| SPXS latest price $61.0000 (-4.84%) ($60.6000 - $65.3000) on Fri. Sep. 25, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.29% (three month average) |
RSI | 61 |
Latest Price | $61.0000(-4.84%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 0.2% a day on average for past five trading days. |
Weekly Trend | SPXS advances 3.9% 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(57%) UUP(31%) VXX(19%) IGOV(8%) EDOC(7%) |
Factors Impacting SPXS price | SPXS will decline at least -1.645% 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 | -1.645% (StdDev 3.29%) |
Hourly BBV | -1.6 () |
Intraday Trend | -5.9% |
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