| SPXL latest price $32.9300 (0.09%) ($31.2600 - $33.3200) on Wed. Jan. 2, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.42% (three month average) |
RSI | 35 |
Latest Price | $32.9300(0.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 3.4% a day on average for past five trading days. |
Weekly Trend | SPXL declines -7.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value 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 -2.21% in a week (0% probabilities). VXX(-24%) TLT(-22%) UUP(-21%) DIA(-15%) VIXM(-14%) |
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 | -2.21% (StdDev 4.42%) |
Hourly BBV | 0 () |
Intraday Trend | 5.1% |
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