| SPXL latest price $40.8000 (2.67%) ($39.6000 - $41.0100) on Thu. Jan. 31, 2019. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 4.26% (three month average) |
| RSI | 70 |
| Latest Price | $40.8000(2.67%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SPXL advances 1.4% a day on average for past five trading days. |
| Weekly Trend | SPXL advances 3.7% 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%) DIA(96%) IWF(96%) IVE(94%) IWD(94%) |
| Factors Impacting SPXL price | SPXL will decline at least -2.13% in a week (0% probabilities).
VXX(-24%) UUP(-22%) TLT(-21%) VIXM(-13%) XHB(-11%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -2.13% (StdDev 4.26%) |
| Hourly BBV | 0 () |
| Intraday Trend | 2.7% |
| | |
| |
|