| SPXL latest price $20.0500 (0.4%) ($19.8500 - $20.0900) on Mon. Oct. 12, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.94% (three month average) |
RSI | 66 |
Latest Price | $20.0500(0.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 0.9% a day on average for past five trading days. |
Weekly Trend | SPXL advances 6.5% a week on average for past two weeks. |
Market Behavior | Normal 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 -1.97% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.97% (StdDev 3.94%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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