| SPXS latest price $33.4100 (-3.27%) ($33.2900 - $35.1500) on Wed. Feb. 24, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.26% (three month average) |
RSI | 25 |
Latest Price | $33.4100(-3.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 0.1% a day on average for past five trading days. |
Weekly Trend | SPXS declines -0.7% 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(55%) UUP(31%) VXX(17%) IGOV(4%) TBT(3%) |
Factors Impacting SPXS price | SPXS will decline at least -1.13% 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 | -1.13% (StdDev 2.26%) |
Hourly BBV | -1.5 () |
Intraday Trend | -4.2% |
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