| SPXL latest price $44.6500 (-0.82%) ($44.3700 - $45.0100) on Fri. May. 25, 2018. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 3.07% (three month average) |
| RSI | 69 |
| Latest Price | $44.6500(-0.82%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SPXL advances 0.2% a day on average for past five trading days. |
| Weekly Trend | SPXL advances 1.6% a week on average for past two weeks. |
| Market Behavior | Value stocks sell-off for large cap. Normal 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(92%) |
| Factors Impacting SPXL price | SPXL will decline at least -1.535% in a week (0% probabilities).
VXX(-25%) TLT(-22%) UUP(-21%) VIXM(-18%) DIA(-8%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.535% (StdDev 3.07%) |
| Hourly BBV | 0 () |
| Intraday Trend | -0.1% |
| | |
| |
|