Trading Signals: ERX Stock Price Prediction and Forecast

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Thu. Jan. 18, 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 $412.0000 (-2.42%) ($410.1000 - $420.8000) on Thu. Jan. 18, 2018.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.46% (three month average)
RSI   77
Latest Price   $412.0000(-2.42%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX advances 1% 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   Value stocks sell-off for large cap. Broad based sell-off 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 -1.23% in a week (0% probabilities).
TLT(-23%)    VIXM(-22%)    UUP(-19%)    IGOV(-5%)    VXX(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.23% (StdDev 2.46%)
Hourly BBV 0 ()
Intraday Trend -1.9%

5 Day Moving Average   $418.02(-1.44%)
10 Day Moving Average   $405.95(1.49%)
20 Day Moving Average   $378.78(8.77%)
To recent high   -3.7%
To recent low   47.6%
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 7.31% (three month std-dev: 2.46%) daily (68% of days).

Sample size 1 Average positive next day return: 0.81%(100%) Average negative next day return: 0%(0%) Sample size 1 Average positive next three day return: 0%(0%) Average negative next three day return: -2.48%(100%) Sample size 1 Average positive next weekly return: 1.74%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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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_18_2018	307.27	378.78	405.95	418.02	419.33	416.85	412(-2.42%)	UD	OpenLong	65	-0.2	30	-30	-18	175	0.17	72%	0.65	107.3	2.46%	0	1.2	77	-INF
2	Jan_17_2018	305.3	373.9	403.22	414.04	416.93	419.55	422.2(2.48%)	UT	HoldLong	65	0.3	80	60	38	206	0.16	72%	0.69	96	2.46%	0	1.6	79	INF
3	Jan_16_2018	303.21	368.06	397.82	408.3	411.02	421.81	412(-3.72%)	UD	OpenLong	75	0.1	250	200	238	285	0.29	71%	0.91	85.5	2.44%	0	1.4	79	INF
4	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	INF
5	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	INF

6	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	INF
7	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	INF
8	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	INF
9	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	INF
10	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	INF

11	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	INF
12	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
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		-16.2	2%	0	1.2	67	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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