Trading Signals: ERX Stock Price Prediction and Forecast

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

Tue. Dec. 31, 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 $175.0000 (1.74%) ($167.9000 - $175.4000) on Tue. Dec. 31, 2019.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.42% (three month average)
RSI   77
Latest Price   $175.0000(1.74%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERX declines -0.2% a day on average for past five trading days.
Weekly Trend   ERX advances 4.5% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Normal 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 -1.71% in a week (0% probabilities).
VIXM(-50%)    VXX(-21%)    TLT(-21%)    UUP(-8%)    IGOV(-4%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.71% (StdDev 3.42%)
Hourly BBV -0.2 ()
Intraday Trend 3.4%

5 Day Moving Average   $174.58(0.24%)
10 Day Moving Average   $172.27(1.58%)
20 Day Moving Average   $163.81(6.83%)
To recent high   -0.7%
To recent low   34.5%
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 6.43% (three month std-dev: 3.42%) daily (68% of days).

Sample size 21 Average positive next day return: 1.45%(57%) Average negative next day return: -1.32%(43%) Sample size 21 Average positive next three day return: 2.11%(67%) Average negative next three day return: -3.82%(33%) Sample size 21 Average positive next weekly return: 3.32%(62%) Average negative next weekly return: -4.53%(38%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200131

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	Dec_31_2019	154.31	163.81	172.27	174.58	174.81	173	175(1.74%)	N/A	N/A	0	0	-15	-70	-41	62	0.14	53%	0.16	57.5	3.42%	-0.2	1.1	77	0.9
2	Dec_30_2019	154.06	162.49	171.36	174.84	176.05	174.99	172(-0.86%)	UD	OpenLong	65	-0.3	5	-20	-21	83	0.15	53%	0.1	54.8	3.53%	-2.2	0.9	76	0.4
3	Dec_27_2019	153.9	161.34	170.19	174.72	175.84	176.62	173.5(-1.48%)	UD	OpenLong	75	-0.1	33	50	10	102	0.13	53%	0.07	50.7	3.54%	0.4	1.1	77	0.9
4	Dec_26_2019	153.79	160.3	169.19	173.44	174.38	177.11	176.1(-0.11%)	UD	OpenLong	75	0.3	75	130	56	132	0.13	53%	0.19	49.6	3.54%	0.4	1.5	86	1.2
5	Dec_24_2019	153.5	159.04	167.04	171.68	171.9	175.05	176.3(0%)	UT	HoldLong	50	0.5	93	130	77	139	0.06	51%	0.16	51.6	3.55%	-2.4	1.8	81	1.3

6	Dec_23_2019	153.26	157.97	164.91	169.6	169.35	171.64	176.3(2.86%)	UT	HoldLong	65	0.7	79	90	60	134	0.15	51%	0.05	52.8	3.61%	1.8	2.1	84	1.2
7	Dec_20_2019	153.18	156.86	162.63	167.48	167.74	168.75	171.4(2.57%)	UT	OpenLong	75	0.5	64	50	44	125	0.18	51%	-0.03	51.2	3.59%	1.4	1.9	71	1.5
8	Dec_19_2019	153.22	156.08	160.93	165.04	166.32	167.07	167.1(-0.12%)	UD	OpenLong	75	0.3	41	50	18	109	0.12	51%	-0.14	49.1	3.57%	-0.8	1.6	68	1.8
9	Dec_18_2019	153.43	155.21	158.92	164.26	165.06	166.74	167.3(0.84%)	UT	OpenLong	75	0.5	58	90	41	109	0.16	51%	-0.16	45.2	3.58%	0.2	1.8	62	1.7
10	Dec_17_2019	153.67	154.12	157.02	161.62	163.18	165.58	165.9(0.12%)	UT	OpenLong	75	0.7	72	130	63	99	0.15	48%	-0.12	26.7	3.58%	-0.1	1.9	62	2.1

