| SPXS latest price $26.5800 (-4.56%) ($26.4000 - $27.2800) on Fri. May. 14, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.74% (three month average) |
RSI | 51 |
Latest Price | $26.5800(-4.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 0.7% a day on average for past five trading days. |
Weekly Trend | SPXS advances 1.7% 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(54%) UUP(30%) VXX(16%) TBT(3%) IGOV(-1%) |
Factors Impacting SPXS price | SPXS will decline at least -1.37% in a week (0% probabilities). IVW(-97%) IWF(-96%) QQQ(-94%) DIA(-94%) IWD(-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 | -1.37% (StdDev 2.74%) |
Hourly BBV | -1.6 () |
Intraday Trend | -2.5% |
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