| SPXL latest price $73.0800 (-0.07%) ($72.6700 - $73.4100) on Fri. Nov. 25, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.99% (three month average) |
RSI | 72 |
Latest Price | $73.0800(-0.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 1.2% a day on average for past five trading days. |
Weekly Trend | SPXL advances 5.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SPXL advance at 0% a week (0% probability) IVW(97%) IVE(96%) IWF(96%) QQQ(92%) DIA(91%) |
Factors Impacting SPXL price | SPXL will decline at least -2.495% in a week (0% probabilities). VIXM(-9%) TBT(-8%) SHY(-4%) VXX(-2%) UUP(-2%) |
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 | -2.495% (StdDev 4.99%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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