| SPXL latest price $22.7100 (0.13%) ($22.6800 - $22.8800) on Wed. Dec. 24, 2014. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.7% (three month average) |
RSI | 51 |
Latest Price | $22.7100(0.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 2% a day on average for past five trading days. |
Weekly Trend | SPXL advances 1.6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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 -1.35% 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 | -1.35% (StdDev 2.7%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
| |
|
|