| SPXL latest price $25.5300 (0.67%) ($25.2400 - $25.6100) on Tue. Nov. 22, 2016. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2% (three month average) |
| RSI | 84 |
| Latest Price | $25.5300(0.67%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SPXL advances 0.6% a day on average for past five trading days. |
| Weekly Trend | SPXL advances 5.6% a week on average for past two weeks. |
| Market Behavior | Normal 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% in a week (0% probabilities).
VIXM(-24%) TLT(-22%) UUP(-18%) IGOV(-4%) GDXJ(-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% (StdDev 2%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0% |
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