Trading Signals: SPXL Stock Price Prediction and Forecast

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Wed. Jun. 1, 2022

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 $85.3700 (-2.38%) ($83.6400 - $89.5600) on Wed. Jun. 1, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.92% (three month average)
RSI   61
Latest Price   $85.3700(-2.38%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SPXL advances 2.2% a day on average for past five trading days.
Weekly Trend   SPXL advances 3.4% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Growth stock sell-off for small cap.
Correlated ETFs   Broad market will support SPXL advance at 0% a week (0% probability)
IVW(98%)    IWF(97%)    IVE(96%)    DIA(94%)    IWD(94%)
Factors Impacting SPXL price   SPXL will decline at least -2.46% in a week (0% probabilities).
VIXM(-34%)    UUP(-30%)    TBT(-12%)    VXX(-6%)    UNG(10%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.46% (StdDev 4.92%)
Hourly BBV -0.3 ()
Intraday Trend -2.8%

5 Day Moving Average   $84.59(0.92%)
10 Day Moving Average   $80.3(6.31%)
20 Day Moving Average   $81.81(4.35%)
To recent high   -33.2%
To recent low   15.8%
Market Cap   $N/A

Average daily price decay: -0.02%

$. SPXL is a 3x leveraged ETF. You'll lose 0.02% a day on average for holding it.$. SPXL price fluctuates within 8.03% (three month std-dev: 4.92%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20220701

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	Jun_1_2022	105.69	81.81	80.3	84.59	85.54	87.12	85.37(-2.38%)	UD	OpenLong	75	0.1	30	160	23	51	12.14	48%	-0.51	-26.9	4.92%	-0.3	0.5	61	1.5
2	May_31_2022	106.23	82.07	80.19	82.76	83.14	87.19	87.45(-1.75%)	UD	OpenLong	75	0.7	60	350	61	58	9.33	48%	-0.73	-33.3	4.97%	0.9	0.8	58	1.4
3	May_27_2022	107.01	82.17	79.4	80.86	80.01	83.95	89.01(7.45%)	UT	OpenLong	75	1.2	73	310	80	51	9.04	48%	-0.46	-46.2	4.94%	1.4	1	59	1.8
4	May_26_2022	107.5	82.11	78.51	77.83	77.48	79.08	82.84(5.83%)	UT	OpenLong	75	0.6	40	130	52	4	10.21	46%	-0.52	-56.8	4.88%	1.4	0.1	44	1.8
5	May_25_2022	108.06	82.89	77.81	76	75.6	76.08	78.28(2.72%)	DP	OpenShort	-65	0.3	-4	30	10	-47	9.53	46%	-0.63	-64.8	4.86%	1.5	-0.6	38	1.7

6	May_24_2022	108.75	83.62	77.63	75.39	74.84	75.88	76.21(-2.26%)	DT	OpenShort	-75	0.1	-29	80	-8	-90	9.91	47%	-0.65	-76.1	4.92%	0.6	-0.9	29	2.1
7	May_23_2022	109.46	84.43	78.02	77.24	75.72	75.13	77.97(5.58%)	DP	OpenShort	-75	0.1	-23	-110	-1	-88	8.28	46%	-0.61	-76.7	4.95%	1.2	-0.7	40	2.2
8	May_20_2022	110.13	85.55	78.18	77.76	77.67	73.8	73.85(0.19%)	DP	OpenShort	-75	-0.4	-62	-350	-44	-117	14.26	44%	-0.65	-76.6	4.91%	-1	-1.3	37	2
9	May_19_2022	110.85	86.85	79.57	79.28	79.45	76.32	73.71(-2.02%)	DT	OpenShort	-75	-0.6	-78	-270	-65	-116	12.03	44%	-0.65	-72.2	4.95%	-1	-1.3	39	1.7
10	May_18_2022	111.58	88.56	81.14	79.76	81	81.54	75.23(-11.93%)	DT	OpenShort	-75	-0.4	-30	90	-6	-100	11.12	44%	-0.64	-67.8	4.99%	-2.1	-1.3	33	2

