| SPXS latest price $17.1800 (-3.05%) ($17.1800 - $17.7800) on Wed. Dec. 22, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.75% (three month average) |
RSI | 41 |
Latest Price | $17.1800(-3.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 0.1% a day on average for past five trading days. |
Weekly Trend | SPXS declines -1% 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(51%) UUP(31%) VXX(11%) TBT(7%) IGOV(4%) |
Factors Impacting SPXS price | SPXS will decline at least -1.375% in a week (0% probabilities). IVW(-98%) IWF(-97%) QQQ(-95%) IVE(-95%) DIA(-95%) |
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 | -1.375% (StdDev 2.75%) |
Hourly BBV | -1.3 () |
Intraday Trend | -3.3% |
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