Trading Signals: SPXS Stock Price Prediction and Forecast

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Tue. Oct. 31, 2023

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 $16.9400 (-1.85%) ($16.9200 - $17.4500) on Tue. Oct. 31, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.32% (three month average)
RSI   70
Latest Price   $16.9400(-1.85%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SPXS advances 0.8% a day on average for past five trading days.
Weekly Trend   SPXS advances 7.3% 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)
VXX(63%)    VIXM(49%)    UUP(35%)    TBT(27%)    EDOC(8%)
Factors Impacting SPXS price   SPXS will decline at least -1.16% in a week (0% probabilities).
IVE(-97%)    VT(-94%)    QQQ(-94%)    VUG(-93%)    IWF(-93%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.16% (StdDev 2.32%)
Hourly BBV -1.7 ()
Intraday Trend -1.5%

5 Day Moving Average   $17.35(-2.36%)
10 Day Moving Average   $16.81(0.77%)
20 Day Moving Average   $16.1(5.22%)
To recent high   -5.3%
To recent low   31.8%
Market Cap   $N/A

Average daily price decay: -0.01%

$. SPXS is a 3x leveraged ETF. You'll lose 0.01% a day on average for holding it.$. SPXS price fluctuates within 5.65% (three month std-dev: 2.32%) daily (68% of days).

Sample size 29 Average positive next day return: 3.08%(48%) Average negative next day return: -1.85%(52%) Sample size 29 Average positive next three day return: 4%(59%) Average negative next three day return: -4.28%(41%) Sample size 29 Average positive next weekly return: 4.92%(55%) Average negative next weekly return: -6.5%(45%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20231201

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	Oct_31_2023	14.58	16.1	16.81	17.35	17.42	17.27	16.94(-1.85%)	UD	OpenLong	75	-0.5	48	-50	1	190	18.62	68%	0.14	45.3	2.32%	-1.7	0.9	70	1.3
2	Oct_30_2023	14.56	16.07	16.63	17.22	17.33	17.27	17.26(-3.52%)	UD	OpenLong	75	0	53	110	9	185	30.74	68%	0.07	45.3	2.31%	-1.6	1.3	71	-0.1
3	Oct_27_2023	14.55	15.99	16.4	17.1	17.07	17.56	17.89(1.3%)	UT	OpenLong	75	0.9	66	200	27	184	27.81	70%	0.21	47.6	2.29%	1.6	2.3	73	-1.7
4	Oct_26_2023	14.52	15.87	16.14	16.84	16.81	17.09	17.66(3.94%)	UT	OpenLong	75	1.1	66	110	33	163	29.94	70%	0.07	47.6	2.29%	1.2	2.5	67	-1.1
5	Oct_25_2023	14.51	15.76	15.88	16.5	16.52	16.57	16.99(4.23%)	UT	OpenLong	75	0.8	45	20	21	115	27.09	68%	0.14	44.1	2.25%	1.8	2.1	56	-0.8

6	Oct_24_2023	14.49	15.7	15.66	16.2	16.26	16.52	16.3(-2.28%)	UD	OpenLong	75	0.2	33	120	20	70	23.03	67%	0	46.4	2.21%	-1.1	1.1	51	0.4
7	Oct_23_2023	14.49	15.67	15.54	15.93	15.99	16.48	16.68(0.72%)	UT	OpenLong	75	1.4	35	230	37	29	31.91	69%	0.07	47	2.19%	1	1.9	50	-0.7
8	Oct_20_2023	14.48	15.6	15.39	15.58	15.59	15.99	16.56(3.76%)	N/A	N/A	0	2	18	180	30	-17	32.22	69%	0	41.6	2.19%	1.6	2	56	-1.3
9	Oct_19_2023	14.48	15.54	15.39	15.34	15.27	15.51	15.96(2.84%)	N/A	N/A	0	1.4	2	100	19	-49	32.76	67%	-0.07	44	2.16%	2.1	1	51	-1.4
10	Oct_18_2023	14.49	15.5	15.27	15.18	15.15	15.19	15.52(4.02%)	DP	OpenShort	-65	0.7	-6	10	13	-61	24.06	66%	-0.07	47.1	2.14%	2.2	0	49	-0.7

