| SPXL latest price $52.7000 (0.67%) ($52.2000 - $52.8800) on Tue. Jan. 23, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.29% (three month average) |
RSI | 90 |
Latest Price | $52.7000(0.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 1.3% 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 | Growth stock rally for large cap. Growth stock 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(92%) |
Factors Impacting SPXL price | SPXL will decline at least -0.645% in a week (0% probabilities). VIXM(-22%) TLT(-22%) UUP(-20%) GDXJ(-4%) BLOK(-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 | -0.645% (StdDev 1.29%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
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