| SPXS latest price $33.1300 (0.61%) ($32.5920 - $33.7090) on Fri. Mar. 19, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.85% (three month average) |
RSI | 49 |
Latest Price | $33.1300(0.61%) |
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 -4.4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SPXS advance at 0% a week (0% probability) VIXM(55%) UUP(31%) VXX(17%) IGOV(5%) TBT(3%) |
Factors Impacting SPXS price | SPXS will decline at least -1.425% in a week (0% probabilities). IVW(-97%) IWF(-96%) DIA(-94%) QQQ(-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 | -1.425% (StdDev 2.85%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0.3% |
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