| SPXS latest price $29.5400 (4.68%) ($27.5000 - $29.5600) on Fri. Sep. 30, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.99% (three month average) |
RSI | 85 |
Latest Price | $29.5400(4.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 1.7% a day on average for past five trading days. |
Weekly Trend | SPXS advances 12% 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(24%) VIXM(19%) TBT(15%) VXX(4%) SHY(-8%) |
Factors Impacting SPXS price | SPXS will decline at least -1.995% in a week (0% probabilities). IWF(-97%) IVW(-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 | -1.995% (StdDev 3.99%) |
Hourly BBV | 1.4 () |
Intraday Trend | 3.9% |
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