11	Oct_17_2023	14.5	15.46	15.31	15.05	15.08	15.03	14.92(0%)	DT	HoldShort	-50	-0.2	-23	-20	-4	-80	23.06	64%	0.07	37.8	2.11%	-0.3	-1	38	0.5
12	Oct_16_2023	14.49	15.43	15.46	15.08	15.06	15.12	14.92(-3.12%)	DT	OpenShort	-75	-0.3	-22	20	-5	-71	21.73	64%	-0.14	36.9	2.11%	-1	-0.9	38	0.8
13	Oct_13_2023	14.51	15.4	15.55	15.15	15.07	15.13	15.4(1.65%)	DP	OpenShort	-75	0.4	-15	10	-1	-55	28.8	65%	-0.14	39.9	2.07%	1.5	0	54	-1.3
14	Oct_12_2023	14.53	15.35	15.59	15.19	15.15	15	15.15(1.88%)	DP	OpenShort	-75	-0.1	-25	-80	-16	-53	28.4	62%	-0.21	38	2.08%	0.5	-0.3	49	0.3
15	Oct_11_2023	14.56	15.29	15.64	15.38	15.39	15.01	14.87(-1.26%)	DT	OpenShort	-75	-0.7	-28	-170	-26	-32	20.29	62%	-0.14	41	2.1%	-1.2	-0.6	48	0.4

16	Oct_10_2023	14.58	15.25	15.75	15.62	15.7	15.3	15.06(-1.38%)	CR	SmallShort	-20	-0.7	-20	-160	-31	13	23.86	62%	-0.14	48.4	2.11%	-1.7	-0.2	60	0.2
17	Oct_9_2023	14.6	15.21	15.84	15.89	15.99	15.76	15.27(-1.99%)	UD	OpenLong	65	-0.7	7	-80	-17	77	22.37	62%	-0.14	58.2	2.1%	-1.5	0.1	67	-0.1
18	Oct_6_2023	14.62	15.15	15.85	16	16.17	16.1	15.58(-3.41%)	UD	OpenLong	65	-0.5	25	0	-5	114	37.11	64%	-0.07	62	2.09%	-2.1	0.5	70	-0.7
19	Oct_5_2023	14.63	15.08	15.84	16.04	16.14	16.23	16.13(0.37%)	UT	HoldLong	65	0.1	44	60	8	150	19.49	67%	-0.07	66.1	2.06%	-1.7	1.2	78	-0.7
20	Oct_4_2023	14.64	14.98	15.76	15.94	15.98	16.25	16.07(-2.13%)	UD	OpenLong	75	0.2	50	130	9	172	24.33	67%	-0.14	68.6	2.06%	-0.4	1.3	81	-1

21	Oct_3_2023	14.66	14.88	15.61	15.9	15.86	16.05	16.42(3.99%)	UT	HoldLong	65	0.6	58	80	15	185	26.76	69%	-0.07	70.9	2.05%	1.6	1.8	78	-2.1
22	Oct_2_2023	14.67	14.74	15.39	15.8	15.78	15.71	15.79(0.06%)	UT	OpenLong	75	-0	52	-30	8	182	27.12	67%	-0.14	70.5	2%	1.2	1.3	74	-1.1
23	Sep_29_2023	14.69	14.63	15.24	15.69	15.75	15.68	15.78(0.96%)	UT	HoldLong	65	0.1	44	-20	1	174	29.57	63%	-0.14	60.6	2.05%	-0.1	1.5	76	-1.3
24	Sep_28_2023	14.71	14.52	15.08	15.61	15.71	15.85	15.63(-1.7%)	UD	OpenLong	75	0	49	80	7	175	24.23	63%	-0.07	52.8	2.05%	-1.2	1.5	69	-0.9
25	Sep_27_2023	14.72	14.41	14.9	15.54	15.58	15.82	15.9(0.06%)	UT	OpenLong	75	0.5	63	120	27	172	30.7	60%		47.1	2.04%	0.6	2	72	-1.6
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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