Home      Tickers | SPY | NQ100 | DOW | Global | ETFs | Sector ETFs | 3x ETFs | ETF Movers | Stock Movers | Trading Alerts
     ^  ERX:  Intraday  Hourly  Forecast  Similar  Waves  GapOpen  Research  Timing  Gains  Losses  Strategies  Practice
     Fri. Dec. 22, 2023

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 $58.6700 (1.26%) ($58.2700 - $59.2600) on Fri. Dec. 22, 2023.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  2.71% (three month average)
RSI   53
Latest Price   $58.6700(1.26%)
Stocks Behave Similarly  Similar Stock List
Daily Trend  ERX advances 0.7% a day on average for past five trading days.
Weekly Trend  ERX advances 3.2% a week on average for past two weeks.
Market Behavior  Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs  Broad market will support ERX advance at 0% a week (0% probability)
  IBUY(92%)    IDRV(91%)    USO(94%)    XOP(92%)    OIH(88%)  
Factors Impacting ERX price  ERX will decline at least -1.355% in a week (0% probabilities).
  UUP(-42%)    TBT(-41%)    VIXM(-10%)    SHY(-9%)    XLP(6%)  
Explanation   The rally is not sustainable and not supported by the broad market.
 
 
Relative Volatility   (options are extremely cheap)
 
Market Trend Strength  -1.355% (StdDev 2.71%)
Hourly BBV   0 ()
Intraday Trend   -0.3%
  
 

  


5 Day Moving Average  $58.25(0.72%)
10 Day Moving Average  $56.76(3.37%)
20 Day Moving Average  $56.42(3.99%)
To recent high  -15.7%
To recent low  11.2%
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 3.33% (three month std-dev: 2.71%) daily (68% of days).

Sample size 0   Average positive next day return: 0%(0%)   Average negative next day return: 0%(0%)
Sample size 0   Average positive next three day return: 0%(0%)   Average negative next three day return: %(0%)
Sample size 0   Average positive next weekly return: 0%(0%)   Average negative next weekly return: 0%(0%)

Analysis   News   Options   Weekly Chart   Daily Chart   2 Month Daily Chart   

  >  20240122

iDateema100ema20ema10 ema5 Slow Hourly
Trend
Fast Hourly
Trend
ClosePatternTradePSMA5
BBV
 WTF lsma10
Trend
ema5
Trend
ema10
Trend
Volume
millions
Quarterly
Strength
100
Daily
Trend
Daily
Trend
Force
Daily
StdDev
Hourly
BBV
BBVRSIVIXCD
1Dec_22_202361.9356.4256.7658.25 58.43 58.2158.67(1.26%)UTOpenLong750.2   23   -20   6   74   0.25    44%-0.06122.71%01.2531.4
2Dec_21_202361.9756.3656.3157.83 58.3 58.2457.94(0.05%)UTHoldLong500.1   10   20   -3   49   0.35    42%-0.0512.12.71%-1.20.8490.6
3Dec_20_20236256.3255.8357.72 58 58.6557.91(-2%)UDOpenLong750.1   27   90   22   41   0.95    42%-0.0610.12.73%-0.70.9500.3
4Dec_19_202362.0456.2955.4156.97 57.39 58.3659.09(2.53%)UTOpenLong751.2   44   140   50   26   0.51    41%-0.06-1.82.72%11.5560.7
5Dec_18_202362.0856.2155.0755.7 56.1 57.3457.63(1.87%)RBSmallLong201.1   27   180   40   -11   1.11    41%-0.05-19.22.72%0.70.8490.8
 
6Dec_15_202362.1156.1954.9855.05 54.77 56.4156.57(-1.46%)N/AN/A00.9   24   190   41   -26   0.62    40%-0.06-25.62.71%0.50.2460.8
7Dec_14_202362.1556.1955.0654.57 54.21 54.8657.41(6.04%)RBSmallLong201.6   30   60   51   -33   0.86    41%-0.06-32.12.73%1.50.7471.6
8Dec_13_202362.1956.1455.0153.69 53.6 53.1254.14(2.62%)DPOpenShort-750.3   -26   -70   -8   -80   0.51    37%-0.13-39.72.63%0.8-1.1371.4
9Dec_12_202362.2756.3255.2653.62 53.67 53.5552.76(-3%)DTOpenShort-75-0.5   -41   -10   -24   -93   0.62    40%-0.13-39.22.61%-1-2301.6
10Dec_11_202362.3556.5555.7554.31 54.03 54.0754.39(0.44%)DPOpenShort-750.1   -26   -10   -10   -73   0.44    40%-0.06-39.52.66%1-1.4331.4
 
