| SPXL latest price $91.7600 (1.12%) ($91.0800 - $92.5700) on Wed. Nov. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.54% (three month average) |
RSI | 85 |
Latest Price | $91.7600(1.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 0.7% a day on average for past five trading days. |
Weekly Trend | SPXL advances 5.9% a week on average for past two weeks. |
Market Behavior | Value stock 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(99%) QQQ(93%) IWF(92%) VT(92%) VUG(91%) |
Factors Impacting SPXL price | SPXL will decline at least -1.27% in a week (0% probabilities). UUP(-44%) VXX(-36%) VIXM(-33%) TBT(-7%) BNDX(4%) |
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 | -1.27% (StdDev 2.54%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.1% |
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