| SPXS latest price $32.3500 (-2.35%) ($31.9500 - $32.9800) on Mon. Mar. 22, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.88% (three month average) |
RSI | 42 |
Latest Price | $32.3500(-2.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 0.4% a day on average for past five trading days. |
Weekly Trend | SPXS declines -4.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SPXS advance at 0% a week (0% probability) VIXM(54%) UUP(31%) VXX(16%) IGOV(5%) TBT(3%) |
Factors Impacting SPXS price | SPXS will decline at least -1.44% in a week (0% probabilities). IVW(-97%) IWF(-96%) DIA(-94%) QQQ(-93%) IVE(-93%) |
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 | -1.44% (StdDev 2.88%) |
Hourly BBV | -0.7 () |
Intraday Trend | -1.9% |
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