| SPXL latest price $61.8800 (1.29%) ($61.2800 - $61.9000) on Wed. Nov. 27, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.81% (three month average) |
| RSI | 80 |
| Latest Price | $61.8800(1.29%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SPXL advances 0.9% a day on average for past five trading days. |
| Weekly Trend | SPXL advances 1.9% 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 -0.905% in a week (0% probabilities).
VIXM(-65%) VXX(-28%) TLT(-19%) 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 | -0.905% (StdDev 1.81%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.6% |
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