| SPXL latest price $23.5800 (-0.38%) ($23.3400 - $23.7000) on Thu. Feb. 26, 2015. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 2.69% (three month average) |
| RSI | 76 |
| Latest Price | $23.5800(-0.38%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SPXL advances 0.4% a day on average for past five trading days. |
| Weekly Trend | SPXL advances 3.8% a week on average for past two weeks. |
| Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support SPXL advance at 0% a week (0% probability)
IVE(95%) QQQ(92%) VT(92%) VYM(88%) XLK(88%) |
| Factors Impacting SPXL price | SPXL will decline at least -1.345% in a week (0% probabilities).
VIXM(-33%) TLT(-24%) UUP(-13%) IGOV(-6%) SHY(-5%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.345% (StdDev 2.69%) |
| Hourly BBV | 0 () |
| Intraday Trend | -0.3% |
| | |
| |
|