| SPXS latest price $21.5900 (1.36%) ($21.4700 - $22.3600) on Thu. Mar. 10, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.83% (three month average) |
RSI | 57 |
Latest Price | $21.5900(1.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 1.2% 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 | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SPXS advance at 0% a week (0% probability) VIXM(46%) UUP(31%) TBT(9%) VXX(9%) EDOC(-0%) |
Factors Impacting SPXS price | SPXS will decline at least -1.915% in a week (0% probabilities). IVW(-98%) IWF(-97%) QQQ(-95%) IVE(-95%) DIA(-95%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.915% (StdDev 3.83%) |
Hourly BBV | -0.5 () |
Intraday Trend | -2.2% |
| |
|
|