| SPXS latest price $17.4200 (-0.06%) ($17.3600 - $17.6100) on Mon. May. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.84% (three month average) |
RSI | 54 |
Latest Price | $17.4200(-0.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 0.4% 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 | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SPXS advance at 0% a week (0% probability) VXX(73%) VIXM(67%) UUP(30%) TBT(25%) SHY(-2%) |
Factors Impacting SPXS price | SPXS will decline at least -1.42% in a week (0% probabilities). IVW(-98%) 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 | -1.42% (StdDev 2.84%) |
Hourly BBV | -0.9 () |
Intraday Trend | 0.1% |
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