| SPXL latest price $76.5700 (5.44%) ($70.2700 - $77.2900) on Sat. Mar. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.81% (three month average) |
RSI | 40 |
Latest Price | $76.5700(5.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 0.4% a day on average for past five trading days. |
Weekly Trend | SPXL declines -3.3% 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 -1.405% 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 | -1.405% (StdDev 2.81%) |
Hourly BBV | 0 () |
Intraday Trend | 2.4% |
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