| SPXL latest price $20.9000 (-0.81%) ($20.8400 - $21.1700) on Thu. Mar. 31, 2016. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 3.45% (three month average) |
| RSI | 80 |
| Latest Price | $20.9000(-0.81%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SPXL advances 0.7% a day on average for past five trading days. |
| Weekly Trend | SPXL advances 2.5% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support SPXL advance at 0% a week (0% probability)
IVW(97%) IWF(96%) IVE(94%) IWD(94%) QQQ(91%) |
| Factors Impacting SPXL price | SPXL will decline at least -1.725% in a week (0% probabilities).
VIXM(-26%) TLT(-22%) UUP(-18%) IPO(-7%) SHY(-4%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.725% (StdDev 3.45%) |
| Hourly BBV | 0 () |
| Intraday Trend | -0.5% |
| | |
| |
|