| SPXL latest price $23.1000 (-0.86%) ($23.0200 - $23.3400) on Tue. Aug. 18, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.99% (three month average) |
RSI | 45 |
Latest Price | $23.1000(-0.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 0.4% a day on average for past five trading days. |
Weekly Trend | SPXL declines -0.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off 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 -0.995% in a week (0% probabilities). VIXM(-32%) TLT(-24%) UUP(-13%) IYT(-9%) IGOV(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.995% (StdDev 1.99%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
| |
|
|