| SPXL latest price $96.1600 (2.16%) ($93.6200 - $96.6200) on Tue. Jul. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.21% (three month average) |
RSI | 79 |
Latest Price | $96.1600(2.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 1.5% 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 rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SPXL advance at 0% a week (0% probability) IVE(96%) IWF(95%) VT(95%) VUG(94%) QQQ(93%) |
Factors Impacting SPXL price | SPXL will decline at least -1.105% in a week (0% probabilities). VXX(-75%) VIXM(-69%) UUP(-35%) TBT(-34%) USO(3%) |
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 | -1.105% (StdDev 2.21%) |
Hourly BBV | 2.2 () |
Intraday Trend | 2.4% |
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