| SPXL latest price $21.8900 (-1.62%) ($21.7900 - $22.3000) on Thu. Apr. 21, 2016. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.91% (three month average) |
| RSI | 55 |
| Latest Price | $21.8900(-1.62%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SPXL advances 0.2% a day on average for past five trading days. |
| Weekly Trend | SPXL advances 2.7% a week on average for past two weeks. |
| Market Behavior | Value stocks sell-off for large cap. Value stock sell-off 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 -1.455% 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. |
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| Relative Volatility | (options are extremely cheap) |
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| Market Trend Strength | -1.455% (StdDev 2.91%) |
| Hourly BBV | 0 () |
| Intraday Trend | -1.6% |
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