| SPXL latest price $84.5800 (-0.06%) ($82.6950 - $85.2000) on Mon. Mar. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.95% (three month average) |
RSI | 65 |
Latest Price | $84.5800(-0.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 0.5% a day on average for past five trading days. |
Weekly Trend | SPXL advances 0.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SPXL advance at 0% a week (0% probability) IVW(97%) IWF(96%) DIA(94%) IVE(93%) IWD(93%) |
Factors Impacting SPXL price | SPXL will decline at least -1.475% in a week (0% probabilities). VIXM(-55%) UUP(-30%) VXX(-16%) IGOV(-5%) TBT(-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 | -1.475% (StdDev 2.95%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1% |
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