| SPXL latest price $83.4100 (-0.36%) ($82.4700 - $84.1280) on Mon. Nov. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.51% (three month average) |
RSI | 63 |
Latest Price | $83.4100(-0.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 0.5% a day on average for past five trading days. |
Weekly Trend | SPXL advances 7.4% 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) IVE(99%) QQQ(97%) DIA(93%) IWF(92%) VT(92%) |
Factors Impacting SPXL price | SPXL will decline at least -1.255% in a week (0% probabilities). EDOC(-55%) VXX(-48%) UUP(-40%) VIXM(-25%) TBT(-18%) |
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 | -1.255% (StdDev 2.51%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.6% |
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