| SPXL latest price $90.7400 (-0.72%) ($90.0000 - $91.0400) on Tue. Nov. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.54% (three month average) |
RSI | 88 |
Latest Price | $90.7400(-0.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 0.6% a day on average for past five trading days. |
Weekly Trend | SPXL advances 6.5% a week on average for past two weeks. |
Market Behavior | Value stocks 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) IVE(99%) QQQ(95%) IWF(92%) VT(92%) VUG(91%) |
Factors Impacting SPXL price | SPXL will decline at least -1.27% in a week (0% probabilities). UUP(-43%) VXX(-34%) VIXM(-31%) TBT(-7%) BNDX(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 | -1.27% (StdDev 2.54%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0% |
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