| SQQQ latest price $414.6000 (-4.78%) ($404.6000 - $465.2000) on Fri. Feb. 9, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.26% (three month average) |
RSI | 67 |
Latest Price | $414.6000(-4.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 2.7% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 10.4% 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(10%) TLT(8%) UUP(8%) GDXJ(-0%) DIA(-1%) |
Factors Impacting SQQQ price | SQQQ will decline at least -1.63% 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 | -1.63% (StdDev 3.26%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
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