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ERY
ETF ticker: NYSE ARCA
AS OF
Jun 6 closing price
Price
$24.04
Change
-$0.96 (-3.84%)
Net Assets
17.86M

ERY Direxion Daily Energy Bear 2X ETF Forecast, Technical & Fundamental Analysis

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

Category: #Trading
ERY
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for ERY with price predictions
Jun 06, 2025

ERY in +4.30% Uptrend, growing for three consecutive days on June 05, 2025

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where ERY advanced for three days, in of 275 cases, the price rose further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for ERY just turned positive on May 22, 2025. Looking at past instances where ERY's MACD turned positive, the stock continued to rise in of 38 cases over the following month. The odds of a continued upward trend are .

The 10-day moving average for ERY crossed bullishly above the 50-day moving average on May 30, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 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 .

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

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 59 cases where ERY's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on June 06, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on ERY as a result. In of 84 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

ERY moved below its 50-day moving average on June 06, 2025 date and that indicates a change from an upward trend to a downward trend.

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

The Aroon Indicator for ERY entered a downward trend on May 22, 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.

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ERY
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--Inverse Equity
Address
Direxion Shares ETF Trust33 Whitehall Street,10th FloorNew York
Phone
866-476-7523
Web
http://www.direxioninvestments.com/
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ERY and ETFs

Correlation & Price change

A.I.dvisor indicates that over the last year, ERY has been closely correlated with WTID. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if ERY jumps, then WTID could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ERY
1D Price
Change %
ERY100%
-3.84%
WTID - ERY
98%
Closely correlated
-5.10%
SPXU - ERY
62%
Loosely correlated
-2.96%
SH - ERY
62%
Loosely correlated
-0.43%
PSQ - ERY
53%
Loosely correlated
-0.14%
SQQQ - ERY
52%
Loosely correlated
-2.78%
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