| SPXL latest price $25.5800 (0.2%) ($25.2400 - $25.5900) on Thu. Nov. 24, 2016. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 2% (three month average) |
| RSI | 90 |
| Latest Price | $25.5800(0.2%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SPXL advances 0.8% a day on average for past five trading days. |
| Weekly Trend | SPXL advances 5.1% 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)
(0%) (0%) (0%) (0%) (0%) |
| Factors Impacting SPXL price | SPXL will decline at least -1% in a week (0% probabilities).
(0%) (0%) (0%) (0%) (0%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1% (StdDev 2%) |
| Hourly BBV | 0 () |
| Intraday Trend | 1% |
| | |
| |
|