| SPXL latest price $77.2300 (-1.06%) ($75.4100 - $77.9660) on Sun. Jan. 24, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.85% (three month average) |
RSI | 62 |
Latest Price | $77.2300(-1.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 0.7% a day on average for past five trading days. |
Weekly Trend | SPXL advances 2.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SPXL advance at 0% a week (0% probability) (0%) (0%) (0%) (0%) (0%) |
Factors Impacting SPXL price | SPXL will decline at least -1.425% in a week (0% probabilities). (0%) (0%) (0%) (0%) (0%) |
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 | -1.425% (StdDev 2.85%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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