| SPXS latest price $20.8400 (2.26%) ($20.1700 - $20.8600) on Fri. Dec. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.95% (three month average) |
RSI | 52 |
Latest Price | $20.8400(2.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 2% a day on average for past five trading days. |
Weekly Trend | SPXS advances 1.5% 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) TBT(8%) VIXM(8%) SHY(5%) VXX(2%) UUP(0%) |
Factors Impacting SPXS price | SPXS will decline at least -2.475% in a week (0% probabilities). IVW(-98%) IWF(-96%) IVE(-96%) QQQ(-91%) DIA(-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 | -2.475% (StdDev 4.95%) |
Hourly BBV | -0.2 () |
Intraday Trend | 1.2% |
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