| SPXS latest price $24.3700 (-0.45%) ($23.0600 - $25.1300) on Tue. May. 10, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.75% (three month average) |
RSI | 71 |
Latest Price | $24.3700(-0.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 2.3% a day on average for past five trading days. |
Weekly Trend | SPXS advances 5.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SPXS advance at 0% a week (0% probability) VIXM(40%) UUP(31%) TBT(10%) VXX(7%) TLT(-9%) |
Factors Impacting SPXS price | SPXS will decline at least -2.375% 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 | -2.375% (StdDev 4.75%) |
Hourly BBV | 0.7 () |
Intraday Trend | 4.3% |
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