Trading Signals: SPXL Stock Price Prediction and Forecast

^ SPXL: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Mar. 11, 2020

Trading Signals: SPXL Stock Price Prediction and Forecast (Fri. Jun. 29, 2012 - Fri. Dec. 22, 2023)

(Direxion Daily S&P500 Bull 3X ETF)
SPXL latest price $37.5900 (-14.57%) ($36.0000 - $40.9900) on Wed. Mar. 11, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.71% (three month average)
RSI   28
Latest Price   $37.5900(-14.57%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SPXL declines -8.5% a day on average for past five trading days.
Weekly Trend   SPXL declines -18.2% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off 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 -2.855% in a week (0% probabilities).
VIXM(-64%)    VXX(-27%)    TLT(-18%)    UUP(-14%)    SHY(-3%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.855% (StdDev 5.71%)
Hourly BBV -1.9 ()
Intraday Trend -7.1%

1 - 5 Day Possible Target   $13.26(-64.72%)
Inflection Point   Yes
Resistance Level   $59.09
5 Day Moving Average   $44.35(-15.24%)
10 Day Moving Average   $48.69(-22.8%)
20 Day Moving Average   $59.09(-36.39%)
To recent high   -50.4%
To recent low   0%
Market Cap   $N/A

Average daily price decay: -0.03%

$. SPXL is a 3x leveraged ETF. You'll lose 0.03% a day on average for holding it.$. SPXL price fluctuates within 21.49% (three month std-dev: 5.71%) daily (68% of days).

Sample size 9 Average positive next day return: 2.47%(44%) Average negative next day return: -6.12%(56%) Sample size 9 Average positive next three day return: 3.53%(33%) Average negative next three day return: -9.61%(67%) Sample size 9 Average positive next weekly return: 5.36%(11%) Average negative next weekly return: -9.71%(89%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200411

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Mar_11_2020	62.91	59.09	48.69	44.35	41.99	39.77	37.59(-14.57%)	DT	OpenShort	-75	-0.5	-95	-530	-56	-213	20.83	39%	-0.25	-52	5.71%	-1.9	-1.7	28	-2.2
2	Mar_10_2020	63.07	60.96	50.84	48.47	45.64	40.57	44(15.3%)	DP	OpenShort	-75	-0.4	-102	-950	-65	-212	21.46	42%	-0.16	-47	5.42%	0	-1.4	30	-2
3	Mar_9_2020	63.17	62.47	52.38	50.01	49.33	44.22	38.16(-23.22%)	DT	HoldShort	-65	-1	-147	-770	-112	-252	18.51	36%	-0.24	-44.2	5.03%	-1.4	-2.1	23	-2.7
4	Mar_6_2020	63.32	64.26	55.15	53.68	52.73	50.71	49.7(-4.99%)	DT	OpenShort	-75	-0.4	-104	-320	-56	-249	13.59	44%	-0.05	-39.7	4.1%	-1.3	-1.4	28	-2.3
5	Mar_5_2020	63.35	65.47	57.33	53.91	53.86	54.44	52.31(-10.06%)	DT	HoldShort	-50	-0.2	-49	70	9	-224	12.92	45%	-0.02	-39.9	4.07%	-1.3	-1.4	30	-2.1

6	Mar_4_2020	63.36	66.52	59.48	53.62	52.55	54.75	58.16(12.47%)	DP	OpenShort	-65	0.5	-42	230	21	-231	10.31	50%	0.08	-41.5	3.87%	1.9	-0.9	33	-1.6
7	Mar_3_2020	63.31	67.15	61.11	53.72	52.21	53.28	51.71(-8.51%)	DT	HoldShort	-50	-0.2	-53	60	13	-252	15.23	43%	0	-42	3.53%	0.3	-1.7	24	-2.3
8	Mar_2_2020	63.31	68	63.4	55.26	53.76	50.35	56.52(11.15%)	DP	OpenShort	-75	0.2	-104	-530	-50	-266	14.74	46%	0.08	-41.6	3.37%	0.7	-1.4	28	-1.9
9	Feb_28_2020	63.26	68.54	65.26	57.02	55.98	51.14	50.85(0%)	DT	HoldShort	-50	-0.8	-224	-660	-192	-318	19.76	39%	0.02	-40.9	3.03%	-1.1	-2.3	17	-2.8
10	Feb_27_2020	63.25	69.56	67.78	61.35	60.58	57.2	50.85(-13.33%)	DT	HoldShort	-65	-1.6	-175	-430	-154	-237	16.02	39%	0.03	-33.6	3.06%	-1.9	-2.8	16	-3.1

