Decline depth
-20.9%
From rolling 252-day high of $110.78, 58d ago.
Past the 20% Watch threshold.
Watch
ERXDirexion Energy Bull 2X ETF
-20.9%
from rolling 252-day high of $110.78 set 2026-03-30 · 58d ago
Current
$87.67
Decline depth
-20.9%
Decline σ
4.4σ
TFC
0/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since it joined the list
$ERX landed on the list 2026-05-27, down 20.9% from its 52-week high that day — now down -20.9%.
Roughly where it joined — no recovery, no further break.
Decline from the 52-week high as it stood on 2026-05-27 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
ERX qualifies for the Watch on decline depth.
Time-frame continuity
0/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
4.4σ
Drop from local high over the last 5 bars, expressed in units of the stock's typical daily volatility (3.7% per day).
Past the ≥4σ Watch threshold.
The structural read
What price action says about ERX.
ERX qualifies for the Watch on decline depth — down -20.9% from its rolling 252-day high.
Cross-confirmation: decline sigma also reads 4.4σ over 5 bars.
52-week range
52W low $46.67
64.0% of range
52W high $110.78
Related — same sector
Closest decliners to ERX
Questions about ERX
What people ask.
Why is ERX on Broken Stocks?
ERX qualifies for the Watch on decline depth. It is down -20.9% from its rolling 252-day high of $110.78, set on 2026-03-30 — 58d ago.
Is ERX a falling knife?
No. The falling-knife label usually implies a steep, severe drop — typically 30% or more from a fresh high. ERX is down -20.9% from its 52-week high, which qualifies for the Watch tier but is shallower than the falling-knife pattern. It's an early-stage decline rather than a sharp breakdown.
Is ERX a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is ERX trading inside its 52-week range?
At $87.67, ERX sits 64.0% of the way from its 52-week low ($46.67) to its 52-week high ($110.78). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has ERX been declining?
The current 20.9% decline accrued over 58d, which annualizes to roughly -131.5% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.