| SPXL latest price $81.7900 (1.58%) ($80.6500 - $83.2800) on Tue. Oct. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.12% (three month average) |
RSI | 41 |
Latest Price | $81.7900(1.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 1.8% a day on average for past five trading days. |
Weekly Trend | SPXL declines -1% 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(97%) QQQ(95%) VT(95%) IWF(94%) VUG(94%) |
Factors Impacting SPXL price | SPXL will decline at least -1.06% in a week (0% probabilities). VXX(-68%) VIXM(-63%) UUP(-33%) TBT(-33%) GLD(-9%) |
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 | -1.06% (StdDev 2.12%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.1% |
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