| SPXL latest price $53.7300 (0.37%) ($53.2700 - $54.1300) on Thu. Oct. 24, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3% (three month average) |
RSI | 61 |
Latest Price | $53.7300(0.37%) |
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 3.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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 -1.5% in a week (0% probabilities). VIXM(-65%) VXX(-28%) 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 | -1.5% (StdDev 3%) |
Hourly BBV | 0 () |
Intraday Trend | -0.6% |
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