Trading Signals: ERY Stock Price Prediction and Forecast

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

Fri. Jul. 10, 2020

Trading Signals: ERY Stock Price Prediction and Forecast (Fri. Feb. 7, 2014 - Fri. May. 13, 2022)

(Direxion Daily Energy Bear 3X ETF)
ERY latest price $55.2300 (-6.48%) ($55.2300 - $59.8300) on Fri. Jul. 10, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   7.3% (three month average)
RSI   65
Latest Price   $55.2300(-6.48%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ERY advances 1.6% a day on average for past five trading days.
Weekly Trend   ERY advances 5.9% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Value stock rally for small cap.
Correlated ETFs   Broad market will support ERY advance at 0% a week (0% probability)
VXX(36%)    VIXM(35%)    TLT(29%)    BND(19%)    UUP(14%)
Factors Impacting ERY price   ERY will decline at least -3.65% in a week (0% probabilities).
XOP(-94%)    OIH(-91%)    IWN(-68%)    VYM(-67%)    XME(-66%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -3.65% (StdDev 7.3%)
Hourly BBV 0.3 ()
Intraday Trend -7.7%

5 Day Moving Average   $54.43(1.47%)
10 Day Moving Average   $53.06(4.09%)
20 Day Moving Average   $50.36(9.67%)
To recent high   -43.6%
To recent low   56.5%
Market Cap   $N/A

Average daily price decay: -0.05%

$. ERY is a 3x leveraged ETF. You'll lose 0.05% a day on average for holding it.$. ERY price fluctuates within 7.29% (three month std-dev: 7.3%) daily (68% of days).

Sample size 6 Average positive next day return: 1.76%(67%) Average negative next day return: -0.47%(33%) Sample size 6 Average positive next three day return: 2.03%(67%) Average negative next three day return: -1.07%(33%) Sample size 6 Average positive next weekly return: 3.32%(67%) Average negative next weekly return: -7.19%(33%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200810

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	Jul_10_2020	84.98	50.36	53.06	54.43	55.08	57.03	55.23(-6.48%)	UD	OpenLong	75	0.2	34	280	26	59	0.62	66%	0.06	98.8	7.3%	0.3	1.3	65	1.2
2	Jul_9_2020	84.93	50.05	52.54	53.55	53.13	55.05	59.06(9.7%)	UT	OpenLong	75	1.6	36	230	28	59	1.04	66%	0.11	103.2	7.32%	1.7	2.6	73	0.8
3	Jul_8_2020	84.84	49.17	51.75	52.11	51.45	53.13	53.84(0.35%)	UT	OpenLong	75	0.5	29	190	21	52	0.47	59%	0.02	92.1	7.21%	0.9	1.4	64	0.9
4	Jul_7_2020	84.82	48.41	51.07	51.24	50.61	51.22	53.65(6.47%)	UT	OpenLong	75	0.6	21	50	13	45	0.53	59%	-0.38	58.2	7.4%	0.4	1.4	69	0.7
5	Jul_6_2020	85.14	47.53	50.4	50.88	50.27	49.78	50.39(-0.79%)	UD	OpenLong	65	-0.1	4	-100	-7	35	0.49	59%	0.4	30	7.36%	0.3	0.6	58	1.1

6	Jul_2_2020	84.8	46.98	50.12	51.48	50.93	50	50.79(-2.08%)	UD	OpenLong	65	-0.1	6	-160	-7	43	0.31	43%	0.02	18.6	7.42%	-4.4	0.8	58	0.8
7	Jul_1_2020	84.78	46.7	49.66	51.32	51.51	50.76	51.87(4.79%)	UT	HoldLong	50	0.1	3	-90	-8	35	0.42	43%	0	10.9	7.72%	0.1	1.1	54	0.6
8	Jun_30_2020	84.78	46.36	49.18	51.34	51.82	51.85	49.5(-4.5%)	UD	OpenLong	75	-0.4	13	30	1	48	0.51	43%	-0.06	7.1	7.78%	-2.6	0.7	65	0.3
9	Jun_29_2020	84.83	46.28	48.68	50.8	51.52	52.25	51.83(-2.96%)	UD	OpenLong	75	0.2	25	140	14	59	0.39	43%	-0.01	1.1	7.78%	0.4	1.2	73	-0.2
10	Jun_26_2020	84.84	46.2	48.14	49.79	49.94	51.79	53.41(6.88%)	UT	HoldLong	65	0.8	30	270	17	68	0.46	46%	0.02	-7.7	8.18%	1.3	1.5	78	-0.9

