| SPXL latest price $72.6500 (3.09%) ($70.2400 - $72.7900) on Thu. Jan. 26, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.06% (three month average) |
RSI | 78 |
Latest Price | $72.6500(3.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 2.3% a day on average for past five trading days. |
Weekly Trend | SPXL advances 4.2% 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%) IVE(97%) IWF(95%) VT(95%) VUG(94%) |
Factors Impacting SPXL price | SPXL will decline at least -2.03% in a week (0% probabilities). VIXM(-63%) VXX(-26%) UUP(-24%) SHY(-13%) TBT(-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 | -2.03% (StdDev 4.06%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1% |
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