MENU
+Compare
ERX
ETF ticker: NYSE ARCA
AS OF
Aug 28, 04:59 PM (EDT)
Price
$56.87
Change
+$0.78 (+1.39%)
Net Assets
226.61M

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
Show more...
Interact to see
Advertisement
A.I.Advisor
a Summary for ERX with price predictions
Aug 27, 2025

Momentum Indicator for ERX turns positive, indicating new upward trend

ERX saw its Momentum Indicator move above the 0 level on August 20, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 96 similar instances where the indicator turned positive. In of the 96 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for ERX just turned positive on August 21, 2025. Looking at past instances where ERX's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .

ERX moved above its 50-day moving average on August 22, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ERX advanced for three days, in of 372 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The 10-day moving average for ERX crossed bearishly below the 50-day moving average on August 11, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 19 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

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 August 21, 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.

The Aroon Indicator for ERX entered a downward trend on August 18, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

View a ticker or compare two or three
ERX
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Interact to see
Advertisement
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/
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
TINVX25.14N/A
N/A
Thornburg International Growth R4
PCODX33.48N/A
N/A
Victory Pioneer C
JHSOX20.24N/A
N/A
JHancock New Opportunities I
EIVDX16.18N/A
N/A
Allspring Special Large Cap Value Admin
WCFOX12.61N/A
N/A
WCM Focused International Opps Inv

ERX and ETFs

Correlation & Price change

A.I.dvisor indicates that over the last year, ERX has been loosely correlated with SPXL. 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 SPXL could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ERX
1D Price
Change %
ERX100%
+2.32%
SPXL - ERX
63%
Loosely correlated
+0.64%
MLPR - ERX
62%
Loosely correlated
N/A
SSO - ERX
58%
Loosely correlated
+0.46%
TQQQ - ERX
49%
Loosely correlated
+0.45%
QLD - ERX
49%
Loosely correlated
+0.28%
More