| SPXL latest price $120.4900 (0.92%) ($117.3100 - $120.7500) on Mon. Oct. 18, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.24% (three month average) |
RSI | 63 |
Latest Price | $120.4900(0.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 1.7% a day on average for past five trading days. |
Weekly Trend | SPXL advances 3% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SPXL advance at 0% a week (0% probability) IVW(97%) IWF(97%) QQQ(95%) DIA(94%) IVE(94%) |
Factors Impacting SPXL price | SPXL will decline at least -1.12% in a week (0% probabilities). VIXM(-52%) UUP(-30%) VXX(-13%) TBT(-4%) IGOV(-4%) |
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 | -1.12% (StdDev 2.24%) |
Hourly BBV | 1.2 () |
Intraday Trend | 2.2% |
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