| SPXL latest price $62.1600 (-3.55%) ($62.1200 - $64.9500) on Wed. Nov. 18, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.84% (three month average) |
RSI | 76 |
Latest Price | $62.1600(-3.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL declines -0.1% a day on average for past five trading days. |
Weekly Trend | SPXL advances 10.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -1.92% in a week (0% probabilities). VIXM(-55%) UUP(-30%) VXX(-18%) EDOC(-11%) TBT(-2%) |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.92% (StdDev 3.84%) |
Hourly BBV | -2.4 () |
Intraday Trend | -3.8% |
| |
|
|