| SPXS latest price $269.9000 (-1.53%) ($259.2000 - $270.4000) on Wed. Dec. 12, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.61% (three month average) |
RSI | 47 |
Latest Price | $269.9000(-1.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 1.1% a day on average for past five trading days. |
Weekly Trend | SPXS advances 0.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SPXS advance at 0% a week (0% probability) VXX(24%) TLT(22%) UUP(20%) VIXM(15%) DIA(13%) |
Factors Impacting SPXS price | SPXS will decline at least -1.805% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.805% (StdDev 3.61%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
| |
|
|