| SPXL latest price $44.5800 (-0.65%) ($44.4500 - $44.9800) on Thu. Feb. 28, 2019. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 3.86% (three month average) |
| RSI | 82 |
| Latest Price | $44.5800(-0.65%) |
| 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 3.6% a week on average for past two weeks. |
| Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
| Correlated ETFs | Broad market will support SPXL advance at 0% a week (0% probability)
IVW(97%) DIA(96%) IWF(96%) IVE(94%) IWD(94%) |
| Factors Impacting SPXL price | SPXL will decline at least -1.93% in a week (0% probabilities).
VXX(-23%) UUP(-22%) TLT(-21%) VIXM(-13%) XHB(-11%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.93% (StdDev 3.86%) |
| Hourly BBV | 0 () |
| Intraday Trend | -0.4% |
| | |
| |
|