| SPXS latest price $144.0000 (0.98%) ($135.1000 - $145.3000) on Wed. Feb. 26, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.56% (three month average) |
RSI | 75 |
Latest Price | $144.0000(0.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 4.9% a day on average for past five trading days. |
Weekly Trend | SPXS advances 5.7% a week on average for past two weeks. |
Market Behavior | Value stocks 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) VIXM(64%) VXX(28%) TLT(19%) UUP(13%) SHY(4%) |
Factors Impacting SPXS price | SPXS will decline at least -1.28% in a week (0% probabilities). IVW(-97%) IWF(-96%) DIA(-96%) IWD(-94%) IVE(-94%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.28% (StdDev 2.56%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2.6% |
| |
|
|