| SPXS latest price $18.5200 (1.31%) ($18.0600 - $18.6100) on Wed. Apr. 26, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.85% (three month average) |
RSI | 56 |
Latest Price | $18.5200(1.31%) |
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 0.3% 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) VXX(74%) VIXM(67%) UUP(29%) TBT(21%) SHY(4%) |
Factors Impacting SPXS price | SPXS will decline at least -1.425% in a week (0% probabilities). IVW(-97%) IVE(-96%) VT(-95%) IWF(-94%) VUG(-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 | -1.425% (StdDev 2.85%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.8% |
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