| SPXL latest price $52.1600 (-0.48%) ($52.0200 - $52.9500) on Fri. Jun. 21, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.26% (three month average) |
RSI | 94 |
Latest Price | $52.1600(-0.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 1.3% a day on average for past five trading days. |
Weekly Trend | SPXL advances 5.6% a week on average for past two weeks. |
Market Behavior | Normal 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 -1.13% in a week (0% probabilities). VXX(-30%) TLT(-21%) UUP(-12%) IFRA(-11%) IGOV(-3%) |
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 | -1.13% (StdDev 2.26%) |
Hourly BBV | 0 () |
Intraday Trend | -0% |
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