| SPXL latest price $104.5300 (1.75%) ($103.0000 - $104.6000) on Tue. Dec. 19, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.38% (three month average) |
RSI | 82 |
Latest Price | $104.5300(1.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 1.6% a day on average for past five trading days. |
Weekly Trend | SPXL advances 5.3% 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) VFMO(93%) EWI(92%) IWF(92%) VUG(92%) XLF(92%) |
Factors Impacting SPXL price | SPXL will decline at least -1.19% in a week (0% probabilities). EDOC(-36%) BNDX(2%) BND(22%) ACES(28%) VXX(-74%) |
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 | -1.19% (StdDev 2.38%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.4% |
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