| SPXS latest price $24.5400 (4.56%) ($24.2480 - $25.0100) on Mon. Jul. 19, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 51 |
Latest Price | $24.5400(4.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 1.7% a day on average for past five trading days. |
Weekly Trend | SPXS declines -1% 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(53%) UUP(29%) VXX(15%) TBT(3%) IGOV(-0%) |
Factors Impacting SPXS price | SPXS will decline at least -1.055% in a week (0% probabilities). IWF(-97%) IVW(-97%) QQQ(-94%) IVE(-94%) DIA(-94%) |
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 | -1.055% (StdDev 2.11%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.8% |
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