11	Jun_25_2020	84.82	46.11	47.44	48.57	48.75	50.8	49.97(-3.89%)	UD	OpenLong	75	0.3	38	310	26	73	0.36	46%	0	-15.6	8.45%	0.5	0.8	67	-0.3
12	Jun_24_2020	84.82	46.2	47.35	47.75	47.19	48.1	51.99(11.11%)	UT	OpenLong	75	0.9	29	100	16	68	0.6	32%	-0.06	-19.9	8.56%	1.6	1.2	58	-0.7
13	Jun_23_2020	84.87	46.05	46.32	46.77	46.34	46.71	46.79(0%)	UD	OpenLong	65	0	15	30	5	43	0.31	36%	-0.13	-32.1	10.18%	0.3	0.2	53	-0
14	Jun_22_2020	84.98	46.23	45.52	46.23	46.26	46.29	46.79(-1.12%)	UD	OpenLong	75	0.1	9	10	4	25	0.41	36%	-0.09	-37	10.57%	0.8	0.1	49	-0.2
15	Jun_19_2020	85.06	46.56	44.45	46.21	45.34	45.98	47.32(3.16%)	N/A	N/A	0	0.2	-2	40	-4	3	0.37	32%	-0.04	-43.1	10.59%	0.6	0.2	46	-0.8

16	Jun_18_2020	85.09	46.84	43.62	46.15	46.25	46.24	45.87(-2.61%)	N/A	N/A	0	-0.1	1	0	4	-10	0.29	44%	-0.07	-49.6	10.82%	0.8	-0.2	43	-0.7
17	Jun_17_2020	85.15	47.14	43.55	46.88	46.2	44.71	47.1(6.85%)	DP	OpenShort	-75	0	-7	-270	-4	-15	0.34	44%	-0.04	-55.3	12.15%	0.4	-0	44	-0.9
18	Jun_16_2020	85.18	47.57	43.34	45.8	46.79	46.27	44.08(-5.61%)	DT	HoldShort	-50	-0.3	-5	-10	1	-24	0.41	52%	-0.08	-59	12.1%	0.2	-0.6	45	-1
19	Jun_15_2020	85.25	48.04	43.72	44.59	45.9	47.7	46.7(-0.6%)	N/A	N/A	0	0.4	6	360	16	-25	0.36	52%	0	-66.8	12.97%	-3.1	-0.2	46	-1.3
20	Jun_12_2020	85.25	48.83	44.07	42.31	43.18	47.32	46.98(-5.17%)	N/A	N/A	0	0.7	9	730	24	-35	0.61	54%	0.02	-61.7	13.28%	0.6	-0.3	43	-1.4

21	Jun_11_2020	85.23	49.61	44.57	40.68	40.54	44.11	49.54(18.74%)	N/A	N/A	0	1.2	9	610	25	-40	0.58	56%	0.06	-60.5	14.15%	1.7	-0	46	-2.6
22	Jun_10_2020	85.18	50.31	44.77	39.9	38.46	39.04	41.72(9.79%)	DP	OpenShort	-65	0.2	-13	-0	1	-53	0.48	51%	-0.02	-57.7	14.09%	0.5	-1.1	37	0.9
23	Jun_9_2020	85.2	51.22	45.59	40.69	39.98	36.97	38(7.65%)	DP	OpenShort	-75	-0.3	-27	-580	-15	-61	0.71	58%	-0.56	-57.3	14.12%	0.2	-1.6	25	1
24	Jun_8_2020	85.68	52.25	46.94	42.79	42.07	37.88	35.3(-9.07%)	DT	OpenShort	-75	-1	-37	-750	-31	-54	0.53	58%	-0.07	-57.5	16.03%	-0.2	-2.3	25	1.6
25	Jun_5_2020	85.74	53.36	48.92	46.01	45.39	42.98	38.82(-15%)	DT	HoldShort	-65	-1.1	-28	-410	-23	-44	0.54	61%		-62.9	16.13%	-1.3	-2.3	21	2
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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