| SPXL latest price $49.1100 (0.2%) ($48.9800 - $49.5000) on Mon. Jun. 17, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.25% (three month average) |
| RSI | 67 |
| Latest Price | $49.1100(0.2%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SPXL advances 0.1% a day on average for past five trading days. |
| Weekly Trend | SPXL advances 6% a week on average for past two weeks. |
| Market Behavior | Value stocks sell-off for large cap. Rotation from value to growth 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 -1.125% in a week (0% probabilities).
VXX(-30%) TLT(-21%) UUP(-12%) IFRA(-11%) IGOV(-3%) |
| 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 | -1.125% (StdDev 2.25%) |
| Hourly BBV | 0 () |
| Intraday Trend | -0.1% |
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