| SPXL latest price $61.8200 (-1.14%) ($60.9500 - $62.6700) on Tue. Dec. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.76% (three month average) |
RSI | 39 |
Latest Price | $61.8200(-1.14%) |
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 -4.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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%) IVE(97%) IWF(95%) QQQ(91%) DIA(90%) |
Factors Impacting SPXL price | SPXL will decline at least -2.38% in a week (0% probabilities). EDOC(-11%) SHY(-8%) TBT(-7%) VIXM(-4%) XLP(-1%) |
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 | -2.38% (StdDev 4.76%) |
Hourly BBV | 0.1 () |
Intraday Trend | -1.1% |
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