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ERX
ETF ticker: NYSE ARCA
AS OF
Jul 10, 04:59 PM (EDT)
Price
$56.09
Change
+$0.22 (+0.39%)
Net Assets
246.57M

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
Jul 09, 2025

Momentum Indicator for ERX turns positive, indicating new upward trend

ERX saw its Momentum Indicator move above the 0 level on July 08, 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 95 similar instances where the indicator turned positive. In of the 95 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 July 08, 2025. Looking at past instances where ERX's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .

ERX moved above its 50-day moving average on June 09, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for ERX crossed bullishly above the 50-day moving average on June 11, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. 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 274 cases where ERX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for ERX moved out of overbought territory on June 23, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 43 similar instances where the indicator moved out of overbought territory. In of the 43 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

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 June 10, 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.

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ERX
Daily Signalchanged days ago
Gain/Loss if bought
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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 MLPR. These tickers have moved in lockstep 62% of the time. This A.I.-generated data suggests there is some statistical probability that if ERX jumps, then MLPR could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ERX
1D Price
Change %
ERX100%
-1.16%
MLPR - ERX
62%
Loosely correlated
-0.24%
SPXL - ERX
62%
Loosely correlated
+1.74%
SSO - ERX
61%
Loosely correlated
+1.18%
TQQQ - ERX
52%
Loosely correlated
+2.07%
QLD - ERX
52%
Loosely correlated
+1.41%
More