Trading Signals: SPXL Stock Price Prediction and Forecast

^ SPXL: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Thu. May. 5, 2022

Trading Signals: SPXL Stock Price Prediction and Forecast (Fri. Jun. 29, 2012 - Fri. Dec. 22, 2023)

(Direxion Daily S&P500 Bull 3X ETF)
SPXL latest price $89.7300 (-10.65%) ($86.7300 - $97.3700) on Thu. May. 5, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.64% (three month average)
RSI   38
Latest Price   $89.7300(-10.65%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SPXL declines -2.3% a day on average for past five trading days.
Weekly Trend   SPXL declines -8.6% a week on average for past two weeks.
Market Behavior   Broad based sell-off 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(98%)    IWF(97%)    IVE(96%)    DIA(95%)    QQQ(95%)
Factors Impacting SPXL price   SPXL will decline at least -2.32% in a week (0% probabilities).
VIXM(-41%)    UUP(-30%)    TBT(-10%)    VXX(-7%)    TLT(9%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.32% (StdDev 4.64%)
Hourly BBV -1.8 ()
Intraday Trend -7.8%

1 - 5 Day Possible Target   $77.87(-13.22%)
Resistance Level   $102.93
5 Day Moving Average   $92.48(-2.97%)
10 Day Moving Average   $94.84(-5.39%)
20 Day Moving Average   $102.93(-12.82%)
To recent high   -29.8%
To recent low   0.4%
Market Cap   $N/A

Average daily price decay: -0.02%

$. SPXL is a 3x leveraged ETF. You'll lose 0.02% a day on average for holding it.$. SPXL price fluctuates within 9.1% (three month std-dev: 4.64%) daily (68% of days).

Sample size 24 Average positive next day return: 3.38%(58%) Average negative next day return: -3.68%(42%) Sample size 24 Average positive next three day return: 6.28%(50%) Average negative next three day return: -7.01%(50%) Sample size 24 Average positive next weekly return: 14.14%(42%) Average negative next weekly return: -7.55%(58%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20220605

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i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	May_5_2022	116.55	102.93	94.84	92.48	92.43	94.41	89.73(-10.65%)	DT	OpenShort	-75	-0.3	-33	150	-6	-113	17.27	44%	-0.43	-68.6	4.64%	-1.8	-1.4	38	1.7
2	May_4_2022	117.05	104.24	96.65	94.61	92.64	93.91	100.43(9.06%)	N/A	N/A	0	0.6	9	30	42	-89	15.17	47%	-0.28	-69.3	4.48%	2.8	-0.4	41	1
3	May_3_2022	117.38	105.13	97.77	93.2	93.15	90.46	92.09(1.41%)	DP	OpenShort	-75	-0.1	-42	-200	-15	-121	11	41%	-0.38	-73.8	4.32%	0.4	-1.4	37	-0.9
4	May_2_2022	117.83	106.69	99.87	93.28	93.68	91.38	90.81(1.65%)	DP	OpenShort	-75	-0.3	-88	-160	-72	-137	12.95	41%	-0.42	-72.7	4.41%	-1	-1.6	35	-0.1
5	Apr_29_2022	118.33	108.2	101.69	95.38	95.4	95.85	89.34(-11%)	DT	OpenShort	-75	-0.6	-43	30	-20	-111	12.49	43%	-0.4	-70.9	4.42%	-1.9	-2	30	0.2

