| SPXL latest price $45.0800 (1.9%) ($44.1700 - $45.1700) on Tue. Nov. 6, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.72% (three month average) |
RSI | 41 |
Latest Price | $45.0800(1.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 1.5% a day on average for past five trading days. |
Weekly Trend | SPXL declines -1.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based 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 -1.36% in a week (0% probabilities). VXX(-24%) TLT(-22%) UUP(-21%) VIXM(-16%) DIA(-12%) |
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 | -1.36% (StdDev 2.72%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
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