| SPXL latest price $18.2900 (-1.19%) ($18.1400 - $18.5700) on Mon. Sep. 14, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.75% (three month average) |
RSI | 59 |
Latest Price | $18.2900(-1.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 1% a day on average for past five trading days. |
Weekly Trend | SPXL advances 1% 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) IWF(96%) IVE(95%) IWD(94%) QQQ(92%) VT(92%) |
Factors Impacting SPXL price | SPXL will decline at least -1.875% in a week (0% probabilities). VIXM(-30%) 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 | -1.875% (StdDev 3.75%) |
Hourly BBV | 0 () |
Intraday Trend | -1.5% |
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