| SQQQ latest price $537.4000 (0.9%) ($531.4000 - $549.8000) on Wed. Sep. 20, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.28% (three month average) |
RSI | 44 |
Latest Price | $537.4000(0.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 0.3% a day on average for past five trading days. |
Weekly Trend | SQQQ declines -0.6% 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(10%) TLT(8%) UUP(7%) GDXJ(-0%) DIA(-1%) |
Factors Impacting SQQQ price | SQQQ will decline at least -1.14% in a week (0% probabilities). QQQ(-42%) IWF(-42%) IVW(-42%) VUG(-39%) XLK(-38%) |
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 | -1.14% (StdDev 2.28%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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