| SPXL latest price $23.0100 (4.59%) ($22.4100 - $23.0900) on Fri. Jul. 8, 2016. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.53% (three month average) |
| RSI | 58 |
| Latest Price | $23.0100(4.59%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SPXL advances 1% a day on average for past five trading days. |
| Weekly Trend | SPXL advances 1.2% 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 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 -1.265% in a week (0% probabilities).
VIXM(-25%) TLT(-21%) UUP(-18%) IPO(-8%) IGOV(-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 | -1.265% (StdDev 2.53%) |
| Hourly BBV | 0 () |
| Intraday Trend | 2.3% |
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