| SPXS latest price $62.6000 (3.47%) ($62.4000 - $65.4000) on Mon. Sep. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.26% (three month average) |
RSI | 65 |
Latest Price | $62.6000(3.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 1.9% a day on average for past five trading days. |
Weekly Trend | SPXS advances 5.4% a week on average for past two weeks. |
Market Behavior | Value stocks 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(56%) UUP(31%) VXX(19%) IGOV(8%) EDOC(7%) |
Factors Impacting SPXS price | SPXS will decline at least -1.63% in a week (0% probabilities). IVW(-96%) IWF(-95%) DIA(-93%) QQQ(-92%) IWD(-91%) |
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 | -1.63% (StdDev 3.26%) |
Hourly BBV | 1 () |
Intraday Trend | -0.8% |
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