| SPXS latest price $274.6000 (8.45%) ($251.8000 - $288.5000) on Mon. Mar. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.35% (three month average) |
RSI | 67 |
Latest Price | $274.6000(8.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 3.3% a day on average for past five trading days. |
Weekly Trend | SPXS advances 20.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SPXS advance at 0% a week (0% probability) VIXM(61%) VXX(25%) UUP(22%) TLT(15%) SHY(-2%) |
Factors Impacting SPXS price | SPXS will decline at least -4.675% in a week (0% probabilities). IVW(-96%) IWF(-95%) DIA(-95%) IWD(-93%) IVE(-93%) |
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 | -4.675% (StdDev 9.35%) |
Hourly BBV | 1.5 () |
Intraday Trend | 7.1% |
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