Energy Bull 2X Direxion (ERX) |
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25.44 1.18 (4.86%)
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03-05 09:01 |
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Open: |
24.78 |
Pre. Close: |
24.26 |
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High:
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26.31 |
Low:
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24.26 |
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Volume:
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11,375,859 |
Market Cap:
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0M |
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The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Energy Select Sector Index.
The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments and securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or 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. |
Stock Price Prediction |
Update at 5:00pm EST |
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If tomorrow:
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Open lower
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Open higher
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High:
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26.344 - 26.451 |
26.451 - 26.552 |
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Low:
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24.01 - 24.122 |
24.122 - 24.228 |
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Close:
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25.256 - 25.436 |
25.436 - 25.608 |
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Technical analysis |
as of: 2021-03-05 8:45:52 AM |
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Overall:
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| Stoxline posted a BUY today, upgraded from lower rating. Upward movement to be expected. |
| Target: |
Six months: 30.73 One year: 35.89 |
| Support: |
Support1: 19.31 Support2: 14.98 |
| Resistance: |
Resistance1: 26.31 Resistance2: 30.73 |
| Pivot: |
22.37 |
| Moving Average: |
MA(5): 23.97 MA(20): 21.45
MA(100): 15.27 MA(250): 14.33  |
| MACD: |
MACD(12,26): 1.89 Signal(9): 1.63 |
| Stochastic oscillator: |
%K(14,3): 83.32 %D(3): 79.10 |
| RSI: |
RSI(14): 70.35 |
| 52-week: |
High: 40.00 Low: 5.00 Change(%): -55.3 |
| Average Vol(K): |
3-Month: 545928 10-Days: 788412 |
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Price, moving averages and Bollinger Bands |
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Price and moving averages has closed above its Short term moving average. Short term moving average is currently above mid-term; AND above long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BULLISH in short-term; and BULLISH in mid-long term.ERX has closed below upper band by 9.9%. Bollinger Bands are 60.9% wider than normal. The large width of the bands suggest high volatility as compared to ERX's normal range. The bands have been in this wide range for 13 bars. This is a sign that the current trend might continue. |
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Headline News |
Thu, 04 Feb 2021
Energy ETFs Gain as Oil Stockpiles Fall - Investopedia
Wed, 30 Dec 2020
Think The Energy Sector Can't Get Any Worse? This Leveraged ETF Is For You - MarketWatch
Mon, 16 Nov 2020
A Looming Bullish Reversal In Crude Oil - Seeking Alpha
Fri, 23 Oct 2020
A Beaten Up Energy ETF May Win Either Way On Election Day - Benzinga
Fri, 04 Sep 2020
ETFs ERX: Direxion Daily Energy Bull 2X ETF - Investopedia
Sun, 09 Aug 2020
ERX: Stay Away - Seeking Alpha
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Financial Analysis |
| Growth |
n/a |
| Growth measures the growth of both a company's revenue and net income. it tells investors how fast a company is growing. |
| Profitability |
n/a |
| Profitability measures a company’s ability to generate earnings as compared to its expenses and other relevant costs. |
| Solvency |
n/a |
| Solvency measures a company's ability to meet its long-term debts. Acceptable solvency ratios will vary from industry to industry. |
| Efficiency |
n/a |
| Efficiency measures the strength of a company's return on invested capital. It can identify business that are better managed or not. |
| Price to Book Value: |
Neutral |
Discounted cash flow: |
Neutral |
| Return on Assets: |
Neutral |
Price to Earnings: |
Neutral |
| Return on Equity: |
Neutral |
Debt to Equity: |
Neutral |
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