11	Dec_16_2019	153.85	153.39	154.66	159.44	160.17	163.39	165.7(4.08%)	UT	OpenLong	75	1.1	65	150	63	72	0.16	53%	-0.14	12.2	3.63%	1.1	2.2	56	2.2
12	Dec_13_2019	154.06	152.94	152.86	157.08	157.86	160.78	159.2(-2.45%)	UD	OpenLong	75	0.4	67	140	72	53	0.22	51%	-0.19	-3.9	3.82%	-0.1	1.2	52	2.2
13	Dec_12_2019	154.36	152.69	151.77	156.18	155.51	156.94	163.2(5.91%)	UT	OpenLong	75	1.4	47	50	52	32	0.27	51%	-0.22	-19.4	3.82%	1.8	2.1	53	1.6
14	Dec_11_2019	154.7	152.26	150.63	152.82	153.67	154.94	154.1(-0.58%)	UD	OpenLong	75	0.3	23	70	29	6	0.12	48%	-0.26	-46.2	3.75%	0	0.4	55	0.3
15	Dec_10_2019	155.1	152.45	150.36	151.66	152.03	154.08	155(0.71%)	UT	OpenLong	75	0.7	39	100	48	12	0.14	48%	-0.24	-62.9	3.75%	0.1	0.6	60	-0.1

16	Dec_9_2019	155.48	152.7	150.42	149.06	150.02	152.4	153.9(-0.52%)	UD	OpenLong	75	1	42	130	55	3	0.12	51%	-0.24	-80.1	3.78%	0.3	0.2	51	-0.2
17	Dec_6_2019	155.85	153.15	150.54	147.98	147.62	149.99	154.7(5.67%)	RB	SmallLong	20	1.2	26	110	38	-12	0.28	51%	-0.21	-69.8	3.85%	0	0.3	46	1.1
18	Dec_5_2019	156.18	153.64	150.73	146.8	147.21	147.65	146.4(-1.28%)	N/A	N/A	0	-0.1	13	30	25	-22	0.18	48%	-0.26	-52.8	3.79%	0	-1.2	44	0.6
19	Dec_4_2019	156.59	154.29	151.18	148.18	147.47	145.25	148.3(4.44%)	DP	OpenShort	-75	0	-36	-120	-33	-43	0.22	50%	-0.29	-38.9	3.81%	0	-1	44	0.4
20	Dec_3_2019	157.05	155.37	151.04	148.92	148.79	146.76	142(-4.38%)	DT	OpenShort	-75	-1	-70	-100	-71	-67	0.25	48%	-0.37	-21.8	3.8%	0	-2	35	-0.5

21	Dec_2_2019	157.63	156.73	152.2	151.9	151.55	149.69	148.5(-0.2%)	DT	OpenShort	-75	-0.5	-35	-90	-32	-43	0.17	50%	-0.37	0	3.76%	0	-1.3	38	0.6
22	Nov_29_2019	158.22	157.08	153.21	153.4	153.03	150.83	148.8(-2.94%)	DT	OpenShort	-75	-0.7	-55	-110	-57	-50	0.09	53%	-0.63	5.2	3.76%	0	-1.3	35	1.5
23	Nov_27_2019	159.22	156.95	153.87	155.2	155.11	153.41	153.3(0.86%)	DP	OpenShort	-75	-0.3	-30	-80	-27	-38	0.13	54%	-0.26	6.3	3.78%	0	-0.5	37	1.9
24	Nov_26_2019	159.63	156.66	154.15	154.6	155.67	155.24	152(-3.12%)	DT	OpenShort	-75	-0.4	-13	0	-5	-36	0.17	54%	-0.26	-1.8	3.79%	0	-0.7	45	2
25	Nov_25_2019	160.05	156.86	154.81	153.4	154.15	156.81	156.9(0.58%)	N/A	N/A	0	0.5	10	140	27	-41	0.14	54%		-4.1	3.77%	0	0	38	2.1
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

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