| SPXL latest price $34.3800 (2.41%) ($33.3200 - $35.0200) on Mon. Jan. 7, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.71% (three month average) |
RSI | 43 |
Latest Price | $34.3800(2.41%) |
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 -2.1% 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 -2.355% in a week (0% probabilities). VXX(-24%) UUP(-22%) TLT(-21%) VIXM(-13%) XHB(-10%) |
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 | -2.355% (StdDev 4.71%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
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