| SPXL latest price $92.8200 (1.44%) ($91.8000 - $92.9000) on Thu. Apr. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.9% (three month average) |
RSI | 76 |
Latest Price | $92.8200(1.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 1.8% a day on average for past five trading days. |
Weekly Trend | SPXL advances 6.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth 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(94%) IVE(93%) |
Factors Impacting SPXL price | SPXL will decline at least -1.45% in a week (0% probabilities). VIXM(-54%) 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 | -1.45% (StdDev 2.9%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0.3% |
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