| SPXL latest price $75.1900 (-0.48%) ($72.5600 - $75.7400) on Fri. Dec. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.98% (three month average) |
RSI | 58 |
Latest Price | $75.1900(-0.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 0.6% a day on average for past five trading days. |
Weekly Trend | SPXL advances 2.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock 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(92%) DIA(91%) |
Factors Impacting SPXL price | SPXL will decline at least -2.49% in a week (0% probabilities). VIXM(-9%) TBT(-8%) SHY(-4%) VXX(-2%) UUP(-1%) |
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 | -2.49% (StdDev 4.98%) |
Hourly BBV | 0.7 () |
Intraday Trend | 3.6% |
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