| SPXL latest price $19.9400 (2.73%) ($19.1800 - $20.0300) on Thu. Oct. 8, 2015. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 3.97% (three month average) |
| RSI | 59 |
| Latest Price | $19.9400(2.73%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SPXL advances 2.7% a day on average for past five trading days. |
| Weekly Trend | SPXL advances 3.4% a week on average for past two weeks. |
| Market Behavior | Broad based rally 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%) VT(92%) QQQ(91%) |
| Factors Impacting SPXL price | SPXL will decline at least -1.985% in a week (0% probabilities).
VIXM(-30%) TLT(-23%) UUP(-15%) IGOV(-6%) SHY(-5%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.985% (StdDev 3.97%) |
| Hourly BBV | 0 () |
| Intraday Trend | 3.5% |
| | |
| |
|