| SPXS latest price $21.1600 (3.73%) ($20.4400 - $22.2000) on Tue. Jan. 25, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.82% (three month average) |
RSI | 87 |
Latest Price | $21.1600(3.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 2.9% a day on average for past five trading days. |
Weekly Trend | SPXS advances 9.6% a week on average for past two weeks. |
Market Behavior | Broad based 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(8%) EDOC(-6%) |
Factors Impacting SPXS price | SPXS will decline at least -1.41% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.41% (StdDev 2.82%) |
Hourly BBV | -0.3 () |
Intraday Trend | -1.1% |
| |
|
|