| SPXS latest price $18.5600 (-3.33%) ($18.4400 - $19.2600) on Wed. Apr. 13, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.04% (three month average) |
RSI | 55 |
Latest Price | $18.5600(-3.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 0.4% a day on average for past five trading days. |
Weekly Trend | SPXS advances 4.1% 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(43%) UUP(30%) TBT(11%) VXX(8%) UNG(-9%) |
Factors Impacting SPXS price | SPXS will decline at least -2.02% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.02% (StdDev 4.04%) |
Hourly BBV | -1.1 () |
Intraday Trend | -3.6% |
| |
|
|