Trading Signals: SPXL Stock Price Prediction and Forecast

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Tue. Nov. 2, 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 $132.4800 (1.18%) ($131.0000 - $132.8300) on Tue. Nov. 2, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.1% (three month average)
RSI   92
Latest Price   $132.4800(1.18%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SPXL advances 0.8% a day on average for past five trading days.
Weekly Trend   SPXL advances 4.6% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Value stock rally 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 -1.05% in a week (0% probabilities).
VIXM(-52%)    UUP(-29%)    VXX(-13%)    IGOV(-5%)    TBT(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.05% (StdDev 2.1%)
Hourly BBV 1.5 ()
Intraday Trend 1%

5 Day Moving Average   $129.81(2.06%)
10 Day Moving Average   $128.09(3.43%)
20 Day Moving Average   $121.92(8.66%)
To recent high   0%
To recent low   24.4%
Market Cap   $N/A

Average daily price decay: -0%

$. SPXL is a 3x leveraged ETF. You'll lose 0% a day on average for holding it.$. SPXL price fluctuates within 6.28% (three month std-dev: 2.1%) daily (68% of days).

Sample size 50 Average positive next day return: 1.74%(46%) Average negative next day return: -1.23%(54%) Sample size 50 Average positive next three day return: 4.16%(52%) Average negative next three day return: -3.04%(48%) Sample size 50 Average positive next weekly return: 4.87%(46%) Average negative next weekly return: -3.35%(54%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20211202

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	Nov_2_2021	115.35	121.92	128.09	129.81	129.96	131.33	132.48(1.18%)	UT	HoldLong	65	0.3	84	80	60	156	4.29	55%	0.25	71.8	2.1%	1.5	1.4	92	1.3
2	Nov_1_2021	115.06	120.78	127.16	128.83	128.77	129.82	130.94(0.55%)	UT	HoldLong	65	0.3	76	60	44	170	5.62	55%	0.25	67.1	2.1%	1.2	1.3	92	1.2
3	Oct_29_2021	114.77	119.57	126.13	128.07	128.15	128.6	130.23(0.56%)	UT	HoldLong	65	0.3	74	30	37	183	5.79	55%	0.24	59.5	2.11%	0.9	1.4	89	1.2
4	Oct_28_2021	114.49	118.57	125.06	127.06	127.53	127.71	129.5(2.88%)	UT	HoldLong	65	0.3	58	20	17	180	4.85	55%	0.25	51.9	2.11%	1	1.5	79	1.2
5	Oct_27_2021	114.2	117.44	123.81	126.31	126.72	127.7	125.88(-1.36%)	UD	OpenLong	75	-0.1	60	60	18	184	4.28	54%	0.22	47.4	2.09%	-1.4	1.2	74	1.1

6	Oct_26_2021	113.95	116.67	122.43	126.08	126.17	127.34	127.61(0.39%)	UT	HoldLong	65	0.2	95	70	59	203	5.02	54%	0.23	48.4	2.09%	1.1	1.6	81	1.2
7	Oct_25_2021	113.69	115.77	120.72	125.2	125.15	125.74	127.12(1.53%)	UT	HoldLong	65	0.3	79	30	42	191	4.12	54%	0.23	48.2	2.09%	1.6	1.8	82	1.4
8	Oct_22_2021	113.43	115.21	119.1	123.88	124.17	125	125.2(-0.44%)	UD	OpenLong	75	0.2	77	50	41	186	6.49	56%	0.24	46.7	2.11%	0.6	1.7	84	1.5
9	Oct_21_2021	113.16	114.8	117.89	122.71	122.66	124.55	125.75(0.82%)	UT	OpenLong	75	0.5	95	110	64	189	3.87	57%	0.23	42.4	2.11%	1.6	1.9	72	1.8
10	Oct_20_2021	112.9	114.14	116.64	120.91	121.17	123.33	124.73(1.23%)	UT	OpenLong	75	0.8	135	130	113	202	4.44	59%	0.22	31.3	2.13%	1.1	2.1	75	1.7

