| SPXL latest price $76.2100 (0.25%) ($75.4100 - $77.3100) on Wed. Feb. 3, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.7% (three month average) |
RSI | 52 |
Latest Price | $76.2100(0.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 1.2% a day on average for past five trading days. |
Weekly Trend | SPXL declines -1.1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SPXL advance at 0% a week (0% probability) IVW(97%) IWF(96%) DIA(94%) QQQ(93%) IVE(92%) |
Factors Impacting SPXL price | SPXL will decline at least -1.35% in a week (0% probabilities). VIXM(-56%) UUP(-30%) VXX(-18%) TBT(-3%) IGOV(-1%) |
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 | -1.35% (StdDev 2.7%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0.5% |
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