ERX

Direxion Daily Energy Bull 2X Shares [ERX] Stock Forecast

Buy or Sell ? Support and Resistance

What is MACD and how to read it?

How RSI can help?
RSI : 000

ERX Stock Summary

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ERX


Top 10 Correlated Stocks

ERX


In the News

01:17 11 Dec 2023 ERX

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.

12:10 11 Dec 2023 ERX

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.

11:16 11 Dec 2023 ERX

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.

09:13 11 Dec 2023 ERX

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.

01:59 11 Dec 2023 ERX

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.

01:45 11 Dec 2023 ERX

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.

01:28 11 Dec 2023 ERX

Did Fed Rate Hikes Break the Energy Market?

Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods.

11:23 11 Dec 2023 ERX

2 Volatile ETFs Are Gaining Popularity. Realize the Risks.

These volatile ETFs can make a lot of money in the right market, but they can lose a ton in the wrong market.

03:13 11 Dec 2023 ERX

ERX: A Short-Term Trading Product

Oil, gas, and energy stocks have declined from their highs. Three reasons why another rally is likely: SPR buying, seasonality, and Chinese and Indian demand. Traditional energy company profits are the president's target: Massive profits, share buybacks, and less drilling.

04:55 11 Dec 2023 ERX

ERX: Be Patient With This Energy ETF

The fundamental factors of demand and supply remain intact for the energy sector for the long term. The valuation and dividends are attractive for some of the energy stocks.

ERX Financial details

Company Rating
-
Market Cap
379.93M
Income
-
Revenue
-
Book val./share
-
Cash/share
-
Dividend
0.44
Dividend %
3.24%
Employees
-
Optionable
Yes
Shortable
Yes
Earnings
-
P/E
0
Forward P/E
-
PEG
-
P/S
-
P/B
-
P/C
-
P/FCF
-
Quick Ratio
-
Current Ratio
-
Debt / Equity
-
LT Debt / Equity
-
-
-
EPS (TTM)
-
EPS next Y
-
EPS next Q
-
EPS this Y
-
EPS next Y
-
EPS next 5Y
-
EPS last 5Y
-
Revenue last 5Y
-
Revenue Q/Q
-
EPS Q/Q
-
-
-
-
-
SMA20
-5.17%
SMA50
-16.67%
SMA100
-3.51%
Inst Own
0%
Inst Trans
0%
ROA
-
ROE
-
ROC
-
Gross Margin
-
Oper. Margin
-
Profit Margin
-
Payout
-
Shs Outstand
6.95M
Shs Float
0
-
-
-
-
Target Price
-
52W Range
47.96-74.79
52W High
-26.49%
52W Low
+15.74%
RSI
39
Rel Volume
0.78
Avg Volume
526.95K
Volume
410.62K
Perf Week
-6.06%
Perf Month
-6.74%
Perf Quarter
7.32%
Perf Half Y
-0.84%
-
-
-
-
Beta
1.35
-
-
Volatility
1.31%, 1.98%
Prev Close
0.5%
Price
54.4
Change
1.38%

ERX Financial Performance

ERX Frequently Asked Questions

What is Direxion Daily Energy Bull 2X Shares stock symbol ?

Direxion Daily Energy Bull 2X Shares is a US stock and trading under the symbol ERX

What is Direxion Daily Energy Bull 2X Shares stock quote today ?

Direxion Daily Energy Bull 2X Shares stock price is $54.4 today.

Is Direxion Daily Energy Bull 2X Shares stock public?

Yes, Direxion Daily Energy Bull 2X Shares is a publicly traded company.

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