| SPXL latest price $44.2400 (1.75%) ($43.2800 - $44.5300) on Mon. Nov. 5, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.71% (three month average) |
RSI | 39 |
Latest Price | $44.2400(1.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 2.1% a day on average for past five trading days. |
Weekly Trend | SPXL declines -3.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Rotation from growth to value 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 -1.355% in a week (0% probabilities). VXX(-24%) TLT(-22%) UUP(-21%) VIXM(-16%) DIA(-12%) |
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 | -1.355% (StdDev 2.71%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
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