Trading Signals: SPXS Stock Price Prediction and Forecast

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Tue. Jun. 16, 2020

Trading Signals: SPXS Stock Price Prediction and Forecast (Mon. Jan. 11, 2016 - Fri. Dec. 22, 2023)

(Direxion Daily S&P 500 Bear 3X ETF)
SPXS latest price $76.9000 (-5.53%) ($74.6000 - $81.0000) on Tue. Jun. 16, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   7.82% (three month average)
RSI   40
Latest Price   $76.9000(-5.53%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SPXS advances 1% a day on average for past five trading days.
Weekly Trend   SPXS declines -2.6% 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 SPXS advance at 0% a week (0% probability)
VIXM(58%)    UUP(31%)    VXX(21%)    TLT(2%)    IGOV(-2%)
Factors Impacting SPXS price   SPXS will decline at least -3.91% in a week (0% probabilities).
IVW(-96%)    IWF(-95%)    DIA(-93%)    QQQ(-92%)    IWD(-90%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -3.91% (StdDev 7.82%)
Hourly BBV -1 ()
Intraday Trend 2.9%

Inflection Point   Yes
Resistance Level   $83.71
5 Day Moving Average   $80.66(-4.66%)
10 Day Moving Average   $78.25(-1.73%)
20 Day Moving Average   $83.71(-8.14%)
To recent high   -72%
To recent low   7.9%
Market Cap   $N/A

Average daily price decay: -0.06%

$. SPXS is a 3x leveraged ETF. You'll lose 0.06% a day on average for holding it.$. SPXS price fluctuates within 9.13% (three month std-dev: 7.82%) daily (68% of days).

Sample size 14 Average positive next day return: 2.57%(14%) Average negative next day return: -2.49%(86%) Sample size 14 Average positive next three day return: 4.38%(64%) Average negative next three day return: -4.24%(36%) Sample size 14 Average positive next weekly return: 10.29%(64%) Average negative next weekly return: -4.2%(36%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200716

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jun_16_2020	128.74	83.71	78.25	80.66	82.12	81.01	76.9(-5.53%)	DT	OpenShort	-75	-0.5	-17	-40	-14	-25	7.77	53%	-0.43	-68.6	7.82%	-1	-0.9	40	-1
2	Jun_15_2020	129.29	84.6	78.83	79.86	81.25	84.19	81.4(-2.98%)	N/A	N/A	0	0.2	11	310	21	-19	8	53%	-0.34	-72.2	8.94%	-0.9	-0.4	39	-1.3
3	Jun_12_2020	129.73	85.69	79.1	77.84	78.2	83.22	83.9(-3.56%)	N/A	N/A	0	0.7	24	460	40	-24	11.29	52%	-0.29	-67.1	9.52%	0.8	-0.2	38	-1.4
4	Jun_11_2020	130.11	86.72	79.2	75.88	75.52	78.31	87(17.41%)	N/A	N/A	0	1.1	17	240	35	-36	7.94	55%	-0.28	-64.8	10.2%	2	0	40	-2.6
5	Jun_10_2020	130.47	87.77	79.06	74.56	73.33	73.19	74.1(1.65%)	DP	OpenShort	-75	-0	-20	-60	-6	-62	3.64	48%	-0.37	-60.4	10.13%	0.8	-1.2	20	0.9

6	Jun_9_2020	130.95	89.29	80.32	75.66	75.13	72.73	72.9(2.24%)	DP	OpenShort	-75	-0.2	-27	-240	-14	-67	3.1	53%	-0.46	-58.9	10.28%	-1	-1.5	14	1
7	Jun_8_2020	131.55	90.64	82.13	77.7	76.95	73.48	71.3(-3.78%)	DT	HoldShort	-65	-0.6	-42	-340	-33	-68	3.19	53%	-0.39	-61.8	10.71%	-1	-1.8	18	1.6
8	Jun_5_2020	132.06	92.09	84.45	80.44	79.84	77.54	74.1(-7.84%)	DT	HoldShort	-65	-0.7	-36	-220	-27	-62	5.6	56%	-0.38	-66.3	10.72%	-1.3	-1.9	15	2
9	Jun_4_2020	132.56	93.63	86.57	82.86	82.69	80.43	80.4(1.01%)	DP	OpenShort	-75	-0.3	-26	-200	-16	-55	3.8	53%	-0.35	-64.7	10.76%	-0.1	-1.5	17	1.6
10	Jun_3_2020	133.02	95.01	87.86	84.24	84.43	82.14	79.6(-4.21%)	DT	HoldShort	-65	-0.5	-30	-180	-20	-60	4.03	54%	-0.36	-58.4	10.87%	-1.7	-1.8	14	1.7

