| SQQQ latest price $1532.0000 (2.68%) ($1522.4000 - $1569.2000) on Wed. Apr. 27, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.36% (three month average) |
RSI | 56 |
Latest Price | $1532.0000(2.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 1.7% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 0.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) VIXM(11%) TLT(8%) UUP(7%) IBUY(5%) IPO(1%) |
Factors Impacting SQQQ price | SQQQ will decline at least -1.68% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.68% (StdDev 3.36%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
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