| SPXL latest price $86.2500 (-2.24%) ($86.1600 - $88.9000) on Wed. Aug. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2% (three month average) |
RSI | 33 |
Latest Price | $86.2500(-2.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL declines -0.9% a day on average for past five trading days. |
Weekly Trend | SPXL declines -3.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SPXL advance at 0% a week (0% probability) IVW(99%) IVE(96%) VT(96%) IWF(95%) VUG(95%) |
Factors Impacting SPXL price | SPXL will decline at least -1% in a week (0% probabilities). VXX(-75%) VIXM(-69%) UUP(-33%) TBT(-31%) USO(-2%) |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1% (StdDev 2%) |
Hourly BBV | -2 () |
Intraday Trend | -1.8% |
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