| SPXS latest price $21.4500 (-2.41%) ($21.4100 - $22.0100) on Fri. Aug. 20, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.71% (three month average) |
RSI | 37 |
Latest Price | $21.4500(-2.41%) |
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 -0.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SPXS advance at 0% a week (0% probability) VIXM(53%) UUP(29%) VXX(14%) TBT(4%) IGOV(-3%) |
Factors Impacting SPXS price | SPXS will decline at least -0.855% in a week (0% probabilities). IWF(-97%) IVW(-97%) QQQ(-94%) IVE(-94%) DIA(-94%) |
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 | -0.855% (StdDev 1.71%) |
Hourly BBV | -1.1 () |
Intraday Trend | -2.2% |
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