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ERX Stock Direxion Daily Energy Bull 2X ETF (ERX, $66.07) Aroon Indicator entered an Uptrend on April 02, 2025.

A.I.dvisor
at Tickeron.com
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ERX - Direxion Daily Energy Bull 2X ETF
Aroon signal
Bullish Trend
Odds of UP Trend
Tickeron
Aroon signal
Price: $66.07
Daily change: +$0.18 (+0.27%)
Daily volume: 268.1K
Net Assets: $271.2M
Over the last three days, A.I.dvisor has detected that ERX's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. A.I.dvisor backtested this indicator and found 278 similar cases, of which were successful. Based on this data, the odds of success are

Momentum Indicator for ERX turns positive, indicating new upward trend

ERX saw its Momentum Indicator move above the 0 level on March 17, 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 March 14, 2025. Looking at past instances where ERX's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .

ERX moved above its 50-day moving average on March 17, 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 March 24, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 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 .

ERX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 278 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 March 27, 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 .

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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/