| SPXL latest price $19.3500 (-0.72%) ($19.2200 - $20.2700) on Thu. Sep. 17, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.79% (three month average) |
RSI | 49 |
Latest Price | $19.3500(-0.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 1.2% a day on average for past five trading days. |
Weekly Trend | SPXL advances 1.1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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 -1.895% 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 | -1.895% (StdDev 3.79%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
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