Trading Signals: ERX Stock Price Prediction and Forecast

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

Fri. Feb. 9, 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 $266.8000 (-0.11%) ($240.1000 - $277.1900) on Fri. Feb. 9, 2018.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.77% (three month average)
RSI   13
Latest Price   $266.8000(-0.11%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX declines -5.3% a day on average for past five trading days.
Weekly Trend   ERX declines -17.9% 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 -1.885% in a week (0% probabilities).
TLT(-23%)    VIXM(-21%)    UUP(-19%)    IGOV(-5%)    SHY(-2%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.885% (StdDev 3.77%)
Hourly BBV 0 ()
Intraday Trend -3.6%

Resistance Level   $376.7
5 Day Moving Average   $288.04(-7.37%)
10 Day Moving Average   $332.87(-19.85%)
20 Day Moving Average   $376.7(-29.17%)
To recent high   -38.9%
To recent low   0%
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 15.26% (three month std-dev: 3.77%) daily (68% of days).

Sample size 8 Average positive next day return: 3.48%(75%) Average negative next day return: -4.56%(25%) Sample size 8 Average positive next three day return: 15.38%(63%) Average negative next three day return: -5.71%(38%) Sample size 8 Average positive next weekly return: 13.32%(88%) Average negative next weekly return: -16.25%(13%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20180309

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	Feb_9_2018	325.7	376.7	332.87	288.04	288.27	273.5	266.8(-0.11%)	DT	HoldShort	-65	-0.4	-415	-360	-404	-447	0.46	46%	-0.04	-48.8	3.77%	0	-1.9	13	-1.7
2	Feb_8_2018	325.83	384.62	348.92	304	301.23	294.05	267.1(-9.24%)	DT	HoldShort	-65	-0.7	-330	-190	-316	-372	0.39	46%	-0.04	-45.4	3.77%	0	-2.3	23	-2.5
3	Feb_7_2018	325.96	391.55	364.64	329.82	320.74	303.05	294.3(-5.06%)	DT	OpenShort	-75	-0.8	-287	-470	-278	-312	0.27	50%	0.06	-38.6	3.59%	0	-2.2	26	-1.8
4	Feb_6_2018	325.75	397.08	378.63	347.92	341.6	308.41	310(2.65%)	DP	OpenShort	-75	-1	-574	-730	-628	-413	0.4	55%	0.12	-30.1	3.53%	0	-2.3	26	-2
5	Feb_5_2018	325.35	401.94	391.46	362.62	362.69	338.44	302(-12.87%)	DT	OpenShort	-75	-1.9	-614	-470	-687	-394	0.4	55%	0.11	-17.1	3.62%	0	-3.2	27	-2.9

6	Feb_2_2018	324.99	406.99	405.64	383.96	381.33	374.79	346.6(-12.52%)	DT	OpenShort	-75	-1.7	-314	-140	-346	-219	0.33	61%	0.26	10	3.22%	0	-2.8	31	-2.2
7	Feb_1_2018	324.15	409.61	412.72	400.24	395.46	386.94	396.2(2.96%)	DP	OpenShort	-75	-0.2	-117	-190	-122	-100	0.19	70%	0.43	50.5	2.77%	0	-0.8	46	-0.5
8	Jan_31_2018	322.76	409.19	414.52	405.16	404.37	387.86	384.8(0.34%)	DP	OpenShort	-75	-1.1	-370	-290	-426	-200	0.31	69%	0.43	64.7	2.78%	0	-1.4	52	-1.6
9	Jan_30_2018	321.39	408.66	418.56	414.54	415.46	403.99	383.5(-6.17%)	DT	OpenShort	-75	-1.6	-368	-190	-436	-164	0.34	69%	0.44	80	2.78%	0	-1.3	51	-1.9
10	Jan_29_2018	319.99	407.4	421.91	424.86	426.11	420.88	408.7(-4.51%)	DT	OpenShort	-75	-0.8	-139	-80	-179	-20	0.21	74%	0.54	100.2	2.65%	0	0.1	57	-2.1

11	Jan_26_2018	318.26	404.86	423.93	430.5	430.96	426.94	428(1.71%)	N/A	N/A	0	-0.1	-42	-60	-76	62	0.13	78%	0.58	96.3	2.57%	0	1	66	136.8
12	Jan_25_2018	316.41	401.15	422.75	426.98	430.66	431.35	420.8(-2.52%)	UD	OpenLong	65	-0.2	18	40	-7	94	0.23	76%	0.57	92.9	2.56%	0	0.8	64	137.4
13	Jan_24_2018	314.62	397.97	420.2	425.22	425.51	434.98	431.7(-0.78%)	UD	OpenLong	75	0.2	157	160	156	161	0.27	76%	0.64	93.3	2.56%	0	1.2	71	-1.4
14	Jan_23_2018	312.61	393.75	416.49	423.32	420.89	429.96	435.1(-0.41%)	UD	OpenLong	75	0.4	312	130	334	244	0.19	76%	0.41	98.4	2.55%	0	1.5	77	0.1
15	Jan_22_2018	311.33	389.2	412.6	418.7	416.45	416.05	436.9(6.46%)	UT	HoldLong	65	0.7	111	-20	94	161	0.22	76%	0.69	105.2	2.57%	0	1.8	81	0.9

16	Jan_19_2018	309.2	383.59	407.83	416.9	415.69	411.83	410.4(-0.39%)	CR	SmallShort	-20	-0.2	-89	-70	-149	90	0.18	74%	0.63	108.8	2.46%	0	1	76	1
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		65.8	2.27%	0	1.8	91	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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