| SPXL latest price $68.9100 (-0.65%) ($68.1700 - $69.2400) on Mon. Dec. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.61% (three month average) |
RSI | 59 |
Latest Price | $68.9100(-0.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 1.1% a day on average for past five trading days. |
Weekly Trend | SPXL advances 3.9% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SPXL advance at 0% a week (0% probability) IVW(96%) IWF(96%) DIA(93%) QQQ(93%) IVE(92%) |
Factors Impacting SPXL price | SPXL will decline at least -1.805% in a week (0% probabilities). VIXM(-56%) UUP(-30%) VXX(-18%) TBT(-3%) 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 | -1.805% (StdDev 3.61%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0.1% |
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