The Technical Analyst
Direxion Energy Bull 3X [ERX]
Exchange: NYSE
Direxion Energy Bull 3X Price, Forecast, Insider, Ratings, Fundamentals & Signals
-0.18% $68.19
America/New_York / 8 mai 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 376.89 mill |
| EPS: | 7.53 |
| P/E: | 9.06 |
| Earnings Date: | N/A |
| SharesOutstanding: | 5.53 mill |
| Avg Daily Volume: | 0.552 mill |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.38x |
| Company: PE 9.06 | sector: PE 23.85 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0.67x |
| Company: PE 9.06 | industry: PE 13.52 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 66.02 - 70.36 ( +/- 3.19%) |
| ATR Model: 14 days |
Forecast:
16:00 - $68.18
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $68.18
Forecast 2: 16:00 - $68.18
Forecast 3: 16:00 - $68.18
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $68.19 (-0.18% ) |
| Volume | 0.394 mill |
| Avg. Vol. | 0.552 mill |
| % of Avg. Vol | 71.42 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For ERX
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
ERX
The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is provided by S&P Dow Jones Indices and includes domestic companies from the energy sector which includes the following industries: oil, gas and consumable fuels; and energy equipment and services. The fund is non-diversified.
Latest Press Releases
2020-03-27 20:42:00 - Press Release
Direxion Expedites The Change In Investment Objectives And Strategies Of Ten Daily Leveraged And Daily Inverse Leveraged Funds
/prnewswire/ -- the investment objective and strategy of each fund in the table below is currently to seek daily leveraged, or daily inverse leveraged,...
Latest News
2024-04-15 10:13:48 - ETF Trends
This Energy ETF Shows AI Isn't the Only Trade to Consider
AI may have the limelight, but it's not the only trade in town worth considering. Despite the ongoing news surrounding the energy transition to cleaner sources, fossil fuels continue to push higher as seen in rising oil and gas prices.
2024-04-09 12:01:04 - Zacks Investment Research
Pick Leveraged ETFs to Tap Surging Oil Prices
Investors could tap the bullish trend in the oil price with the help of leveraged ETFs to make quick profits, as these could see huge gains in a very short time frame compared to simple products.
2024-04-08 16:46:08 - Seeking Alpha
ERX: Turbocharging The XLE
Crude oil prices have posted double-digit percentage gains in 2024 after falling in 2023. The Energy Select Sector SPDR® Fund ETF, XLE, has experienced a double-digit percentage gain in 2024, indicating a positive outlook for the sector. The Direxion Daily Energy Bull 2X Shares ETF, ERX, offers the opportunity to amplify the upside price action in XLE through leverage, but comes with potential downside-time decay.
2024-01-25 14:00:46 - Seeking Alpha
ERX: A Compelling Case For Turbocharged Energy-Related Stocks
Energy was the worst-performing sector in the commodities market in 2023, with a decline of 21.85%. The current economic and geopolitical landscape suggests a bullish outlook for fossil fuel prices in 2024. The 2024 driving season and geopolitical tensions could lead to upside price spikes in the oil futures market.
2023-12-05 13:17:38 - Seeking Alpha
ERX: A Floor In Oil Could Send The Leveraged ETF Higher
OPEC's recent meeting ended in a stalemate, with unchanged production quotas and a "voluntary" program for additional output cuts. Oil prices have declined due to Chinese economic weakness, but the U.S. is looking to buy at $67-$72 per barrel to replenish its Strategic Petroleum Reserve. The Energy Select Sector SPDR® Fund ETF and Direxion Daily Energy Bull 2X Shares ETF funds offer opportunities for investors to capitalize on potential increases in oil-related share prices, but timing and risk management are crucial.
2023-10-10 12:10:57 - ETF Trends
Energy Performs Well in Q3, But Pullback Benefits Bears
The third quarter saw the energy sector surge, outpacing the majority of the S&P 500 while also benefiting energy bulls. However, a more recent pullback could offer opportunities for bears.
2023-10-09 11:16:13 - Zacks Investment Research
Oil Jumps on Middle East Conflict, Leveraged ETFs to Profit
Oil price jumped 5%, following a surprise severe attack on Israel by Palestinian militants, Hamas. Investors could tap the surging oil price with the help of leveraged energy ETFs to make quick profits.
2023-09-22 09:13:41 - ETF Trends
Add Energy to Your Trading Positions With This Pair of ETFs
While the spotlight has been on technology for much of 2023's market rally, energy shouldn't be ignored. Stubborn inflation is keeping these prices high, making way for trading opportunities in the sector.
2023-08-10 13:59:03 - Seeking Alpha
The Effect Of Technical Analysis On ETF Investing
I explain the methodology for choosing which ETFs to invest in, using a combination of technical and fundamental analysis to identify the best sectors and trends. I suggest that ETFs are not less than stocks but are used to diversify the portfolio and can be used as a good alternative investment to stocks. I conclude that investing in ETFs is an excellent method of investing exclusively or in tandem with a stock portfolio, and using technical analysis when monitoring the entire portfolio is worthwhile for all investors.
2023-08-10 13:45:46 - Zacks Investment Research
Oil Price at 2023 High: Make Profits With Leveraged ETFs
Oil price surged to the highest level in almost nine months. Investors could tap the bullish trend with the help of leveraged ETFs to make quick profits.