| SPXS latest price $25.6000 (2.48%) ($24.2100 - $25.8600) on Mon. Jul. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.37% (three month average) |
RSI | 59 |
Latest Price | $25.6000(2.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 0.4% a day on average for past five trading days. |
Weekly Trend | SPXS advances 0.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SPXS advance at 0% a week (0% probability) UUP(29%) VIXM(28%) TBT(14%) VXX(4%) EDOC(-3%) |
Factors Impacting SPXS price | SPXS will decline at least -2.685% 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 | -2.685% (StdDev 5.37%) |
Hourly BBV | -0.1 () |
Intraday Trend | 5% |
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