| SPXL latest price $84.4700 (4.5%) ($81.2800 - $85.0100) on Sat. Jul. 30, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.1% (three month average) |
RSI | 70 |
Latest Price | $84.4700(4.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 2.6% a day on average for past five trading days. |
Weekly Trend | SPXL advances 7.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SPXL advance at 0% a week (0% probability) (0%) (0%) (0%) (0%) (0%) |
Factors Impacting SPXL price | SPXL will decline at least -2.55% in a week (0% probabilities). (0%) (0%) (0%) (0%) (0%) |
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 | -2.55% (StdDev 5.1%) |
Hourly BBV | 0 () |
Intraday Trend | 3.3% |
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