| SPXL latest price $47.0900 (-0.17%) ($46.5800 - $47.5800) on Thu. Jun. 7, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.01% (three month average) |
RSI | 61 |
Latest Price | $47.0900(-0.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 1.4% a day on average for past five trading days. |
Weekly Trend | SPXL advances 1.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Growth stock 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(92%) |
Factors Impacting SPXL price | SPXL will decline at least -1.505% in a week (0% probabilities). VXX(-25%) TLT(-22%) UUP(-21%) VIXM(-18%) DIA(-9%) |
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 | -1.505% (StdDev 3.01%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
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