| SPXL latest price $22.0000 (7.37%) ($21.1500 - $22.0300) on Thu. Dec. 18, 2014. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 2.74% (three month average) |
| RSI | 47 |
| Latest Price | $22.0000(7.37%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SPXL advances 0.7% a day on average for past five trading days. |
| Weekly Trend | SPXL declines -4.3% a week on average for past two weeks. |
| Market Behavior | Value stock rally for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support SPXL advance at 0% a week (0% probability)
IVE(95%) QQQ(92%) VT(92%) VYM(88%) XLK(88%) |
| Factors Impacting SPXL price | SPXL will decline at least -1.37% in a week (0% probabilities).
VIXM(-34%) TLT(-25%) UUP(-12%) IGOV(-7%) SHY(-6%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.37% (StdDev 2.74%) |
| Hourly BBV | 0 () |
| Intraday Trend | 2.8% |
| | |
| |
|