| SPXL latest price $18.5100 (1.37%) ($17.8900 - $18.5200) on Fri. Sep. 11, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.76% (three month average) |
RSI | 49 |
Latest Price | $18.5100(1.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 0.3% a day on average for past five trading days. |
Weekly Trend | SPXL advances 0.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally 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 -1.88% 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 | -1.88% (StdDev 3.76%) |
Hourly BBV | 0 () |
Intraday Trend | 2.2% |
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