| SPXL latest price $22.0600 (4.75%) ($21.2300 - $22.1300) on Wed. Nov. 18, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.11% (three month average) |
RSI | 49 |
Latest Price | $22.0600(4.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 0.3% a day on average for past five trading days. |
Weekly Trend | SPXL declines -3.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SPXL advance at 0% a week (0% probability) IVW(97%) IWF(96%) IVE(94%) IWD(94%) VT(92%) |
Factors Impacting SPXL price | SPXL will decline at least -2.055% in a week (0% probabilities). VIXM(-29%) TLT(-23%) UUP(-16%) SHY(-5%) IGOV(-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 | -2.055% (StdDev 4.11%) |
Hourly BBV | 0 () |
Intraday Trend | 3.8% |
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