| SPXL latest price $86.0000 (1.97%) ($84.8450 - $86.4100) on Wed. Jun. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.44% (three month average) |
RSI | 78 |
Latest Price | $86.0000(1.97%) |
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 5.1% 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) CEMB(24%) BND(20%) BOTZ(20%) BWX(19%) BNDX(14%) |
Factors Impacting SPXL price | SPXL will decline at least -1.22% in a week (0% probabilities). BLOK(-1%) ARKK(6%) ACES(6%) ARKG(11%) BNDX(14%) |
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 | -1.22% (StdDev 2.44%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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