| SPXS latest price $25.8700 (-2.96%) ($25.7470 - $27.4100) on Fri. Jul. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.35% (three month average) |
RSI | 56 |
Latest Price | $25.8700(-2.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 1.3% a day on average for past five trading days. |
Weekly Trend | SPXS declines -3.5% 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) UUP(28%) VIXM(28%) TBT(12%) VXX(5%) UNG(-9%) |
Factors Impacting SPXS price | SPXS will decline at least -2.675% in a week (0% probabilities). IVW(-98%) IWF(-97%) IVE(-96%) QQQ(-94%) DIA(-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 | -2.675% (StdDev 5.35%) |
Hourly BBV | -1.1 () |
Intraday Trend | -3.5% |
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