| SPXL latest price $22.9300 (1.1%) ($22.5700 - $22.9600) on Fri. Aug. 14, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 61 |
Latest Price | $22.9300(1.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 0.4% a day on average for past five trading days. |
Weekly Trend | SPXL declines -0.4% a week on average for past two weeks. |
Market Behavior | Value stock rally 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 -0.99% in a week (0% probabilities). VIXM(-32%) TLT(-24%) UUP(-13%) IGOV(-7%) SHY(-5%) |
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 | -0.99% (StdDev 1.98%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
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