| SPXS latest price $20.3400 (6.44%) ($19.5000 - $20.4400) on Thu. Feb. 17, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.5% (three month average) |
RSI | 51 |
Latest Price | $20.3400(6.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 1.5% a day on average for past five trading days. |
Weekly Trend | SPXS advances 2.3% 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(48%) UUP(31%) VXX(10%) TBT(8%) EDOC(-4%) |
Factors Impacting SPXS price | SPXS will decline at least -1.75% 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 | -1.75% (StdDev 3.5%) |
Hourly BBV | 2.3 () |
Intraday Trend | 3.9% |
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