| SPXL latest price $40.1600 (0.2%) ($39.9500 - $40.1900) on Tue. Oct. 17, 2017. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.2% (three month average) |
| RSI | 87 |
| Latest Price | $40.1600(0.2%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SPXL advances 0.2% a day on average for past five trading days. |
| Weekly Trend | SPXL advances 2.1% 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 -0.6% in a week (0% probabilities).
VIXM(-23%) TLT(-22%) UUP(-20%) 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 | -0.6% (StdDev 1.2%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.2% |
| | |
| |
|