| SPXL latest price $49.1300 (2.61%) ($48.6000 - $49.7000) on Wed. Oct. 9, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.97% (three month average) |
RSI | 36 |
Latest Price | $49.1300(2.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 0.6% a day on average for past five trading days. |
Weekly Trend | SPXL declines -3.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally 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 -1.485% in a week (0% probabilities). VIXM(-65%) VXX(-29%) TLT(-20%) UUP(-13%) IGOV(-2%) |
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 | -1.485% (StdDev 2.97%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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