ERX Technical Analysis & ETF Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Direxion Energy Bull 2X Shares (ERX) Moving Averages Convergence Divergence (MACD) indicator is 5.3, suggesting ERX is Strong buy.

Direxion Energy Bull 2X Shares (ERX) 20-Day simple moving average is 71.6, while Direxion Energy Bull 2X Shares (ERX) share price is $80.06, making it Buy.

Direxion Energy Bull 2X Shares (ERX) 60-Day simple moving average is 62, while Direxion Energy Bull 2X Shares (ERX) share price is $80.06, making it Buy.

Technical Analysis for ERX

Technical Sentiment Analysis for Direxion Energy Bull 2X Shares (ERX) As of 2026-02-12, Direxion Energy Bull 2X Shares (ERX) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 8 indicators are flashing buy, while 2 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ERX stands at 68.83, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 5.3, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 89.83 and the Commodity Channel Index (CCI) at 126.4 further confirm a 9.34 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, ERX is trading above its 60-day moving average of $62 and above its 200-day long-term moving average of $55.8. Key price levels to watch include the immediate resistance at $84.4 and strong support at $68.87. A break above $84.4 could signal a bull continuation, while falling below $68.87 may test the next Fibonacci floor at $60.96.

Direxion Energy Bull 2X Shares (ERX) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	53.34	60.96	68.87	76.49	84.4	92.02	99.93
Fibonacci	60.96	66.89	70.55	76.49	82.42	86.08	92.02

Direxion Energy Bull 2X Shares (ERX) Technical Indicators

2026-02-12

Name	Value
RSI_14	68.83
STOCHk_14_3_3	89.83
STOCHd_14_3_3	94.72
CCI_20	126.4
AO_5_34	13.82
MOM_10	9.34
MACD_12_26_9	5.3

Direxion Energy Bull 2X Shares (ERX) Relative Strength Index (RSI) is 68.83, creating a Neutral signal.

Direxion Energy Bull 2X Shares (ERX) Stochastic Oscillator is 89.83, creating a Sell signal.

Direxion Energy Bull 2X Shares (ERX) Stochastic RSI is 94.72, creating a Sell signal.

Direxion Energy Bull 2X Shares (ERX) Commodity Channel Index (CCI) is 126.4, creating a Sell signal.

Direxion Energy Bull 2X Shares (ERX) Awesome Oscillator is 13.82, creating a Buy signal.

Direxion Energy Bull 2X Shares (ERX) Momentum is 9.34, creating a Buy signal.

Direxion Energy Bull 2X Shares (ERX) MACD is 5.3, creating a Buy signal.

Direxion Energy Bull 2X Shares (ERX) Moving Average

2026-02-12

Period	Simple	Signal
MA_5	80.06	Neutral
MA_10	76.79	Buy
MA_20	71.6	Buy
MA_60	62	Buy
MA_200	55.8	Buy
MA_250	55.92	Buy

Direxion Energy Bull 2X Shares (ERX) 5-Day simple moving average is 80.06, while Direxion Energy Bull 2X Shares (ERX) share price is $80.06, making it a Neutral.

Direxion Energy Bull 2X Shares (ERX) 10-Day simple moving average is 76.79, while Direxion Energy Bull 2X Shares (ERX) share price is $80.06, making it a Buy.

Direxion Energy Bull 2X Shares (ERX) 20-Day simple moving average is 71.6, while Direxion Energy Bull 2X Shares (ERX) share price is $80.06, making it a Buy.

Direxion Energy Bull 2X Shares (ERX) 60-Day simple moving average is 62, while Direxion Energy Bull 2X Shares (ERX) share price is $80.06, making it a Buy.

Direxion Energy Bull 2X Shares (ERX) 200-Day simple moving average is 55.8, while Direxion Energy Bull 2X Shares (ERX) share price is $80.06, making it a Buy.

Direxion Energy Bull 2X Shares (ERX) 250-Day simple moving average is 55.92, while Direxion Energy Bull 2X Shares (ERX) share price is $80.06, making it a Buy.