| SPXL latest price $22.2800 (1.27%) ($22.0100 - $22.5600) on Fri. Dec. 19, 2014. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.74% (three month average) |
RSI | 53 |
Latest Price | $22.2800(1.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 2% a day on average for past five trading days. |
Weekly Trend | SPXL declines -3.4% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.37% (StdDev 2.74%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
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