| SPXS latest price $132.5000 (5.49%) ($126.2120 - $133.5500) on Fri. Jan. 31, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.65% (three month average) |
RSI | 55 |
Latest Price | $132.5000(5.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 1.2% a day on average for past five trading days. |
Weekly Trend | SPXS advances 1.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SPXS advance at 0% a week (0% probability) VIXM(64%) VXX(28%) TLT(20%) UUP(13%) IGOV(7%) |
Factors Impacting SPXS price | SPXS will decline at least -0.825% in a week (0% probabilities). IVW(-97%) IWF(-96%) DIA(-96%) IWD(-94%) IVE(-94%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.825% (StdDev 1.65%) |
Hourly BBV | 1.9 () |
Intraday Trend | 4.7% |
| |
|
|