| SPXL latest price $33.5700 (10.1%) ($31.6400 - $33.8600) on Fri. Jan. 4, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.7% (three month average) |
RSI | 38 |
Latest Price | $33.5700(10.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 0.8% a day on average for past five trading days. |
Weekly Trend | SPXL declines -5% 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 -2.35% in a week (0% probabilities). VXX(-24%) UUP(-22%) TLT(-22%) 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 | -2.35% (StdDev 4.7%) |
Hourly BBV | 0 () |
Intraday Trend | 5.6% |
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