| SPXL latest price $98.9100 (0.66%) ($98.5050 - $99.3790) on Mon. Apr. 26, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.91% (three month average) |
RSI | 69 |
Latest Price | $98.9100(0.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 0.3% a day on average for past five trading days. |
Weekly Trend | SPXL advances 2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based 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 -1.455% in a week (0% probabilities). VIXM(-55%) UUP(-30%) VXX(-16%) TBT(-3%) TLT(2%) |
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 | -1.455% (StdDev 2.91%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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