| SQQQ latest price $759.2000 (0.4%) ($753.2000 - $765.4000) on Tue. Apr. 18, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.27% (three month average) |
RSI | 53 |
Latest Price | $759.2000(0.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 0.3% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 1.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) VIXM(10%) TLT(8%) UUP(7%) GDXJ(-0%) IPO(0%) |
Factors Impacting SQQQ price | SQQQ will decline at least -0.635% in a week (0% probabilities). QQQ(-42%) IWF(-42%) IVW(-42%) XLK(-39%) VUG(-39%) |
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 | -0.635% (StdDev 1.27%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
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