11	Feb_26_2020	63.23	70.56	70.36	66.17	65.18	60.93	58.67(-1.25%)	DT	OpenShort	-75	-1.5	-149	-500	-140	-176	11.79	46%	0.17	-21.8	2.56%	-1.4	-2.4	25	-2.4
12	Feb_25_2020	63.12	71.15	72	69.6	68.81	63.95	59.41(-9.03%)	DT	OpenShort	-75	-2.4	-166	-530	-180	-124	10.87	47%	0.16	-7	2.55%	-1.6	-2.8	34	-3.2
13	Feb_24_2020	63.02	71.6	73.55	72.66	72.33	69.34	65.31(-9.93%)	DT	OpenShort	-75	-2.1	-118	-300	-146	-35	8.75	53%	0.24	8.7	2.29%	-1.3	-1.8	53	-3.1
14	Feb_21_2020	62.87	71.88	74.33	74.67	74.47	73.67	72.51(-3.23%)	N/A	N/A	0	-0.7	-25	-80	-61	82	4.79	61%	0.38	25.6	1.88%	-1.5	0.2	74	-0.8
15	Feb_20_2020	62.63	71.85	74.42	75.18	75.07	75.35	74.93(-1.19%)	UD	OpenLong	65	-0.1	35	20	-1	141	5.28	64%	0.47	33.6	1.83%	-0.3	1	65	0.4

16	Feb_19_2020	62.34	71.68	74.18	75.26	75.18	75.26	75.83(1.51%)	UT	OpenLong	75	0.2	60	0	22	174	2.06	64%	0.42	39.2	1.82%	1.1	1.3	68	1
17	Feb_18_2020	62.08	71.45	73.62	74.87	74.95	74.8	74.7(-0.9%)	UD	OpenLong	65	-0.1	38	-10	-4	163	3.8	64%	0.55	41	1.82%	-0.4	1.1	66	0.8
18	Feb_14_2020	61.74	71.3	72.89	74.63	74.9	75.09	75.38(0.41%)	UT	OpenLong	75	0.3	58	30	20	173	2.47	64%	0.39	46.9	1.81%	-0.2	1.4	72	0.9
19	Feb_13_2020	61.5	71.08	71.94	73.93	74.31	75.1	75.07(-0.31%)	UD	OpenLong	75	0.4	58	90	29	143	4.05	64%	0.38	47.1	1.81%	0.6	1.5	60	0.6
20	Feb_12_2020	61.27	70.8	71.34	73.55	73.57	74.7	75.3(1.87%)	UT	OpenLong	75	0.7	71	110	50	132	2.74	64%	0.39	50.4	1.81%	1.1	1.8	55	1

21	Feb_11_2020	61.03	70.49	70.65	72.96	73.05	73.51	73.92(0.61%)	UT	OpenLong	75	0.4	65	50	51	105	3.86	63%	0.36	54.5	1.8%	0.8	1.5	53	0.1
22	Feb_10_2020	60.81	70.26	70.11	72.17	72.44	72.46	73.47(2.17%)	UT	OpenLong	75	0.6	37	10	28	64	2.47	63%	0.35	53.7	1.8%	1.4	1.5	53	0.2
23	Feb_7_2020	60.6	69.99	69.42	70.86	71.81	72.58	71.91(-1.67%)	UD	OpenLong	75	0.5	38	120	46	12	3.2	62%	0.3	42.9	1.79%	-0.7	0.9	48	-0.1
24	Feb_6_2020	60.42	69.84	69.2	69.58	70.54	72.42	73.13(1.08%)	N/A	N/A	0	1.7	56	230	80	-16	3.07	62%	0.33	28.5	1.77%	1.2	1.6	53	0.2
25	Feb_5_2020	60.22	69.55	69.01	68.8	68.9	71.03	72.35(3.34%)	N/A	N/A	0	1.8	67	220	96	-22	3.98	62%		22.2	1.77%	1.3	1.4	55	0.1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

Click to see actual return for next trading day.