| SPXS latest price $15.7800 (0.96%) ($15.2900 - $15.9370) on Fri. Sep. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.05% (three month average) |
RSI | 76 |
Latest Price | $15.7800(0.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SPXS advances 0.5% a day on average for past five trading days. |
Weekly Trend | SPXS advances 5.9% a week on average for past two weeks. |
Market Behavior | Growth stock 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(72%) VIXM(67%) TBT(33%) UUP(33%) USO(3%) |
Factors Impacting SPXS price | SPXS will decline at least -1.025% in a week (0% probabilities). IVE(-97%) VT(-96%) QQQ(-95%) IWF(-95%) VUG(-94%) |
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 | -1.025% (StdDev 2.05%) |
Hourly BBV | -0.1 () |
Intraday Trend | 3.1% |
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