| SPXS latest price $283.8000 (-3.83%) ($281.4000 - $300.4000) on Fri. May. 4, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.95% (three month average) |
RSI | 54 |
Latest Price | $283.8000(-3.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 0.1% a day on average for past five trading days. |
Weekly Trend | SPXS advances 2.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SPXS advance at 0% a week (0% probability) TLT(22%) UUP(20%) VIXM(18%) DIA(8%) XHB(5%) |
Factors Impacting SPXS price | SPXS will decline at least -1.975% in a week (0% probabilities). IVW(-97%) IWF(-96%) IWD(-94%) IVE(-94%) QQQ(-92%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.975% (StdDev 3.95%) |
Hourly BBV | 0 () |
Intraday Trend | -5.2% |
| |
|
|