| SPXL latest price $53.0900 (2.91%) ($52.0600 - $53.4900) on Tue. Oct. 15, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.02% (three month average) |
RSI | 49 |
Latest Price | $53.0900(2.91%) |
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 -0.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based 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 -1.51% in a week (0% probabilities). VIXM(-65%) VXX(-29%) TLT(-20%) UUP(-13%) 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 | -1.51% (StdDev 3.02%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
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