| SQQQ latest price $1519.2000 (-1.71%) ($1471.2000 - $1521.5900) on Mon. Jun. 20, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.32% (three month average) |
RSI | 74 |
Latest Price | $1519.2000(-1.71%) |
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 3.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -1.16% 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 | -1.16% (StdDev 2.32%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
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