| SPXL latest price $23.6300 (-2.36%) ($23.5400 - $23.9500) on Mon. Sep. 26, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.13% (three month average) |
RSI | 41 |
Latest Price | $23.6300(-2.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 0.2% a day on average for past five trading days. |
Weekly Trend | SPXL declines -0.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -1.065% in a week (0% probabilities). VIXM(-24%) TLT(-22%) UUP(-18%) BOTZ(-6%) 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 | -1.065% (StdDev 2.13%) |
Hourly BBV | 0 () |
Intraday Trend | -1.1% |
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