11	May_17_2022	112.3	90.43	83.55	79.99	80.11	82.59	85.42(5.99%)	N/A	N/A	0	0.5	9	220	37	-77	9.31	46%	-0.54	-63	4.77%	1.9	-0.4	45	1.8
12	May_16_2022	112.91	91.77	84.11	78.94	78.7	80.45	80.59(-1.07%)	N/A	N/A	0	0.1	0	150	30	-89	8.98	44%	-0.3	-62.3	4.76%	0.7	-1	42	2.4
13	May_13_2022	113.25	93.16	85.12	78.76	78.86	77.63	81.46(7.06%)	DP	OpenShort	-75	0.2	-32	-110	-3	-117	12.15	45%	-0.53	-66.3	4.73%	1	-1	37	1.6
14	May_12_2022	113.85	94.51	85.92	80.12	79.29	76.94	76.09(-0.41%)	DT	OpenShort	-75	-0.3	-88	-240	-68	-148	15.01	43%	-0.55	-66.8	4.67%	-1.3	-1.6	34	1.6
15	May_11_2022	114.48	96.37	88.33	82.84	82.46	80.09	76.4(-4.67%)	DT	OpenShort	-75	-0.6	-80	-210	-62	-134	14.08	41%	-0.5	-64.3	4.71%	-2.3	-1.8	30	1.8

16	May_10_2022	115.06	98.06	90.13	87.65	85.96	81.64	80.14(0.53%)	DP	OpenShort	-75	-0.7	-83	-410	-68	-126	13.24	40%	-0.42	-62.5	4.73%	-0.7	-1.7	29	2.4
17	May_9_2022	115.54	99.61	91.48	90.04	89.62	84.82	79.72(-9.65%)	DT	OpenShort	-75	-1	-97	-390	-83	-139	12.69	41%	-0.46	-66.4	4.77%	-1.6	-2	29	2
18	May_6_2022	116.07	101.48	93.68	92.26	92.09	90.28	88.23(-1.67%)	DT	OpenShort	-75	-0.4	-67	-140	-48	-122	13.01	44%	-0.41	-67.3	4.6%	-1	-1.4	37	1.4
19	May_5_2022	116.55	102.93	94.84	92.48	92.43	94.41	89.73(-10.65%)	DT	OpenShort	-75	-0.3	-33	150	-6	-113	17.27	44%	-0.43	-68.6	4.64%	-1.8	-1.4	38	1.7
20	May_4_2022	117.05	104.24	96.65	94.61	92.64	93.91	100.43(9.06%)	N/A	N/A	0	0.6	9	30	42	-89	15.17	47%	-0.28	-69.3	4.48%	2.8	-0.4	41	1

21	May_3_2022	117.38	105.13	97.77	93.2	93.15	90.46	92.09(1.41%)	DP	OpenShort	-75	-0.1	-42	-200	-15	-121	11	41%	-0.38	-73.8	4.32%	0.4	-1.4	37	-0.9
22	May_2_2022	117.83	106.69	99.87	93.28	93.68	91.38	90.81(1.65%)	DP	OpenShort	-75	-0.3	-88	-160	-72	-137	12.95	41%	-0.42	-72.7	4.41%	-1	-1.6	35	-0.1
23	Apr_29_2022	118.33	108.2	101.69	95.38	95.4	95.85	89.34(-11%)	DT	OpenShort	-75	-0.6	-43	30	-20	-111	12.49	43%	-0.4	-70.9	4.42%	-1.9	-2	30	0.2
24	Apr_28_2022	118.8	109.78	103.72	97.45	96.7	95.98	100.38(7.52%)	DP	OpenShort	-75	0.3	-30	-80	-5	-105	10.83	49%	-0.33	-72.2	4.24%	2.4	-1.1	35	0.8
25	Apr_27_2022	119.19	111.02	104.92	99.1	98.09	94.95	93.36(0.9%)	DP	OpenShort	-75	-0.6	-93	-250	-81	-128	10.56	47%		-60.9	4.24%	-1.5	-2	28	0.4
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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