| SPXS latest price $23.2300 (3.89%) ($22.4120 - $23.5950) on Mon. Oct. 4, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.18% (three month average) |
RSI | 64 |
Latest Price | $23.2300(3.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 1.8% a day on average for past five trading days. |
Weekly Trend | SPXS advances 3.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support SPXS advance at 0% a week (0% probability) VIXM(52%) UUP(29%) VXX(14%) TBT(5%) IGOV(4%) |
Factors Impacting SPXS price | SPXS will decline at least -1.09% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.09% (StdDev 2.18%) |
Hourly BBV | 1.1 () |
Intraday Trend | 2.9% |
| |
|
|