| SPXL latest price $83.7100 (4.61%) ($80.3200 - $83.9100) on Fri. Nov. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.51% (three month average) |
RSI | 66 |
Latest Price | $83.7100(4.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 0.8% a day on average for past five trading days. |
Weekly Trend | SPXL advances 7% 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%) SMH(95%) QQQ(94%) IWF(93%) VT(93%) |
Factors Impacting SPXL price | SPXL will decline at least -1.255% in a week (0% probabilities). VXX(-54%) UUP(-40%) VIXM(-37%) TBT(-29%) GLD(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 | -1.255% (StdDev 2.51%) |
Hourly BBV | 2.1 () |
Intraday Trend | 3.2% |
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