| SPXL latest price $17.9700 (-4.16%) ($17.8500 - $19.3000) on Wed. Sep. 9, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.78% (three month average) |
RSI | 37 |
Latest Price | $17.9700(-4.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 0.8% a day on average for past five trading days. |
Weekly Trend | SPXL declines -2.6% 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) IWF(96%) IVE(95%) IWD(94%) QQQ(92%) VT(92%) |
Factors Impacting SPXL price | SPXL will decline at least -1.89% in a week (0% probabilities). VIXM(-31%) TLT(-24%) UUP(-15%) IGOV(-6%) SHY(-5%) |
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 | -1.89% (StdDev 3.78%) |
Hourly BBV | 0 () |
Intraday Trend | -6.7% |
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