| SPXL latest price $56.9800 (1.71%) ($55.0600 - $57.2900) on Thu. Oct. 22, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.26% (three month average) |
RSI | 64 |
Latest Price | $56.9800(1.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL declines -0.5% a day on average for past five trading days. |
Weekly Trend | SPXL advances 1.7% a week on average for past two weeks. |
Market Behavior | Value stock 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(96%) IWF(95%) DIA(93%) QQQ(92%) IVE(91%) |
Factors Impacting SPXL price | SPXL will decline at least -1.63% in a week (0% probabilities). VIXM(-57%) UUP(-30%) VXX(-19%) EDOC(-8%) TBT(-2%) |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.63% (StdDev 3.26%) |
Hourly BBV | 0.4 () |
Intraday Trend | 1.4% |
| |
|
|