Trading Signals: SPXS Stock Price Prediction and Forecast

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Mon. May. 23, 2022

Trading Signals: SPXS Stock Price Prediction and Forecast (Mon. Jan. 11, 2016 - Fri. Dec. 22, 2023)

(Direxion Daily S&P 500 Bear 3X ETF)
SPXS latest price $24.2800 (-5.75%) ($24.1350 - $25.5920) on Mon. May. 23, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.98% (three month average)
RSI   60
Latest Price   $24.2800(-5.75%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SPXS advances 0.2% a day on average for past five trading days.
Weekly Trend   SPXS advances 5.3% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Value stock rally for small cap.
Correlated ETFs   Broad market will support SPXS advance at 0% a week (0% probability)
VIXM(36%)    UUP(30%)    TBT(10%)    VXX(6%)    UNG(-9%)
Factors Impacting SPXS price   SPXS will decline at least -2.49% in a week (0% probabilities).
IVW(-98%)    IWF(-97%)    IVE(-96%)    QQQ(-94%)    IWD(-94%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.49% (StdDev 4.98%)
Hourly BBV -1.2 ()
Intraday Trend -3.3%

5 Day Moving Average   $24.74(-1.86%)
10 Day Moving Average   $24.71(-1.74%)
20 Day Moving Average   $23.41(3.72%)
To recent high   -5.9%
To recent low   46.7%
Market Cap   $N/A

Average daily price decay: -0.02%

$. SPXS is a 3x leveraged ETF. You'll lose 0.02% a day on average for holding it.$. SPXS price fluctuates within 7.82% (three month std-dev: 4.98%) daily (68% of days).

Sample size 25 Average positive next day return: 4.18%(60%) Average negative next day return: -2.26%(40%) Sample size 25 Average positive next three day return: 5.53%(56%) Average negative next three day return: -3.5%(44%) Sample size 25 Average positive next weekly return: 6.92%(60%) Average negative next weekly return: -6.36%(40%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20220623

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	May_23_2022	20.05	23.41	24.71	24.74	25.17	25.3	24.28(-5.75%)	UD	OpenLong	65	-0.3	15	90	-1	64	23.21	53%	0.4	75.6	4.98%	-1.2	0.5	60	2.2
2	May_20_2022	19.97	23.23	24.73	24.7	24.7	25.76	25.76(-0.12%)	UD	OpenLong	75	0.6	34	300	17	83	33.35	55%	0.5	76.9	4.93%	1	1.3	63	2
3	May_19_2022	19.87	22.97	24.4	24.3	24.25	25.04	25.79(1.94%)	UT	OpenLong	75	0.8	31	220	17	72	35	55%	0.51	72.4	4.97%	1	1.4	61	1.7
4	May_18_2022	19.77	22.64	24.03	24.26	23.88	23.64	25.3(12.05%)	UT	HoldLong	50	0.5	18	-120	-1	74	28.31	55%	0.46	71.3	5.01%	2	1.3	67	2
5	May_17_2022	19.68	22.3	23.51	24.3	24.26	23.45	22.58(-6.11%)	UD	OpenLong	65	-0.8	5	-240	-16	66	20.7	53%	0.36	68.5	4.79%	-1.9	0.1	54	1.8

6	May_16_2022	19.61	22.1	23.46	24.66	24.26	24.11	24.05(1.18%)	UD	OpenLong	65	-0.3	12	-170	-11	80	18.78	55%	0.2	70.6	4.78%	-0.7	0.9	58	2.4
7	May_13_2022	19.57	21.87	23.27	24.74	24.73	25.08	23.77(-7.11%)	UD	OpenLong	75	-0.4	27	100	2	101	21.66	54%	0.36	75.5	4.75%	-1.1	0.9	63	1.6
8	May_12_2022	19.5	21.64	23.15	24.46	24.66	25.36	25.59(0.31%)	UT	OpenLong	75	0.5	51	220	29	117	33.78	56%	0.46	75	4.69%	1.3	1.8	66	1.6
9	May_11_2022	19.41	21.28	22.61	23.74	23.8	24.38	25.51(4.68%)	UT	OpenLong	75	0.9	49	180	31	102	28.75	58%	0.41	69.9	4.73%	2.3	2.1	70	1.8
10	May_10_2022	19.33	20.95	22.23	22.6	22.94	23.97	24.37(-0.45%)	UD	OpenLong	75	1	37	360	22	82	31.22	59%	0.31	64.1	4.75%	0.7	1.9	71	2.4

