| SPXL latest price $82.8400 (5.83%) ($78.8800 - $83.9200) on Thu. May. 26, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.88% (three month average) |
RSI | 44 |
Latest Price | $82.8400(5.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 2.4% a day on average for past five trading days. |
Weekly Trend | SPXL declines -1.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SPXL advance at 0% a week (0% probability) IVW(98%) IWF(97%) IVE(96%) DIA(95%) IWD(94%) |
Factors Impacting SPXL price | SPXL will decline at least -2.44% in a week (0% probabilities). VIXM(-36%) UUP(-30%) TBT(-10%) VXX(-6%) UNG(10%) |
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 | -2.44% (StdDev 4.88%) |
Hourly BBV | 1.4 () |
Intraday Trend | 4.8% |
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