| SPXS latest price $23.1200 (3.31%) ($22.1400 - $23.3700) on Thu. Sep. 15, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.23% (three month average) |
RSI | 71 |
Latest Price | $23.1200(3.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 1.4% a day on average for past five trading days. |
Weekly Trend | SPXS advances 1.1% 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) UUP(27%) VIXM(22%) TBT(15%) VXX(4%) EDOC(-8%) |
Factors Impacting SPXS price | SPXS will decline at least -2.115% in a week (0% probabilities). IVW(-98%) IWF(-97%) IVE(-96%) QQQ(-93%) 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 | -2.115% (StdDev 4.23%) |
Hourly BBV | 1.8 () |
Intraday Trend | 2% |
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