| SPXS latest price $23.1100 (7.09%) ($21.5100 - $23.1200) on Thu. Jun. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.84% (three month average) |
RSI | 38 |
Latest Price | $23.1100(7.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 2.3% a day on average for past five trading days. |
Weekly Trend | SPXS declines -6.4% 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(34%) UUP(30%) TBT(13%) VXX(6%) UNG(-9%) |
Factors Impacting SPXS price | SPXS will decline at least -2.42% 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 | -2.42% (StdDev 4.84%) |
Hourly BBV | 2.8 () |
Intraday Trend | 5.5% |
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