| SPXL latest price $91.3300 (-0.57%) ($91.1000 - $91.9600) on Mon. Nov. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.46% (three month average) |
RSI | 80 |
Latest Price | $91.3300(-0.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 0.4% a day on average for past five trading days. |
Weekly Trend | SPXL advances 5.6% 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(98%) DIA(90%) IWF(90%) VT(89%) |
Factors Impacting SPXL price | SPXL will decline at least -1.23% in a week (0% probabilities). VIXM(-58%) EDOC(-56%) VXX(-47%) UUP(-38%) BNDX(-8%) |
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 | -1.23% (StdDev 2.46%) |
Hourly BBV | -0.2 () |
Intraday Trend | -0.1% |
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