ERX
Direxion Daily Energy Bull 2X Shares
ERX ETF Analysis: Buy, Sell, or Hold?
$109.98
+2.01 (+1.86%)
▲
5d:
+10.86%
30d:
-6.09%
90d:
+5.7%
QUANTITATIVE VERDICT
BUY
MODERATE Confidence (96%)
Quality Score
58/100
Position
SLIGHTLY LOW
30-Day Fair Range
$106.11 – $123.97
Position: SLIGHTLY LOW
Options IV & Volume
HIGH Vol
HIGH volume confirmation
Support / Resistance
$95.50 / $125.45
Trend: Strong Uptrend
Executive Thesis & Bottom Line
Forward Earnings Fair Value & Price Prediction →
💡 BUY OPPORTUNITY: ERX shows positive signals but monitor for confirmation. Moderate conviction.
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Interactive Price Chart (1 Month)
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In-depth Analysis How we analyze
Valuation Analysis: ERX is currently trading at $109.98, which is considered slightly low relative to its 30-day fair value range of $106.11 to $123.97.
Technical Outlook: Technically, ERX is in a strong uptrend. Immediate support is located at $95.50, while resistance sits at $125.44.
Market Sentiment: ERX scores 68/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. In the options market, Implied Volatility is low (0th percentile), suggesting options premiums are relatively cheap. This makes it an attractive time for long options strategies if you have a directional bias. Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Technical Outlook: Technically, ERX is in a strong uptrend. Immediate support is located at $95.50, while resistance sits at $125.44.
Market Sentiment: ERX scores 68/100 on our bottoming-setup gauge — the chart has corrected and is stabilizing (RSI reset, momentum turning up), historically a favorable entry zone. In the options market, Implied Volatility is low (0th percentile), suggesting options premiums are relatively cheap. This makes it an attractive time for long options strategies if you have a directional bias. Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Quick Decision Summary
Current Position
SLIGHTLY LOW
Historical Trading Range
$106.11 -
$123.97
Company Quality Score
58/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
95.5%
Trading Range & Key Levels
30-Day Trading Range
$106.11 -
$123.97
Current vs Trading Range
SLIGHTLY LOW
Expected Move (7 Days)
±$7.08
(6.4%)
Support Level
$95.50
Resistance Level
$125.45
Current Trend
Strong Uptrend
Technical data as of
Nov 13, 2026
Quantitative Signal Breakdown
- BULLISH: Price oversold vs 30-day range
- BULLISH: Options cheap (IV 0th percentile)
- BULLISH: Strong technical setup (68/100)
- BULLISH: High volume confirmation
- BULLISH: Bottoming setup score 68/100 — corrected, stabilizing, and turning up
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bloggers & journalists: you are free to use our charts with attribution.Reddit & Retail Trader Sentiment (ERX)
Bearish
1 Retail Mentions
Reddit / WSB Comments
1
Bearish
Last Tracked
Apr 22, 2026
Daily AI digest
AI Retail Discussion Summary:
Reddit & WallStreetBets discussions on ERX are bearish (sentiment score -0.85) across 1 tracked comments.
Aggregated from r/wallstreetbets, r/stocks & StockTwits streams.
View All Trending Reddit & WSB Stocks →
Last updated: November 14, 2026 5:57 AM ET
Data refreshes hourly during market hours. Next update: 6:57 AM
Data refreshes hourly during market hours. Next update: 6:57 AM
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