| SPXS latest price $19.1400 (4.31%) ($17.6720 - $19.2700) on Thu. Apr. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.99% (three month average) |
RSI | 63 |
Latest Price | $19.1400(4.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 0.6% a day on average for past five trading days. |
Weekly Trend | SPXS advances 3.3% 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(43%) UUP(30%) TBT(10%) VXX(7%) TLT(-9%) |
Factors Impacting SPXS price | SPXS will decline at least -1.995% in a week (0% probabilities). IVW(-98%) IWF(-97%) IVE(-96%) QQQ(-95%) DIA(-95%) |
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 | -1.995% (StdDev 3.99%) |
Hourly BBV | 2.5 () |
Intraday Trend | 7.2% |
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