| SPXL latest price $47.9900 (2.67%) ($47.5500 - $48.2300) on Tue. May. 21, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.06% (three month average) |
| RSI | 40 |
| Latest Price | $47.9900(2.67%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SPXL advances 0.6% a day on average for past five trading days. |
| Weekly Trend | SPXL declines -3.2% 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 -1.03% in a week (0% probabilities).
VXX(-30%) TLT(-21%) VIXM(-12%) UUP(-12%) IFRA(-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 | -1.03% (StdDev 2.06%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.6% |
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