| SPXS latest price $296.8000 (7.5%) ($280.9000 - $297.7000) on Thu. Mar. 22, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.42% (three month average) |
RSI | 54 |
Latest Price | $296.8000(7.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 2.3% a day on average for past five trading days. |
Weekly Trend | SPXS advances 1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SPXS advance at 0% a week (0% probability) TLT(23%) UUP(20%) VIXM(20%) DIA(6%) GDXJ(4%) |
Factors Impacting SPXS price | SPXS will decline at least -1.71% in a week (0% probabilities). IVW(-97%) IWF(-96%) IWD(-94%) IVE(-94%) QQQ(-92%) |
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 | -1.71% (StdDev 3.42%) |
Hourly BBV | 0 () |
Intraday Trend | 4.5% |
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