| SPXS latest price $21.3500 (2.1%) ($20.8350 - $21.5550) on Mon. Aug. 29, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.4% (three month average) |
RSI | 54 |
Latest Price | $21.3500(2.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 1.5% a day on average for past five trading days. |
Weekly Trend | SPXS advances 4.2% a week on average for past two weeks. |
Market Behavior | Growth stock 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) UUP(27%) VIXM(24%) TBT(14%) EDOC(8%) VXX(4%) |
Factors Impacting SPXS price | SPXS will decline at least -2.2% in a week (0% probabilities). IVW(-98%) IWF(-97%) IVE(-96%) QQQ(-94%) IWD(-93%) |
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 | -2.2% (StdDev 4.4%) |
Hourly BBV | 1.1 () |
Intraday Trend | -0.3% |
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