| SQQQ latest price $1412.0000 (-0.31%) ($1392.0000 - $1429.6000) on Wed. Apr. 20, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.63% (three month average) |
RSI | 43 |
Latest Price | $1412.0000(-0.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 0.1% a day on average for past five trading days. |
Weekly Trend | SQQQ declines -1.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) VIXM(12%) TLT(8%) UUP(7%) IBUY(6%) IPO(1%) |
Factors Impacting SQQQ price | SQQQ will decline at least -1.815% in a week (0% probabilities). QQQ(-43%) IWF(-43%) IVW(-42%) VUG(-40%) XLK(-39%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.815% (StdDev 3.63%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
| |
|
|