| SPXS latest price $24.9800 (-5.74%) ($24.9600 - $25.9400) on Fri. Jul. 15, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.37% (three month average) |
RSI | 58 |
Latest Price | $24.9800(-5.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 0.5% a day on average for past five trading days. |
Weekly Trend | SPXS advances 0.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SPXS advance at 0% a week (0% probability) UUP(29%) VIXM(28%) TBT(13%) VXX(4%) UNG(-10%) |
Factors Impacting SPXS price | SPXS will decline at least -2.685% in a week (0% probabilities). IVW(-98%) IWF(-97%) IVE(-96%) QQQ(-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 | -2.685% (StdDev 5.37%) |
Hourly BBV | -1.2 () |
Intraday Trend | -2% |
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