| SQQQ latest price $661.4000 (-2.59%) ($654.8000 - $682.4000) on Thu. May. 18, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.64% (three month average) |
RSI | 41 |
Latest Price | $661.4000(-2.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 0.4% a day on average for past five trading days. |
Weekly Trend | SQQQ declines -1.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally 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 -0.82% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.82% (StdDev 1.64%) |
Hourly BBV | 0 () |
Intraday Trend | -2.6% |
| |
|
|