| SPXS latest price $20.7400 (8.36%) ($19.2700 - $20.8100) on Fri. Apr. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.1% (three month average) |
RSI | 70 |
Latest Price | $20.7400(8.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 1.6% a day on average for past five trading days. |
Weekly Trend | SPXS advances 4% 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(43%) UUP(30%) TBT(10%) VXX(7%) TLT(-9%) |
Factors Impacting SPXS price | SPXS will decline at least -2.05% 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 | -2.05% (StdDev 4.1%) |
Hourly BBV | 1.7 () |
Intraday Trend | 7.3% |
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