| SPXS latest price $17.2700 (1.11%) ($16.9500 - $17.4490) on Fri. Jan. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.56% (three month average) |
RSI | 40 |
Latest Price | $17.2700(1.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 1.1% a day on average for past five trading days. |
Weekly Trend | SPXS declines -2.6% a week on average for past two weeks. |
Market Behavior | Growth stock 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(50%) UUP(31%) VXX(11%) TBT(7%) IGOV(4%) |
Factors Impacting SPXS price | SPXS will decline at least -1.28% 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 | -1.28% (StdDev 2.56%) |
Hourly BBV | 0.8 () |
Intraday Trend | 1% |
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