| SPXL latest price $102.7300 (1.59%) ($101.9800 - $103.3700) on Mon. Dec. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.38% (three month average) |
RSI | 80 |
Latest Price | $102.7300(1.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXL advances 1.5% a day on average for past five trading days. |
Weekly Trend | SPXL advances 4.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SPXL advance at 0% a week (0% probability) VFMO(93%) EWI(92%) IWF(92%) VUG(92%) XLF(92%) |
Factors Impacting SPXL price | SPXL will decline at least -1.19% in a week (0% probabilities). VXX(-74%) VIXM(-64%) UUP(-40%) TBT(9%) TIP(16%) |
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 | -1.19% (StdDev 2.38%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0.6% |
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