11	Jun_2_2020	133.5	96.35	89.72	85.68	85.94	84.96	83.1(-2.24%)	DT	OpenShort	-75	-0.3	-26	-70	-15	-57	3.29	52%	-0.32	-59.3	10.92%	-1	-1.6	27	1.3
12	Jun_1_2020	133.93	97.65	90.96	87.26	87.11	86.71	85(-1.39%)	DT	OpenShort	-75	-0.3	-18	-40	-7	-51	3.77	52%	-0.33	-55.1	11.03%	-0.9	-1.6	38	1
13	May_29_2020	134.38	98.9	92.88	89.14	88.04	86.91	86.2(-1.26%)	DT	OpenShort	-75	-0.4	-19	-130	-11	-44	5.01	52%	-0.3	-51.6	11.12%	-0.7	-1.6	39	1.3
14	May_28_2020	134.79	99.74	94.85	90.9	89.96	87.51	87.3(0.58%)	DP	OpenShort	-75	-0.5	-21	-220	-15	-40	5.56	52%	-0.33	-58.1	11.21%	-1.1	-1.7	35	0.9
15	May_27_2020	135.23	100.4	97.1	92.06	91.93	89.16	86.8(-4.62%)	DT	OpenShort	-75	-0.8	-26	-220	-22	-38	5.74	54%	-0.34	-70	11.21%	-1.1	-2.1	32	1.5

16	May_26_2020	135.69	101.48	98.94	94.34	93.14	92.4	91(-3.6%)	DT	OpenShort	-75	-0.6	-20	-90	-16	-30	3.78	54%	-0.26	-80.7	11.34%	-1.1	-1.8	37	1.3
17	May_22_2020	136.05	102.25	99.83	95.16	94.86	94.69	94.4(-0.63%)	DT	OpenShort	-75	-0.1	-7	-20	-1	-26	2.73	57%	-0.26	-88.3	11.27%	0.6	-1.4	37	1.2
18	May_21_2020	136.4	103.07	100.34	97.26	95.03	93.88	95(2.04%)	DP	OpenShort	-75	-0.4	-22	-150	-18	-33	4.94	57%	-0.31	-73.6	11.36%	0.7	-1.4	37	1.1
19	May_20_2020	136.83	104.08	101.27	99.52	98.31	95.03	93.1(-5.19%)	DT	OpenShort	-75	-1.1	-23	-270	-22	-27	4.4	57%	-0.3	-63.9	11.37%	-1.1	-1.8	45	1.5
20	May_19_2020	137.24	105.21	102.77	102.96	102.57	96.19	98.2(3.26%)	DP	OpenShort	-75	-0.7	-30	-450	-34	-19	3.59	57%	-0.26	-46.7	11.35%	-0.5	-1.1	52	0.9

21	May_18_2020	137.6	106.43	103.55	104.26	105.49	101.59	95.1(-9.34%)	DT	OpenShort	-75	-1.4	-32	-220	-37	-17	5.35	57%	-0.28	-35.1	11.34%	-1.5	-1.7	42	1.4
22	May_15_2020	137.98	107.37	104.97	105	106.78	108.95	104.9(-1.32%)	UD	OpenLong	75	-0	5	190	5	3	5.27	57%	-0.2	-42.4	11.28%	-1.4	-0.4	50	1
23	May_14_2020	138.25	107.53	105.41	103.76	104.85	109.39	106.3(-3.63%)	UD	OpenLong	75	0.4	24	330	29	9	7.76	57%	-0.24	-53.8	11.36%	0.2	-0.2	47	0.8
24	May_13_2020	138.58	108.03	104.97	103.28	102.16	104.61	110.3(5.35%)	RB	SmallLong	20	1.1	17	140	23	-1	7.99	57%	-0.17	-58.1	11.35%	1.8	0.3	45	0.1
25	May_12_2020	138.82	108.4	103.84	102.78	100.99	100.31	104.7(5.97%)	DP	OpenShort	-75	0.3	-6	-100	-1	-20	3.97	57%		-73.4	11.34%	2.5	-0.6	40	1.2
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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