| SPXL latest price $25.1000 (0.97%) ($25.0000 - $25.2200) on Mon. Aug. 15, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.34% (three month average) |
RSI | 64 |
Latest Price | $25.1000(0.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 0.3% a day on average for past five trading days. |
Weekly Trend | SPXL advances 1.1% 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 -1.17% in a week (0% probabilities). VIXM(-24%) TLT(-21%) UUP(-18%) IPO(-8%) IBUY(-6%) |
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 | -1.17% (StdDev 2.34%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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