| SPXL latest price $79.6900 (1.19%) ($78.9800 - $80.1600) on Sat. Feb. 6, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.52% (three month average) |
RSI | 62 |
Latest Price | $79.6900(1.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 2.8% a day on average for past five trading days. |
Weekly Trend | SPXL advances 0.5% 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 -1.26% in a week (0% probabilities). (0%) (0%) (0%) (0%) (0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.26% (StdDev 2.52%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
| |
|
|