| SPXL latest price $143.4100 (-0.8%) ($143.1610 - $145.1600) on Fri. Dec. 31, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.55% (three month average) |
RSI | 54 |
Latest Price | $143.4100(-0.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 0.5% a day on average for past five trading days. |
Weekly Trend | SPXL advances 3.5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SPXL advance at 0% a week (0% probability) IVW(98%) IWF(97%) DIA(95%) IVE(95%) QQQ(95%) |
Factors Impacting SPXL price | SPXL will decline at least -1.275% in a week (0% probabilities). VIXM(-50%) UUP(-31%) VXX(-11%) TBT(-7%) 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 | -1.275% (StdDev 2.55%) |
Hourly BBV | -0.8 () |
Intraday Trend | -0.4% |
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