| SPXL latest price $23.0600 (6.56%) ($22.5100 - $23.1000) on Mon. Nov. 7, 2016. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.93% (three month average) |
| RSI | 46 |
| Latest Price | $23.0600(6.56%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SPXL advances 0.1% a day on average for past five trading days. |
| Weekly Trend | SPXL declines -2.9% 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 -0.965% in a week (0% probabilities).
VIXM(-24%) TLT(-22%) UUP(-18%) IPO(-6%) IGOV(-5%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.965% (StdDev 1.93%) |
| Hourly BBV | 0 () |
| Intraday Trend | 2.2% |
| | |
| |
|