| SPXL latest price $22.2600 (0.45%) ($21.6500 - $22.4200) on Tue. Nov. 24, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.52% (three month average) |
RSI | 45 |
Latest Price | $22.2600(0.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 1.1% a day on average for past five trading days. |
Weekly Trend | SPXL declines -0.2% a week on average for past two weeks. |
Market Behavior | Normal 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 -1.76% 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 | -1.76% (StdDev 3.52%) |
Hourly BBV | 0 () |
Intraday Trend | 2.2% |
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