11Dec_8_202362.3956.6556.0654.89 54.63 53.7954.15(2.15%)DPOpenShort-75-0.5   -34   -120   -23   -68   0.48    40%-0.06-45.72.67%0.4-1.7331.2
12Dec_7_202362.4356.7156.4555.65 55.47 53.9953.01(-1.47%)DTOpenShort-75-1.9   -52   -200   -51   -55   0.55    40%-0.05-55.12.67%-1.3-2.7431
13Dec_6_202362.4656.8556.9356.53 56.51 55.4853.8(-4.3%)DTOpenShort-75-2.4   -42   -130   -44   -34   0.71    40%-0.03-58.32.66%-1.5-2.6371.2
14Dec_5_202362.4857.0157.3457.09 57.31 56.9656.22(-1.87%)DTOpenShort-75-0.9   -16   -30   -17   -12   0.51    43%0.02-67.72.62%-1.7-0.9431.3
15Dec_4_202362.4757.1657.5157.36 57.5 57.5457.29(-1.07%)N/AN/A0-0.1   -2   10   -4   3   0.41    43%0.05-48.92.61%-0.40.1531.4
 
16Dec_1_202362.4457.3257.5557.4 57.63 57.6657.91(0.85%)UTOpenLong750.4   7   20   5   13   0.5    45%0-29.32.63%0.50.5601.3
17Nov_30_202362.4457.4957.3257.41 57.49 57.4657.42(1.41%)N/AN/A00   0   0   -4   12   0.65    45%-0.02-20.92.66%-0.5-0631.4
18Nov_29_202362.4557.5457.3357.42 57.57 57.656.62(-1.65%)UDOpenLong75-0.5   7   10   2   23   0.62    45%-0.02-29.92.65%-1.7-0.6591.3
19Nov_28_202362.4657.6457.4657.62 57.28 57.5157.57(0.19%)UTOpenLong75-0   8   10   0   32   0.36    45%0.05-36.12.65%0.1-0541.5
20Nov_27_202362.4357.6857.3957.67 57.15 57.5457.46(-0.9%)UDOpenLong75-0.1   11   20   6   27   0.27    45%0.05-502.65%-0.1-0.1431.3
 
21Nov_24_202362.457.7157.2757.72 57.39 57.0557.98(0.89%)UTOpenLong750.2   14   -60   14   15   0.25    45%0.22-70.62.66%00.2391.4
22Nov_22_202362.2657.8456.9857.21 57.21 56.7657.47(-0.24%)DTOpenShort-750.1   -21   -60   -17   -33   0.53    45%-0.08-84.42.65%-0.1-0.2341.2
23Nov_21_202362.3158.0456.7757.24 57.1 57.7257.61(-0.4%)DTOpenShort-750.2   -10   70   -1   -38   0.26    45%0.05-91.32.65%-0.5-0.2481.3
24Nov_20_202362.2858.2556.6657.29 57.27 57.6657.84(0.23%)N/AN/A00.2   11   50   26   -34   0.5    45%0.05-89.72.66%0.8-0.2481.4
25Nov_17_202362.2558.5356.7757.09 57.13 56.4857.71(4.13%)DPOpenShort-750.2   -13   -80   -1   -47   0.68    47%-81.42.67%0.7-0.3491.5
iDateema100ema20ema10 ema5 Slow Hourly
Trend
Fast Hourly
Trend
ClosePatternTradePSMA5
BBV
 WTF lsma10
Trend
ema5
Trend
ema10
Trend
Volume
millions
Quarterly
Strength
100
Daily
Trend
Daily
Trend
Force
Daily
StdDev
Hourly
BBV
BBVRSIVIXCD
 
 
Earning Calendar   About   Contact Us  
Copyright ©2016 SmartTrading. All rights reserved. Denver, Colorado, USA