| SPXL latest price $43.0100 (3.09%) ($42.7600 - $44.1900) on Wed. Oct. 31, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.67% (three month average) |
RSI | 49 |
Latest Price | $43.0100(3.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 1.1% a day on average for past five trading days. |
Weekly Trend | SPXL declines -5.4% a week on average for past two weeks. |
Market Behavior | Broad based 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 -1.335% in a week (0% probabilities). VXX(-24%) TLT(-22%) UUP(-21%) VIXM(-16%) DIA(-11%) |
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 | -1.335% (StdDev 2.67%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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