| SPXL latest price $145.5900 (4.24%) ($140.8000 - $145.6150) on Mon. Dec. 27, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.74% (three month average) |
RSI | 64 |
Latest Price | $145.5900(4.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 2.2% a day on average for past five trading days. |
Weekly Trend | SPXL advances 0.4% a week on average for past two weeks. |
Market Behavior | Broad based 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(98%) IWF(97%) DIA(95%) IVE(95%) QQQ(95%) |
Factors Impacting SPXL price | SPXL will decline at least -1.37% in a week (0% probabilities). VIXM(-50%) UUP(-31%) VXX(-11%) TBT(-7%) IGOV(-4%) |
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 | -1.37% (StdDev 2.74%) |
Hourly BBV | 1.4 () |
Intraday Trend | 3.3% |
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