| SPXL latest price $32.7000 (0.21%) ($32.5000 - $32.7800) on Tue. May. 2, 2017. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.31% (three month average) |
| RSI | 62 |
| Latest Price | $32.7000(0.21%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SPXL advances 0.1% a day on average for past five trading days. |
| Weekly Trend | SPXL advances 2.8% a week on average for past two weeks. |
| Market Behavior | Growth stock rally 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(92%) |
| Factors Impacting SPXL price | SPXL will decline at least -0.655% 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. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.655% (StdDev 1.31%) |
| Hourly BBV | 0 () |
| Intraday Trend | -0.2% |
| | |
| |
|