| SPXL latest price $64.9200 (7.36%) ($63.3700 - $65.7100) on Tue. Jun. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.18% (three month average) |
RSI | 30 |
Latest Price | $64.9200(7.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 0.1% a day on average for past five trading days. |
Weekly Trend | SPXL declines -14.7% 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%) IVE(96%) DIA(94%) IWD(94%) |
Factors Impacting SPXL price | SPXL will decline at least -2.59% in a week (0% probabilities). VIXM(-33%) UUP(-28%) TBT(-13%) VXX(-5%) UNG(10%) |
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 | -2.59% (StdDev 5.18%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2.3% |
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