Trading Signals: SPXL Stock Price Prediction and Forecast

^ SPXL: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Tue. Nov. 15, 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 $71.3000 (2.53%) ($69.1800 - $73.3000) on Tue. Nov. 15, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.02% (three month average)
RSI   59
Latest Price   $71.3000(2.53%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SPXL advances 2.3% a day on average for past five trading days.
Weekly Trend   SPXL advances 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%)    IVE(96%)    IWF(96%)    QQQ(93%)    DIA(91%)
Factors Impacting SPXL price   SPXL will decline at least -2.51% in a week (0% probabilities).
TBT(-14%)    UUP(-12%)    VIXM(-11%)    VXX(-2%)    SHY(2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.51% (StdDev 5.02%)
Hourly BBV 0.2 ()
Intraday Trend -1.9%

5 Day Moving Average   $68.23(4.5%)
10 Day Moving Average   $64.92(9.83%)
20 Day Moving Average   $63.91(11.56%)
To recent high   -25.1%
To recent low   35.1%
Market Cap   $N/A

Average daily price decay: -0.03%

$. SPXL is a 3x leveraged ETF. You'll lose 0.03% a day on average for holding it.$. SPXL price fluctuates within 6.82% (three month std-dev: 5.02%) daily (68% of days).

Sample size 50 Average positive next day return: 2.61%(48%) Average negative next day return: -1.9%(52%) Sample size 50 Average positive next three day return: 4.36%(52%) Average negative next three day return: -3.36%(48%) Sample size 50 Average positive next weekly return: 3.82%(44%) Average negative next weekly return: -4.38%(56%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20221215

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_15_2022	70.66	63.91	64.92	68.23	70	71	71.3(2.53%)	UT	OpenLong	75	0.7	35	180	31	48	18.52	51%	-0.01	75.4	5.02%	0.2	1.7	59	1.8
2	Nov_14_2022	70.67	63.27	64.22	66.68	67.37	70.42	69.54(-2.59%)	UD	OpenLong	75	0.7	33	350	33	33	11.64	51%	-0.04	74.3	5.01%	0.7	1.5	55	2.3
3	Nov_11_2022	70.7	62.64	63.78	65.28	65.59	69	71.39(2.96%)	UT	OpenLong	75	1.4	65	380	73	40	16.74	53%	0.07	64.7	5.05%	1.2	2	61	2.6
4	Nov_10_2022	70.65	61.72	63.26	63.15	63.43	64.32	69.34(16.34%)	UT	OpenLong	75	1.5	39	110	46	19	18.33	54%	0.07	52.7	5.03%	1.7	1.9	62	0.9
5	Nov_9_2022	70.6	61.07	62.55	60.94	61.64	62.19	59.6(-6.2%)	DT	OpenShort	-75	-0.3	-3	100	-0	-13	14.49	50%	-0.08	32.7	4.66%	-1.7	-0.4	59	-0.8

6	Nov_8_2022	70.66	60.78	63.03	61.07	60.98	62.53	63.54(1.63%)	UT	OpenLong	75	0.6	12	170	14	6	17	52%	-0.1	21.1	4.6%	1.1	0.6	61	-1.2
7	Nov_7_2022	70.73	60.29	63.2	61.39	60.94	61.1	62.52(2.88%)	UT	OpenLong	75	0.3	9	-0	6	19	10.63	52%	0.03	12.6	4.6%	2	0.5	57	-0.2
8	Nov_4_2022	70.71	59.9	63.22	62.08	62.1	59.43	60.77(4.27%)	N/A	N/A	0	-0.3	-19	-300	-33	23	20.61	52%	0.01	13.6	4.58%	-0.2	0.2	59	-0.6
9	Nov_3_2022	70.7	59.66	63.24	63.42	63.54	60.77	58.28(-3.22%)	N/A	N/A	0	-1.2	-35	-300	-62	45	15.38	52%	-0.13	24.7	4.54%	-1.3	-0.3	63	0.5
10	Nov_2_2022	70.79	59.79	63.17	64.37	65.24	64.77	60.22(-7.55%)	UD	OpenLong	65	-0.9	1	-10	-23	73	20.79	52%	-0.06	35.8	4.57%	-2.4	0.1	57	0.5

