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Latest signal:

ERX Stock Analysis

Data source: Trade-Ideas Alerts | 26 alerts analyzed | Backtest period: 2022-01-18 → 2024-04-02

⚠️ Small sample size (26 alerts). Statistics may have high variance. Interpret with caution.

🏢 Company Profile

Direxion Daily Energy Bull 2X Shares
📍 NYSE Arca 📅 IPO: Nov 06, 2008
📊
26
Total Alerts
🎯
73.1%
Win Rate (30MIN)
💰
+0.40%
Avg Gain (30MIN)
🚀
+3.23%
Avg MFE (Max Potential)

📈 Performance by Timeframe

5MIN

Win Rate: 38.5%
Avg Gain: -0.32%
Avg Winner: +0.59%
Avg Loser: -0.88%
Best: +1.33%
Worst: -3.16%
Trades: 10/16

15MIN

Win Rate: 65.4%
Avg Gain: +0.17%
Avg Winner: +1.15%
Avg Loser: -1.68%
Best: +3.22%
Worst: -6.57%
Trades: 17/9

30MIN

Win Rate: 73.1%
Avg Gain: +0.40%
Avg Winner: +1.45%
Avg Loser: -2.45%
Best: +4.40%
Worst: -7.85%
Trades: 19/7

60MIN

Win Rate: 69.2%
Avg Gain: +0.56%
Avg Winner: +1.66%
Avg Loser: -1.92%
Best: +3.81%
Worst: -6.87%
Trades: 18/8

EOD (End of Day)

Win Rate: 65.4%
Avg Gain: +0.58%
Avg Winner: +2.23%
Avg Loser: -2.54%
Best: +6.69%
Worst: -8.03%
Trades: 17/9

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: +3.23%
Best MFE: +7.45%
Avg Time to MFE: 142 min

On average, ERX alerts reach +3.23% profit potential within 142 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -1.47%
Worst MAE: -3.97%
Avg Time to MAE: 11 min

Before reaching MFE, expect an average drawdown of 1.47%.

⚖️ Risk/Reward Ratio

2.2:1

Excellent risk/reward - potential gain is 2.2x the typical drawdown.

💡 Trading Insight: Based on 26 alerts, ERX typically reaches +3.23% profit before pulling back. Consider setting profit targets around 2.6% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 26
Gap Up % 38.5%
Avg Gap -0.28%
Best Gap +0.64%

📋 Last 20 Alerts

Historical ERX alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date Time Price 5min 15min 30min 60min EOD MFE MAE Gap Result
2024-04-02 09:27:30 $72.25 +0.69% +1.02% +1.73% +1.34% +2.26% +2.35% -0.62% +0.48% WIN
2023-10-09 09:29:00 $63.5 -0.65% -0.60% -0.46% +0.32% +0.77% +1.49% -1.81% -0.41% LOSS
2023-04-03 09:27:00 $63.27 -0.22% +0.75% +1.17% +1.45% +0.55% +1.69% -0.87% +0.21% LOSS
2022-10-20 09:25:00 $63.97 -0.43% -0.91% -0.08% +0.31% -1.88% +1.20% -1.56% -0.45% LOSS
2022-07-25 09:25:00 $46.77 +0.75% +0.98% +0.73% +1.99% +5.52% +5.56% -1.41% +0.64% WIN
2022-07-18 09:25:00 $45.36 -0.22% +0.55% +0.73% +0.48% -1.39% +1.85% -1.01% -0.48% LOSS
2022-07-13 09:25:00 $42.71 -0.49% +2.46% +4.40% -0.21% +0.77% +5.06% -1.66% -1.66% LOSS
2022-06-28 09:25:00 $52.35 +0.27% -0.74% +2.10% +1.95% +0.31% +3.42% -0.96% -0.10% WIN
2022-06-21 09:25:00 $51.73 +1.33% +1.66% +3.69% +3.81% +4.85% +6.24% -0.64% +0.15% WIN
2022-05-10 09:25:00 $55.34 +1.19% +0.81% +1.16% +3.42% -0.94% +3.88% -0.60% +0.13% WIN
2022-03-29 09:25:00 $53.88 -1.61% -2.02% -2.67% -0.74% +3.40% +3.49% -3.12% -0.52% LOSS
2022-03-23 09:25:00 $56.35 +0.04% +0.82% +0.60% -0.48% -0.12% +1.51% -0.21% -0.21% WIN
2022-03-15 09:25:00 $48.14 -0.10% +2.04% -1.23% -0.97% +0.77% +3.34% -3.05% +0.39% LOSS
2022-03-11 09:25:00 $55.26 +0.22% +2.59% +1.61% +1.83% +0.94% +3.49% -0.98% -0.78% WIN
2022-03-10 09:25:00 $54.21 +0.96% +0.06% +0.77% +2.60% +4.61% +5.09% -0.54% +0.48% WIN
2022-03-09 09:25:00 $53.11 -2.30% +0.36% +1.60% +0.92% +0.68% +5.50% -3.97% -0.72% LOSS
2022-03-08 09:25:00 $57.63 -0.40% -0.07% +2.69% +2.45% -1.21% +5.48% -1.30% -0.31% LOSS
2022-03-07 09:25:00 $55.09 -0.74% -0.94% +0.89% +2.92% +0.22% +3.32% -2.58% -0.53% LOSS
2022-03-03 09:25:00 $49.6 -0.18% +0.58% +0.16% +2.88% +2.30% +3.53% -0.77% -0.36% LOSS
2022-03-02 09:25:00 $49.8 -0.54% +0.70% +1.69% +0.96% +1.25% +2.81% -1.18% -0.50% LOSS

Table Metrics Explained:

  • 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
  • MFE: Maximum Favorable Excursion - highest profit potential reached during the day
  • MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
  • Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
  • Result: WIN if 5min change > 0%, LOSS otherwise

🚀 Beat the 73.1% Baseline on ERX

The 73.1% win rate is just the raw starting point. Launch the app to apply filters (Volume, RSI, Time) and see if you can push ERX's performance to 75%+.

Optimize ERX Strategy →

Why Analyze ERX with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for ERX. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, ERX historically offers an average upside of +3.23% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 ERX Momentum Personality

With a baseline win rate of 73.1%, ERX shows strong follow-through, making it a prime candidate for momentum strategies.

⏱️ Optimized Exit Timing

Don't guess when to sell. Our backtests show ERX performs best on the 30MIN timeframe (Avg Gain: +0.40%), signaling that gains often fade later in the session.