11	May_9_2022	19.27	20.67	21.98	22.1	22.17	23.21	24.48(9.58%)	UT	OpenLong	75	1.4	42	340	26	89	32.67	58%	0.31	66.8	4.78%	1.6	2.2	71	2
12	May_6_2022	19.21	20.34	21.56	21.63	21.66	21.92	22.34(1.64%)	UT	OpenLong	75	0.5	25	90	7	78	44.65	55%	0.26	67.6	4.62%	1	1.3	62	1.4
13	May_5_2022	19.16	20.12	21.39	21.67	21.69	21.14	21.98(10.73%)	UT	OpenLong	75	0.2	24	-170	3	88	44.5	55%	0.26	70.3	4.66%	1.3	1.2	62	1.7
14	May_4_2022	19.11	19.93	21.12	21.33	21.76	21.41	19.85(-9.11%)	UD	OpenLong	65	-1	6	-50	-18	77	35.09	52%	0.1	69.5	4.5%	-2.8	-0.1	59	1
15	May_3_2022	19.09	19.83	21.02	21.75	21.75	22.25	21.84(-1.31%)	UD	OpenLong	75	0.1	26	160	0	102	23.06	57%	0.26	79.2	4.34%	-0.5	1.3	63	-0.9

16	May_2_2022	19.04	19.59	20.68	21.81	21.73	22.12	22.13(-1.78%)	UD	OpenLong	75	0.2	42	110	19	109	34.19	56%	0.26	79.3	4.42%	1	1.6	65	-0.1
17	Apr_29_2022	18.99	19.36	20.38	21.46	21.44	21.25	22.53(11.09%)	UT	OpenLong	75	0.7	31	-60	8	101	29.72	54%	0.26	76.2	4.43%	1.7	2	70	0.2
18	Apr_28_2022	18.94	19.1	20.04	21.1	21.25	21.33	20.28(-7.69%)	UD	OpenLong	75	-0.6	28	50	3	101	28.75	48%	0.16	76.5	4.25%	-2.5	0.8	65	0.8
19	Apr_27_2022	18.91	18.93	19.87	20.87	21.05	21.63	21.97(-0.72%)	UD	OpenLong	75	0.8	48	220	28	107	37.47	51%	0.21	64.1	4.24%	1.6	2.1	72	0.4
20	Apr_26_2022	18.87	18.66	19.58	20.15	20.21	21.17	22.13(8.53%)	UT	OpenLong	75	1.5	48	340	33	91	29.88	51%	0.21	48.3	4.24%	1.3	2.6	75	1.4

21	Apr_25_2022	18.83	18.4	19.24	19.38	19.41	20.47	20.39(-1.69%)	UD	OpenLong	75	0.9	37	390	25	72	32.66	49%	0.05	33.1	4.11%	0.6	1.8	73	1.9
22	Apr_22_2022	18.82	18.25	19	19.15	18.87	19.26	20.74(8.36%)	UT	OpenLong	75	1.6	32	100	20	66	24.95	49%	0.11	24.8	4.1%	1.7	2.5	70	1.1
23	Apr_21_2022	18.8	18.09	18.71	18.85	18.68	18.35	19.14(4.31%)	UT	OpenLong	75	0.4	13	-150	1	50	22.72	48%	0	12.3	3.99%	2.5	1.3	63	1.3
24	Apr_20_2022	18.8	18.05	18.62	18.73	18.77	18.48	18.35(0.38%)	UD	OpenLong	65	-0.5	4	-100	-12	51	15.4	48%	-0.05	0.7	4.03%	-0.8	0.4	65	0.7
25	Apr_19_2022	18.81	18.03	18.56	18.9	18.94	19.01	18.28(-4.94%)	UD	OpenLong	65	-0.8	14	30	-5	72	17.37	49%		-13.2	4.05%	-1.8	0.3	66	0.8
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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