| SPXL latest price $103.0300 (0.5%) ($101.9400 - $103.0900) on Fri. Jun. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.13% (three month average) |
RSI | 78 |
Latest Price | $103.0300(0.5%) |
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 1.6% a week on average for past two weeks. |
Market Behavior | Normal 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%) IWF(97%) DIA(94%) QQQ(94%) IVE(93%) |
Factors Impacting SPXL price | SPXL will decline at least -1.065% in a week (0% probabilities). VIXM(-54%) UUP(-30%) VXX(-15%) TBT(-2%) IGOV(1%) |
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 | -1.065% (StdDev 2.13%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0.1% |
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