| SPXS latest price $110.3000 (5.35%) ($104.1000 - $113.1000) on Wed. May. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.35% (three month average) |
RSI | 45 |
Latest Price | $110.3000(5.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 0.5% a day on average for past five trading days. |
Weekly Trend | SPXS declines -2% 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(59%) UUP(31%) VXX(22%) TLT(3%) IGOV(-3%) |
Factors Impacting SPXS price | SPXS will decline at least -5.675% in a week (0% probabilities). IVW(-96%) IWF(-94%) DIA(-93%) QQQ(-91%) IWD(-90%) |
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 | -5.675% (StdDev 11.35%) |
Hourly BBV | 1.8 () |
Intraday Trend | 4.7% |
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