| SPXL latest price $21.0700 (1.59%) ($20.4200 - $21.2400) on Wed. Jan. 21, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.39% (three month average) |
RSI | 40 |
Latest Price | $21.0700(1.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 0.3% a day on average for past five trading days. |
Weekly Trend | SPXL declines -2.2% 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 -1.195% in a week (0% probabilities). VIXM(-33%) TLT(-24%) UUP(-13%) SHY(-6%) IGOV(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.195% (StdDev 2.39%) |
Hourly BBV | 0 () |
Intraday Trend | 2.4% |
| |
|
|