| SPXS latest price $16.8700 (-2.88%) ($16.8700 - $17.7480) on Tue. Jan. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.56% (three month average) |
RSI | 38 |
Latest Price | $16.8700(-2.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 0.9% a day on average for past five trading days. |
Weekly Trend | SPXS advances 1.2% 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(50%) UUP(31%) VXX(11%) TBT(7%) TLT(-6%) |
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 | -1.4 () |
Intraday Trend | -2.9% |
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