| SPXS latest price $36.2900 (-4.3%) ($35.7780 - $36.8730) on Tue. Feb. 2, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.74% (three month average) |
RSI | 47 |
Latest Price | $36.2900(-4.3%) |
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 0.8% a week on average for past two weeks. |
Market Behavior | Broad based 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(55%) UUP(30%) VXX(18%) TBT(3%) IGOV(1%) |
Factors Impacting SPXS price | SPXS will decline at least -1.37% 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 | -1.37% (StdDev 2.74%) |
Hourly BBV | -1.3 () |
Intraday Trend | -1.5% |
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