| SPXS latest price $27.0400 (-7.74%) ($26.6500 - $31.4200) on Thu. Oct. 13, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.41% (three month average) |
RSI | 52 |
Latest Price | $27.0400(-7.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 1% a day on average for past five trading days. |
Weekly Trend | SPXS advances 1.6% 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(21%) VIXM(16%) TBT(12%) VXX(3%) SHY(-5%) |
Factors Impacting SPXS price | SPXS will decline at least -2.205% in a week (0% probabilities). IVW(-97%) IWF(-96%) IVE(-96%) QQQ(-93%) IWD(-92%) |
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 | -2.205% (StdDev 4.41%) |
Hourly BBV | -1.9 () |
Intraday Trend | -13.3% |
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