11	Nov_1_2022	70.83	59.89	63.02	65.14	65.45	66.31	65.14(-1.3%)	UD	OpenLong	75	0	35	110	9	111	12.9	54%	0.01	43.5	4.49%	-0.7	1.2	69	1.2
12	Oct_31_2022	70.82	59.74	62.41	65.23	65	65.7	66(-2.16%)	UD	OpenLong	75	0.2	49	60	21	134	13.82	54%	-0.1	52.9	4.49%	0.5	1.4	69	2.2
13	Oct_28_2022	70.89	59.3	61.52	64.54	64.48	64.59	67.46(7.06%)	UT	OpenLong	75	0.7	48	10	19	133	16.54	54%	-0.18	50.4	4.52%	1.9	1.9	68	1.4
14	Oct_27_2022	71.02	58.59	60.08	63.12	63.59	64.3	63.01(-1.67%)	UD	OpenLong	75	-0	43	100	19	114	13.94	55%	-0.34	39.1	4.45%	-1.7	1.1	62	1.8
15	Oct_26_2022	71.26	58.23	59.46	61.78	62.13	64.37	64.08(-2.29%)	UD	OpenLong	75	0.6	51	270	37	94	19.27	55%	-0.35	23.3	4.56%	0.2	1.5	53	1.3

16	Oct_25_2022	71.51	57.98	58.33	60.53	60.31	62.88	65.58(4.81%)	UT	OpenLong	75	1.4	56	290	53	64	18.45	55%	-0.29	10.3	4.57%	1.4	2.1	52	1.4
17	Oct_24_2022	71.72	57.5	57.06	59.21	58.76	59.89	62.57(3.7%)	UT	OpenLong	75	1.1	32	110	36	21	19.41	53%	-0.33	-15.1	4.53%	1.6	1.6	48	1.1
18	Oct_21_2022	71.96	57.2	56.2	58.1	58.24	57.74	60.34(7.14%)	N/A	N/A	0	0.8	10	-50	16	-9	19.91	53%	-0.42	-45.3	4.51%	2.2	1.1	54	0.9
19	Oct_20_2022	72.26	57.1	55.69	56.62	57.84	57.62	56.32(-2.61%)	DT	OpenShort	-75	-0.1	-16	40	-10	-35	15.21	51%	-0.41	-69.3	4.44%	-1.7	-0.3	56	1.4
20	Oct_19_2022	72.56	57.36	56.08	56.73	57.41	58.73	57.83(-1.97%)	N/A	N/A	0	0.3	15	200	24	-11	16.38	53%	-0.41	-73.2	4.43%	-0.4	0.1	54	0.3

21	Oct_18_2022	72.86	57.62	56.47	55.72	56.25	58.06	58.99(3.49%)	N/A	N/A	0	0.8	28	250	41	-11	24.98	53%	-0.19	-78.7	4.54%	0.8	0.4	49	0.6
22	Oct_17_2022	73	57.97	56.79	54.58	54.67	56.09	57(7.59%)	N/A	N/A	0	0.5	16	190	27	-19	13.1	53%	-0.45	-77.4	4.53%	0.8	-0.2	52	0.5
23	Oct_14_2022	73.33	58.55	56.86	54.06	53.96	54.43	52.98(-6.81%)	DT	HoldShort	-50	-0.2	-1	60	10	-32	18.75	53%	-0.42	-84.6	4.49%	-0.5	-1.1	47	0.8
24	Oct_13_2022	73.64	59.28	57	54.61	53.8	53.24	56.85(7.73%)	DP	OpenShort	-75	0.4	-24	-120	-16	-47	25.35	55%	-0.3	-86.9	4.41%	1.9	-0.5	48	0.2
25	Oct_12_2022	73.86	59.89	56.94	55.4	54.73	53.48	52.77(-0.96%)	DT	OpenShort	-75	-0.5	-46	-200	-41	-61	12.59	53%		-80.6	4.3%	-1.2	-1.2	38	0.8
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

Click to see actual return for next trading day.