| SQQQ latest price $1545.6000 (3.32%) ($1501.6000 - $1557.4600) on Fri. Jun. 17, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.31% (three month average) |
RSI | 77 |
Latest Price | $1545.6000(3.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 1.2% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 3.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) VIXM(11%) TLT(8%) UUP(7%) IPO(1%) GDXJ(-0%) |
Factors Impacting SQQQ price | SQQQ will decline at least -1.155% 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 | -1.155% (StdDev 2.31%) |
Hourly BBV | 0 () |
Intraday Trend | 2.9% |
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