| SPXS latest price $38.7300 (7.58%) ($37.0000 - $39.3000) on Wed. Jan. 27, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.93% (three month average) |
RSI | 46 |
Latest Price | $38.7300(7.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 1.5% a day on average for past five trading days. |
Weekly Trend | SPXS declines -1.5% 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(55%) UUP(30%) VXX(18%) TBT(3%) IGOV(1%) |
Factors Impacting SPXS price | SPXS will decline at least -1.465% in a week (0% probabilities). IVW(-97%) IWF(-96%) DIA(-94%) QQQ(-93%) IWD(-92%) |
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 | -1.465% (StdDev 2.93%) |
Hourly BBV | 2.3 () |
Intraday Trend | 4.6% |
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