| SPXL latest price $101.1200 (-0.42%) ($100.4700 - $101.8700) on Fri. Dec. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.37% (three month average) |
RSI | 79 |
Latest Price | $101.1200(-0.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 1.4% a day on average for past five trading days. |
Weekly Trend | SPXL advances 4% 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) IWF(92%) VFMO(92%) VUG(92%) XLF(92%) EWY(91%) |
Factors Impacting SPXL price | SPXL will decline at least -1.185% in a week (0% probabilities). UUP(-40%) EDOC(-24%) BNDX(-3%) TIP(12%) BND(14%) |
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 | -1.185% (StdDev 2.37%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0% |
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