| SPXS latest price $60.6000 (-3.19%) ($60.2000 - $63.1000) on Tue. Sep. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.28% (three month average) |
RSI | 66 |
Latest Price | $60.6000(-3.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 1.5% a day on average for past five trading days. |
Weekly Trend | SPXS advances 5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SPXS advance at 0% a week (0% probability) VIXM(56%) UUP(31%) VXX(19%) IGOV(8%) EDOC(7%) |
Factors Impacting SPXS price | SPXS will decline at least -1.64% in a week (0% probabilities). IVW(-96%) IWF(-95%) DIA(-93%) QQQ(-92%) 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 | -1.64% (StdDev 3.28%) |
Hourly BBV | -0.7 () |
Intraday Trend | -1.5% |
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