| SPXS latest price $82.1000 (7.32%) ($77.5000 - $83.7000) on Wed. Jun. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.33% (three month average) |
RSI | 53 |
Latest Price | $82.1000(7.32%) |
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 2.3% 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(56%) UUP(31%) VXX(20%) TLT(1%) TBT(-0%) |
Factors Impacting SPXS price | SPXS will decline at least -3.165% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -3.165% (StdDev 6.33%) |
Hourly BBV | 1.4 () |
Intraday Trend | 5.3% |
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