MAX S&P 500 4X Leveraged ETN (SPYU)
NYSEArca
Scores are generated from technical indicators for educational purposes and are not a recommendation to buy or sell.
Price history
Daily closes and volumeAI Analysis Generated from the indicator readings below. Educational only.
MAX S&P 500 4X Leveraged ETN is trading at $35.54, down 2.50% on the session. The 50 day average sits at $33.32 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 63.4, which reads as strong, and MACD is bullish crossover. Volume is below average.
The nearest support is around $31.79 with resistance near $37.56, so that band frames the current range. Average daily movement is roughly $1.32, or about 3.7% of the share price, which is what any stop placement has to allow for. The overall health score of 70 out of 100 combines a trend score of 72, momentum of 85 and a risk score of 44.
Technical indicators
About MAX S&P 500 4X Leveraged ETN
The notes are intended to be daily trading tools for sophisticated investors to manage daily trading risks as part of an overall diversified portfolio. They are designed to achieve their stated investment objectives on a daily basis. The notes are designed to reflect a 4x leveraged long exposure to the performance of the index on a daily basis (as described below), before taking into account the negative effect of the Daily Investor Fee, the Daily Financing Charge and the Redemption Fee Amount, if applicable.