| SPXL latest price $65.5800 (4.81%) ($62.5000 - $65.7300) on Tue. Oct. 25, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.57% (three month average) |
RSI | 52 |
Latest Price | $65.5800(4.81%) |
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 3.3% 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(97%) IVE(96%) IWF(96%) QQQ(93%) DIA(92%) |
Factors Impacting SPXL price | SPXL will decline at least -2.285% in a week (0% probabilities). UUP(-17%) VIXM(-13%) TBT(-11%) VXX(-3%) UNG(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 | -2.285% (StdDev 4.57%) |
Hourly BBV | 1.4 () |
Intraday Trend | 4.9% |
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