| SPXS latest price $17.6700 (3.76%) ($16.9000 - $17.8050) on Tue. Apr. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4% (three month average) |
RSI | 33 |
Latest Price | $17.6700(3.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 1.3% a day on average for past five trading days. |
Weekly Trend | SPXS declines -4.1% 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(44%) UUP(30%) TBT(11%) EDOC(9%) VXX(8%) |
Factors Impacting SPXS price | SPXS will decline at least -2% in a week (0% probabilities). IVW(-98%) IWF(-97%) IVE(-96%) QQQ(-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 | -2% (StdDev 4%) |
Hourly BBV | 1.2 () |
Intraday Trend | 2.7% |
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