| SQQQ latest price $386.8000 (3.76%) ($364.6100 - $387.4000) on Wed. Feb. 7, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.78% (three month average) |
RSI | 58 |
Latest Price | $386.8000(3.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 2.9% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 4.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) VIXM(10%) TLT(8%) UUP(8%) GDXJ(-0%) DIA(-1%) |
Factors Impacting SQQQ price | SQQQ will decline at least -1.39% 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 | -1.39% (StdDev 2.78%) |
Hourly BBV | 0 () |
Intraday Trend | 2.8% |
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