| SPXS latest price $175.5000 (4.22%) ($165.5000 - $181.5000) on Fri. Apr. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.48% (three month average) |
RSI | 44 |
Latest Price | $175.5000(4.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 0.8% a day on average for past five trading days. |
Weekly Trend | SPXS declines -14% 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) VIXM(58%) UUP(31%) VXX(23%) TLT(6%) IGOV(-6%) |
Factors Impacting SPXS price | SPXS will decline at least -5.24% in a week (0% probabilities). IVW(-96%) IWF(-95%) DIA(-94%) QQQ(-91%) IWD(-91%) |
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 | -5.24% (StdDev 10.48%) |
Hourly BBV | 0.3 () |
Intraday Trend | 2.9% |
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