Trading Signals: ERX Stock Price Prediction and Forecast

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

Thu. Aug. 1, 2019

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 $175.1000 (-6.76%) ($172.5000 - $185.0000) on Thu. Aug. 1, 2019.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.24% (three month average)
RSI   26
Latest Price   $175.1000(-6.76%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX declines -1.5% a day on average for past five trading days.
Weekly Trend   ERX declines -2.6% a week on average for past two weeks.
Market Behavior   Broad based 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(91%)    OIH(90%)    XOP(84%)    IWD(74%)    IWN(73%)
Factors Impacting ERX price   ERX will decline at least -1.62% in a week (0% probabilities).
VIXM(-51%)    TLT(-23%)    VXX(-22%)    UUP(-7%)    IGOV(-6%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.62% (StdDev 3.24%)
Hourly BBV 0 ()
Intraday Trend -3.8%

Resistance Level   $192.25
5 Day Moving Average   $184.84(-5.27%)
10 Day Moving Average   $188.42(-7.07%)
20 Day Moving Average   $192.25(-8.92%)
To recent high   -16.8%
To recent low   12.5%
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 3.73% (three month std-dev: 3.24%) daily (68% of days).

Sample size 43 Average positive next day return: 2.68%(49%) Average negative next day return: -2.68%(51%) Sample size 43 Average positive next three day return: 3.63%(44%) Average negative next three day return: -4.23%(56%) Sample size 43 Average positive next weekly return: 3.8%(33%) Average negative next weekly return: -3.56%(67%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20190901

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	Aug_1_2019	204.25	192.25	188.42	184.84	184.89	184.19	175.1(-6.76%)	DT	OpenShort	-75	-1.4	-89	-30	-90	-85	0.27	43%	-0.24	-38.3	3.24%	0	-2.4	26	-2.3
2	Jul_31_2019	204.74	193.24	189.81	187.72	187.12	188.1	187.8(-1.57%)	N/A	N/A	0	0	8	30	24	-40	0.14	45%	-0.14	-37	3.16%	0	-0.9	35	-0.5
3	Jul_30_2019	205.03	193.4	189.8	189.46	188.14	185.59	190.8(3.64%)	DP	OpenShort	-75	0.2	-41	-120	-32	-66	0.14	45%	-0.11	-29.3	3.26%	0	-0.4	38	0.8
4	Jul_29_2019	205.26	193.86	190.04	190.1	190.42	186.15	184.1(-1.23%)	DT	OpenShort	-75	-1	-95	-150	-96	-91	0.08	44%	-0.09	-20.9	3.22%	0	-1.6	42	1.4
5	Jul_26_2019	205.45	194.66	191.62	191.78	192.57	190.7	186.4(-1.64%)	DT	OpenShort	-75	-0.9	-73	-60	-74	-70	0.12	42%	-0.14	-13.7	3.22%	0	-1.5	44	1.4

6	Jul_25_2019	205.74	195.04	193.53	192.5	193.55	194.7	189.5(-3.56%)	N/A	N/A	0	-0.6	8	60	17	-19	0.13	42%	-0.15	-12.7	3.24%	0	-1	47	1.1
7	Jul_24_2019	206.05	195.48	194.92	192.04	192.28	194.45	196.5(1.29%)	UT	OpenLong	75	0.9	48	80	62	5	0.11	42%	-0.16	-2.2	3.21%	0	0.2	55	1.6
8	Jul_23_2019	206.37	195.13	195.47	190.16	189.7	192.41	194(0.78%)	N/A	N/A	0	0.7	30	90	41	-2	0.09	42%	-0.18	-7.2	3.27%	0	-0.2	57	1.4
9	Jul_22_2019	206.74	195.12	195.59	190.1	189.08	190.12	192.5(1.32%)	RB	SmallLong	20	0.4	20	20	31	-12	0.1	45%	-0.18	6.5	3.27%	0	-0.5	43	1
10	Jul_19_2019	207.11	195.44	195.82	191.64	190.43	186.99	190(1.5%)	DP	OpenShort	-75	-0.3	-55	-150	-59	-44	0.13	45%	-0.14	37.3	3.37%	0	-1	41	0.8

