| SPXL latest price $21.6900 (1.83%) ($21.6800 - $22.2500) on Mon. Jun. 20, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.74% (three month average) |
RSI | 46 |
Latest Price | $21.6900(1.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 0.1% a day on average for past five trading days. |
Weekly Trend | SPXL declines -1.9% 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%) QQQ(91%) |
Factors Impacting SPXL price | SPXL will decline at least -0.87% in a week (0% probabilities). VIXM(-26%) TLT(-22%) UUP(-19%) IPO(-7%) IGOV(-4%) |
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 | -0.87% (StdDev 1.74%) |
Hourly BBV | 0 () |
Intraday Trend | -1.5% |
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