| SPXS latest price $25.4700 (3.2%) ($24.8400 - $25.9050) on Thu. Nov. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.54% (three month average) |
RSI | 37 |
Latest Price | $25.4700(3.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 1.4% a day on average for past five trading days. |
Weekly Trend | SPXS declines -6.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SPXS advance at 0% a week (0% probability) UUP(15%) TBT(13%) VIXM(12%) EDOC(2%) VXX(2%) |
Factors Impacting SPXS price | SPXS will decline at least -2.27% in a week (0% probabilities). IVW(-97%) IWF(-96%) IVE(-95%) QQQ(-93%) IWD(-91%) |
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 | -2.27% (StdDev 4.54%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.3% |
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