| SPXS latest price $40.8000 (-1.21%) ($40.8000 - $41.3000) on Thu. Dec. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.1% (three month average) |
RSI | 49 |
Latest Price | $40.8000(-1.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 0.3% a day on average for past five trading days. |
Weekly Trend | SPXS declines -0.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SPXS advance at 0% a week (0% probability) VIXM(56%) UUP(30%) VXX(18%) EDOC(4%) TBT(3%) |
Factors Impacting SPXS price | SPXS will decline at least -1.55% in a week (0% probabilities). IWF(-96%) IVW(-96%) DIA(-94%) QQQ(-93%) IWD(-92%) |
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 | -1.55% (StdDev 3.1%) |
Hourly BBV | -2.4 () |
Intraday Trend | -0.5% |
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