| SPXL latest price $35.3100 (2.71%) ($34.2400 - $35.5800) on Tue. Jan. 8, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.73% (three month average) |
RSI | 50 |
Latest Price | $35.3100(2.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 1.5% a day on average for past five trading days. |
Weekly Trend | SPXL advances 0.9% 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 -2.365% in a week (0% probabilities). VXX(-24%) UUP(-22%) TLT(-21%) DIA(-17%) VIXM(-13%) |
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 | -2.365% (StdDev 4.73%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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