342.77	369.26	385.48	385.44	389.78	396.6(1.69%)	UT	HoldLong	65	0.4	241	80	205	348	0.15	72%	0.63	71.9	2.24%	0	1.7	92	0

6	Jan_5_2018	290.93	337.74	363.91	376.02	377.45	386.41	390(-0.08%)	UD	OpenLong	75	0.5	277	180	250	358	0.17	69%	0.62	65.8	2.27%	0	1.8	91	0
7	Jan_4_2018	289.14	332.9	357.34	368.52	368.74	381.11	390.3(1.8%)	UT	HoldLong	65	0.8	410	240	410	408	0.19	69%	0.59	62.4	2.27%	0	2	87	0
8	Jan_3_2018	287.44	328.53	349.36	360.72	360.18	368.48	383.4(4.44%)	UT	HoldLong	65	0.9	360	160	359	361	0.23	69%	0.55	63.3	2.27%	0	2.1	86	0
9	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	0
10	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	0

11	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	0
12	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	0
13	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	0
14	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	0
15	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	0

16	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	0
17	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	0
18	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	0
19	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	0
20	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	0

21	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	0
22	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	0
23	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	0
24	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	0
25	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%		-8.5	2.04%	0	0.2	65	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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