11	Jul_18_2019	207.39	195.72	196.31	194.9	194.14	188.04	187.2(0.05%)	DP	OpenShort	-75	-1.4	-121	-230	-141	-60	0.11	45%	-0.18	72.4	3.39%	0	-1.6	48	1.1
12	Jul_17_2019	207.77	195.6	197.04	198.24	199.21	193.88	187.1(-3.41%)	DT	OpenShort	-75	-1.9	-109	-170	-131	-43	0.15	45%	-0.17	94.9	3.39%	0	-1.5	43	1
13	Jul_16_2019	208.12	195.53	197.5	201.42	202.29	200.25	193.7(-3.25%)	DT	OpenShort	-75	-1.3	-56	-60	-74	-3	0.11	46%	-0.15	111.9	3.37%	0	-0.3	56	1.4
14	Jul_15_2019	208.43	194.76	198.19	201.66	203.36	204.54	200.2(-2.96%)	UD	OpenLong	75	-0.2	33	70	29	46	0.1	46%	-0.11	94.2	3.36%	0	0.7	56	1.5
15	Jul_12_2019	208.66	193.44	198.08	200.46	200.83	204.33	206.3(1.18%)	UT	OpenLong	75	0.7	64	130	66	56	0.08	46%	-0.07	75.3	3.35%	0	1.5	55	1.7

16	Jul_11_2019	208.81	191.93	196.68	198	197.91	202.18	203.9(0.44%)	UT	OpenLong	75	0.7	92	150	104	57	0.09	46%	-0.13	67.9	3.34%	0	1.3	57	1.6
17	Jul_10_2019	209.09	190.26	195.99	195.82	195.11	197.34	203(4.16%)	UT	OpenLong	75	0.7	77	70	85	52	0.14	46%	-0.12	59.7	3.34%	0	1.3	65	1.6
18	Jul_9_2019	209.35	188.95	194.56	193.18	192.71	193.64	194.9(0.36%)	UT	OpenLong	75	0.2	8	30	7	12	0.09	43%	-0.07	56.7	3.3%	0	0.6	61	1.2
19	Jul_8_2019	209.5	188.05	194.42	194.28	192.85	192.89	194.2(0.1%)	N/A	N/A	0	-0	-1	-20	-10	26	0.08	43%	-0.16	66.6	3.33%	0	0.6	65	1.3
20	Jul_5_2019	209.84	187.1	194.87	195.36	195.44	191.78	194(0.52%)	N/A	N/A	0	-0.1	-8	-130	-27	49	0.1	45%	-0.13	78.1	3.34%	0	0.7	68	1.9

21	Jul_3_2019	210.11	186.07	194.96	195.12	196.76	192.81	193(1.69%)	N/A	N/A	0	-0.2	-70	-120	-104	34	0.11	45%	-0.07	75	3.4%	0	0.6	63	2.1
22	Jul_2_2019	210.25	184.68	194.05	196.12	197.75	199.11	189.8(-5.29%)	N/A	N/A	0	-0.6	-2	70	-30	83	0.22	45%	-0.04	74.3	3.41%	0	0.5	66	2.3
23	Jul_1_2019	210.34	183.71	193.57	195.94	198.53	200.71	200.4(0.4%)	UT	OpenLong	75	0.4	109	120	98	143	0.14	49%	0.02	68.4	3.35%	0	1.4	65	2.1
24	Jun_28_2019	210.3	181.78	191.23	194.54	195.31	196.38	199.6(3.53%)	UT	OpenLong	75	0.4	27	50	2	100	0.14	49%	0	56.3	3.37%	0	1.4	65	1.3
25	Jun_27_2019	210.29	179.61	188.55	194.44	195.15	196.36	192.8(-2.63%)	UD	OpenLong	75	-0.1	47	50	25	111	0.12	47%		49.5	3.34%	0	1.1	63	1.1
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.