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ERX
ETF ticker: NYSE ARCA
AS OF
Jun 6, 11:35 AM (EDT)
Price
$49.32
Change
+$1.57 (+3.29%)
Net Assets
201.17M

ERX Direxion Daily Energy Bull 2X ETF Forecast, Technical & Fundamental Analysis

The investment seeks daily investment results of 200% of the daily performance of the Energy Select Sector Index... Show more

Category: #Trading
ERX
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for ERX with price predictions
Jun 05, 2025

Momentum Indicator for ERX turns negative, indicating new downward trend

ERX saw its Momentum Indicator move below the 0 level on May 23, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 94 similar instances where the indicator turned negative. In of the 94 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for ERX turned negative on June 04, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ERX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

ERX broke above its upper Bollinger Band on May 12, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 61 cases where ERX's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ERX advanced for three days, in of 365 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 270 cases where ERX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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ERX
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Interact to see
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Leveraged Equity
Address
Direxion Shares ETF Trust33 Whitehall Street,10th FloorNew York
Phone
866-476-7523
Web
http://www.direxioninvestments.com/
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ERX and ETFs

Correlation & Price change

A.I.dvisor indicates that over the last year, ERX has been loosely correlated with SSO. These tickers have moved in lockstep 63% of the time. This A.I.-generated data suggests there is some statistical probability that if ERX jumps, then SSO could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ERX
1D Price
Change %
ERX100%
-0.27%
SSO - ERX
63%
Loosely correlated
-1.03%
MLPR - ERX
62%
Loosely correlated
+0.93%
TQQQ - ERX
52%
Loosely correlated
-2.33%
QLD - ERX
52%
Loosely correlated
-1.57%
SOXL - ERX
49%
Loosely correlated
+2.79%
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