11	Oct_19_2021	112.65	113.39	115.23	118.18	118.96	120.77	123.21(2.26%)	UT	OpenLong	75	1.1	117	130	102	160	4.14	56%	0.1	10.9	2.18%	1.4	2.2	65	1.9
12	Oct_18_2021	112.54	112.73	113.82	115.55	115.98	119.01	120.49(0.92%)	UT	OpenLong	75	1.3	93	190	85	115	4.15	55%	0.19	-16.6	2.24%	1.2	2	63	2.1
13	Oct_15_2021	112.33	112.48	112.41	113.61	113.88	117.14	119.39(2.27%)	UT	OpenLong	75	1.6	114	210	124	82	4.83	53%	0.19	-36	2.26%	1.1	1.9	50	2
14	Oct_14_2021	112.12	112.44	111.47	112.39	112.24	112.95	116.74(5.1%)	UT	OpenLong	75	1.2	53	40	62	24	5.95	52%	0.16	-46.5	2.25%	1.5	1.2	46	1.9
15	Oct_13_2021	111.94	112.58	110.47	112.39	111.85	110.61	111.08(0.95%)	DP	OpenShort	-75	-0.2	-35	-80	-34	-37	6.26	49%	0.11	-49.7	2.16%	0	-0.4	47	1.5

16	Oct_12_2021	111.82	112.9	110.44	111.82	112.81	111.52	110.03(-0.71%)	DT	OpenShort	-75	-0.4	-31	-50	-29	-36	7.41	49%	0.1	-54.8	2.16%	-1.5	-0.7	51	1.4
17	Oct_11_2021	111.71	113.38	110.47	111.75	112.29	113.1	110.82(-2.17%)	DT	OpenShort	-75	-0.2	-10	60	-4	-29	5.74	49%	0.13	-58.9	2.16%	-2.1	-0.6	51	1.3
18	Oct_8_2021	111.56	113.77	111.07	110.87	111.42	114.09	113.28(-0.54%)	N/A	N/A	0	0.5	63	180	85	-4	7.44	51%	0.15	-69.4	2.18%	0.2	-0.1	46	1.9
19	Oct_7_2021	111.39	114.16	111.49	110.36	109.9	111.48	113.9(2.54%)	RB	SmallLong	20	0.7	66	90	92	-12	7.73	51%	0.19	-71	2.2%	1	-0.1	43	1.4
20	Oct_6_2021	111.18	114.59	111.43	108.97	108.59	108.74	111.08(1.3%)	DP	OpenShort	-65	0.4	-15	-0	7	-81	12.11	49%	0.15	-73.8	2.18%	0.9	-0.7	39	0.7

21	Oct_5_2021	111.01	115.21	111.41	108.93	108.84	108.33	109.65(3%)	DP	OpenShort	-75	0.1	-36	-40	-12	-106	8	49%	0.12	-71.3	2.18%	1	-1	41	0.5
22	Oct_4_2021	110.88	115.98	111.56	109.07	109.48	108.43	106.46(-3.82%)	DT	OpenShort	-75	-0.5	-79	-60	-57	-143	10.9	47%	0.08	-70.2	2.16%	-1.1	-1.8	36	-0.2
23	Oct_1_2021	110.79	116.93	112.61	111.28	110.7	109.35	110.69(3.47%)	DP	OpenShort	-75	-0.1	-85	-100	-71	-128	11.37	51%	0.16	-56.6	2.13%	0.8	-1.2	40	-0
24	Sep_30_2021	110.61	117.62	113.51	112.85	112.84	110.53	106.98(-3.52%)	DT	OpenShort	-75	-1.1	-86	-140	-76	-116	12.51	49%	0.15	-46.1	2.09%	-1.5	-2	32	-0.8
25	Sep_29_2021	110.44	118.51	114.91	114.21	114.84	112.04	110.88(0.49%)	DP	OpenShort	-75	-0.7	-89	-150	-82	-108	10.12	51%		-40.8	2.05%	-0.4	-1.5	33	-1.1
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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