Trading Signals: SPXL Stock Price Prediction and Forecast

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Thu. Apr. 15, 2021

Trading Signals: SPXL Stock Price Prediction and Forecast (Fri. Jun. 29, 2012 - Fri. Dec. 22, 2023)

(Direxion Daily S&P500 Bull 3X ETF)
SPXL latest price $97.9000 (3.16%) ($96.4000 - $98.0850) on Thu. Apr. 15, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.9% (three month average)
RSI   92
Latest Price   $97.9000(3.16%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SPXL advances 1.1% a day on average for past five trading days.
Weekly Trend   SPXL advances 6.7% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support SPXL advance at 0% a week (0% probability)
IVW(97%)    IWF(96%)    DIA(94%)    QQQ(94%)    IVE(93%)
Factors Impacting SPXL price   SPXL will decline at least -1.45% in a week (0% probabilities).
VIXM(-55%)    UUP(-30%)    VXX(-16%)    TBT(-3%)    IGOV(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.45% (StdDev 2.9%)
Hourly BBV 1.5 ()
Intraday Trend 1.5%

5 Day Moving Average   $95.67(2.33%)
10 Day Moving Average   $93.45(4.76%)
20 Day Moving Average   $88.2(11%)
To recent high   0%
To recent low   41%
Market Cap   $N/A

Average daily price decay: -0.01%

$. SPXL is a 3x leveraged ETF. You'll lose 0.01% a day on average for holding it.$. SPXL price fluctuates within 6.75% (three month std-dev: 2.9%) daily (68% of days).

Sample size 50 Average positive next day return: 1.77%(48%) Average negative next day return: -1.79%(52%) Sample size 50 Average positive next three day return: 3.2%(48%) Average negative next three day return: -3.45%(52%) Sample size 50 Average positive next weekly return: 4.66%(56%) Average negative next weekly return: -5.46%(44%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210515

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Apr_15_2021	77.58	88.2	93.45	95.67	95.66	96.31	97.9(3.16%)	UT	HoldLong	65	0.4	62	50	32	151	5.85	64%	0.44	55	2.9%	1.5	1.6	92	1.8
2	Apr_14_2021	77.24	87.5	92.18	94.65	94.82	95.41	94.9(-0.94%)	UD	OpenLong	75	0	52	50	19	150	6.93	63%	0.4	58.6	2.9%	-0.7	1.3	92	1.4
3	Apr_13_2021	76.93	86.94	91.13	93.97	94.09	95.01	95.8(0.93%)	UT	HoldLong	65	0.3	63	70	31	157	4.51	63%	0.44	63.4	2.9%	2	1.7	88	1.7
4	Apr_12_2021	76.59	86.33	90.01	93.04	93.07	94.22	94.92(0.12%)	UT	HoldLong	65	0.4	63	90	32	154	4.52	63%	0.47	73	2.9%	1.3	1.8	77	1.8
5	Apr_9_2021	76.23	85.7	88.97	92.35	92.22	93.17	94.81(2.14%)	UT	HoldLong	65	0.6	71	70	41	162	4.8	63%	0.43	82.8	2.89%	1.8	2.1	79	1.5

6	Apr_8_2021	75.9	85.04	87.58	90.89	91.41	91.91	92.82(1.44%)	UT	HoldLong	65	0.5	64	60	37	143	4.32	63%	0.42	95.9	2.9%	1.8	2	76	1.5
7	Apr_7_2021	75.58	84.39	86.26	89.32	90.01	91.28	91.5(0.37%)	UT	OpenLong	75	0.6	54	120	35	110	4.19	64%	0.39	98.8	2.91%	-0.2	2	62	1.4
8	Apr_6_2021	75.29	83.73	85.16	87.82	88.4	90.92	91.16(-0.31%)	UD	OpenLong	75	1	74	220	67	95	4.84	64%	0.36	93.3	2.95%	0.6	2.2	62	1.2
9	Apr_5_2021	75.02	82.95	84.27	86.5	86.52	88.73	91.44(4.46%)	UT	OpenLong	75	1.5	77	180	76	78	6.72	64%	0.59	76.3	2.95%	1.4	2.5	62	1.3
10	Apr_1_2021	74.58	82.19	83.14	85.14	84.89	85.89	87.54(3.05%)	UT	OpenLong	75	0.7	46	70	47	44	5.21	60%	0.36	63.6	2.95%	1.3	1.5	60	1.3

