| SPXL latest price $48.7200 (-0.35%) ($48.5000 - $49.4600) on Mon. Mar. 12, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.25% (three month average) |
RSI | 60 |
Latest Price | $48.7200(-0.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 1.4% a day on average for past five trading days. |
Weekly Trend | SPXL advances 1.4% 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) IVW(97%) IWF(96%) IVE(94%) IWD(94%) QQQ(92%) |
Factors Impacting SPXL price | SPXL will decline at least -1.625% in a week (0% probabilities). TLT(-22%) VIXM(-20%) UUP(-20%) DIA(-6%) IGOV(-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 | -1.625% (StdDev 3.25%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
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