| SPXL latest price $139.6000 (0.82%) ($137.7400 - $141.5000) on Wed. Jan. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.56% (three month average) |
RSI | 56 |
Latest Price | $139.6000(0.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 0.3% a day on average for past five trading days. |
Weekly Trend | SPXL declines -2.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock sell-off 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 -1.28% in a week (0% probabilities). VIXM(-50%) UUP(-31%) VXX(-11%) TBT(-7%) TLT(6%) |
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 | -1.28% (StdDev 2.56%) |
Hourly BBV | 0.9 () |
Intraday Trend | -0.3% |
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