| SPXS latest price $73.2000 (2.66%) ($67.9000 - $73.7000) on Mon. Jul. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.8% (three month average) |
RSI | 46 |
Latest Price | $73.2000(2.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 0.3% a day on average for past five trading days. |
Weekly Trend | SPXS declines -4.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock 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%) TBT(1%) TLT(0%) |
Factors Impacting SPXS price | SPXS will decline at least -2.4% 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 | -2.4% (StdDev 4.8%) |
Hourly BBV | -0 () |
Intraday Trend | 5.2% |
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