| SPXS latest price $21.5300 (-0.74%) ($20.7550 - $21.7200) on Mon. Jun. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.97% (three month average) |
RSI | 43 |
Latest Price | $21.5300(-0.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 0.5% a day on average for past five trading days. |
Weekly Trend | SPXS declines -6.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SPXS advance at 0% a week (0% probability) VIXM(34%) UUP(30%) TBT(13%) VXX(6%) UNG(-9%) |
Factors Impacting SPXS price | SPXS will decline at least -2.485% in a week (0% probabilities). IVW(-98%) IWF(-97%) IVE(-96%) QQQ(-94%) IWD(-94%) |
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 | -2.485% (StdDev 4.97%) |
Hourly BBV | 0.5 () |
Intraday Trend | 2.3% |
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