| SPXL latest price $48.7700 (0.54%) ($48.1600 - $48.8600) on Mon. Jul. 23, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.78% (three month average) |
RSI | 75 |
Latest Price | $48.7700(0.54%) |
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 3.3% a week on average for past two weeks. |
Market Behavior | Value stock rally 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 -0.89% in a week (0% probabilities). VXX(-25%) TLT(-22%) UUP(-21%) VIXM(-17%) 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 | -0.89% (StdDev 1.78%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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