6	Apr_28_2022	118.8	109.78	103.72	97.45	96.7	95.98	100.38(7.52%)	DP	OpenShort	-75	0.3	-30	-80	-5	-105	10.83	49%	-0.33	-72.2	4.24%	2.4	-1.1	35	0.8
7	Apr_27_2022	119.19	111.02	104.92	99.1	98.09	94.95	93.36(0.9%)	DP	OpenShort	-75	-0.6	-93	-250	-81	-128	10.56	47%	-0.38	-60.9	4.24%	-1.5	-2	28	0.4
8	Apr_26_2022	119.64	112.76	106.6	103.16	102.79	97.42	92.53(-8.66%)	DT	OpenShort	-75	-1.2	-102	-380	-96	-119	11.38	47%	-0.31	-47.4	4.24%	-1.4	-2.4	25	1.4
9	Apr_25_2022	120.01	114.36	108.52	107.44	107.39	101.22	101.3(1.62%)	DP	OpenShort	-75	-0.8	-114	-400	-114	-115	12	48%	-0.2	-35.4	4.1%	-0.6	-1.8	27	1.9
10	Apr_22_2022	120.25	115.38	110.04	108.92	110.53	108.17	99.69(-8.21%)	DT	OpenShort	-75	-1.3	-87	-110	-83	-97	10.57	48%	-0.24	-29	4.09%	-1.6	-2.3	29	1.1

11	Apr_21_2022	120.54	116.42	111.86	110.71	111.72	113.57	108.61(-4.47%)	DT	HoldShort	-50	-0.4	-7	140	8	-53	8.49	49%	-0.12	-20.2	3.99%	-2.5	-1.4	37	1.3
12	Apr_20_2022	120.68	116.75	112.56	111.55	111.29	112.9	113.69(-0.19%)	N/A	N/A	0	0.4	25	90	48	-43	8.7	49%	-0.12	-11.6	4.02%	0.8	-0.6	35	0.7
13	Apr_19_2022	120.82	116.99	113.04	110.64	110.42	109.88	113.91(4.78%)	DP	OpenShort	-65	0.6	-15	-40	6	-76	7.63	48%	-0.17	-1.7	4.05%	1.8	-0.6	33	0.8
14	Apr_18_2022	121.03	117.05	113.89	109.92	110.35	109.69	108.71(0.06%)	DP	OpenShort	-75	-0.2	-47	-30	-30	-96	6.66	45%	-0.17	11.6	4.02%	-1.5	-1.5	34	1
15	Apr_14_2022	121.24	117.4	115.08	111.46	111.26	110.97	108.65(-3.68%)	DT	OpenShort	-75	-0.5	-35	-20	-19	-82	6.95	45%	-0.25	36.6	4.07%	-1.3	-1.7	38	1.5

16	Apr_13_2022	121.54	117.6	116.23	113.18	112.68	111.01	112.8(3.36%)	DP	OpenShort	-75	-0.1	-32	-120	-19	-71	7.01	44%	-0.21	55	4.04%	1	-0.9	44	1.5
17	Apr_12_2022	121.8	117.39	117.46	113.75	113.94	111.56	109.13(-1.08%)	DT	OpenShort	-75	-0.7	-56	-140	-51	-69	9.07	44%	-0.24	53.4	4.05%	-1.8	-1.3	48	1
18	Apr_11_2022	122.09	117.08	119.33	115.77	115.04	114.35	110.32(-5.23%)	DT	OpenShort	-75	-0.7	-51	-60	-52	-46	6.28	45%	-0.24	55.6	4.05%	-1.6	-0.9	44	0.1
19	Apr_8_2022	122.38	116.42	120.7	118.41	117.32	116.33	116.41(-0.72%)	N/A	N/A	0	-0.2	-5	-90	-6	0	6.49	46%	-0.2	57.9	3.98%	0.8	-0	55	0.7
20	Apr_7_2022	122.62	115.52	121.18	119.24	118.67	115.74	117.26(1.42%)	DP	OpenShort	-75	-0.2	-32	-190	-42	-1	7.24	46%	-0.17	53.2	4.01%	0.4	0.2	56	1.3

21	Apr_6_2022	122.83	114.72	121.43	119.75	119.69	118.31	115.62(-3.03%)	CR	SmallShort	-20	-0.4	-46	-80	-62	4	9.18	46%	-0.2	49.4	4.01%	-1	0.1	59	1.1