11	Mar_31_2021	74.31	81.46	82.48	83.8	83.94	84.31	84.95(1.13%)	UT	OpenLong	75	0.3	27	40	30	16	5.66	58%	0.32	48.8	2.95%	1.4	1	56	1.2
12	Mar_30_2021	74.07	80.99	82.41	82.71	82.6	83.89	84(-0.69%)	UD	OpenLong	75	0.4	15	110	18	7	6.38	58%	0.33	32	2.95%	0.7	0.9	61	1.2
13	Mar_29_2021	73.83	80.72	82.39	82.04	81.88	83.58	84.58(-0.06%)	UD	OpenLong	75	0.8	42	140	48	22	6.76	58%	0.35	26.3	2.95%	1.5	1.2	65	1
14	Mar_26_2021	73.57	80.49	82.33	81.67	81.26	81.31	84.63(4.68%)	UT	OpenLong	75	0.9	28	-10	28	29	7.58	58%	0.37	24.5	2.94%	1.2	1.2	71	1.4
15	Mar_25_2021	73.3	80.01	82.13	80.9	81.02	80.18	80.85(1.72%)	N/A	N/A	0	-0	-13	-70	-22	13	9.62	56%	0.36	10.5	2.91%	-0.1	0.3	63	1.1

16	Mar_24_2021	73.04	79.79	82.31	80.98	81.34	81.22	79.48(-1.49%)	N/A	N/A	0	-0.4	-9	0	-24	37	6.94	56%	0.38	4	2.93%	-2.3	-0.1	68	1
17	Mar_23_2021	72.76	79.91	82.44	82.05	81.74	81.86	80.68(-2.45%)	UD	OpenLong	65	-0.4	15	-0	-5	73	6.42	56%	0.44	12.5	2.93%	-1.4	0.2	62	1.1
18	Mar_22_2021	72.44	79.85	82.29	82.74	82.34	81.46	82.71(2.38%)	UD	OpenLong	65	-0	12	-90	-12	83	4.62	56%	0.5	14.2	2.9%	0.7	0.8	58	1.9
19	Mar_19_2021	72.08	79.85	81.63	83.1	82.93	81.63	80.79(-0.54%)	N/A	N/A	0	-0.7	-11	-120	-38	70	5.24	56%	0.46	12.7	2.88%	-0.8	0.3	51	1.6
20	Mar_18_2021	71.75	79.66	81.27	83.53	83.59	83.22	81.23(-4.27%)	UD	OpenLong	65	-0.7	8	-30	-19	89	7.67	56%	0.48	15.8	2.9%	-2.2	0.5	61	1.2

21	Mar_17_2021	71.41	79.65	80.49	83.8	83.53	84.23	84.85(0.84%)	UT	OpenLong	75	0.3	39	50	17	104	6.24	59%	0.45	18.3	2.84%	1.4	1.5	64	2.1
22	Mar_16_2021	71.09	79.49	79.54	82.85	83.14	83.96	84.14(-0.39%)	UD	OpenLong	75	0.4	51	80	40	84	5.58	59%	0.44	12.9	2.85%	0.9	1.4	52	1.9
23	Mar_15_2021	70.78	79.37	78.93	81.75	82.09	82.83	84.47(1.82%)	UT	OpenLong	75	0.9	44	80	37	65	4.36	61%	0.4	5.3	2.85%	1.4	1.6	56	2.4
24	Mar_12_2021	70.5	79.24	78.44	79.96	80.88	82.33	82.96(0.48%)	UT	OpenLong	75	1	43	160	43	44	4.35	61%	0.38	-6.5	2.86%	0.6	1.2	55	1.8
25	Mar_11_2021	70.23	79.14	77.63	78.68	79.52	81.35	82.56(3.03%)	UT	OpenLong	75	1.3	59	190	71	21	6.21	61%		-14.3	2.89%	1.2	1.1	51	1.5
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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