| SPXL latest price $31.6000 (-0.16%) ($31.4100 - $31.6900) on Wed. Feb. 22, 2017. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.2% (three month average) |
| RSI | 94 |
| Latest Price | $31.6000(-0.16%) |
| 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 4.6% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Broad based 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 -0.6% in a week (0% probabilities).
VIXM(-23%) TLT(-22%) UUP(-19%) 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 | -0.6% (StdDev 1.2%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.3% |
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