| SQQQ latest price $397.2000 (8.35%) ($369.2000 - $409.2000) on Mon. Apr. 2, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.54% (three month average) |
RSI | 75 |
Latest Price | $397.2000(8.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 0.7% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 10.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) VIXM(9%) TLT(8%) UUP(8%) DIA(0%) GDXJ(0%) |
Factors Impacting SQQQ price | SQQQ will decline at least -2.27% in a week (0% probabilities). QQQ(-42%) IWF(-41%) IVW(-41%) VUG(-39%) XLK(-38%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.27% (StdDev 4.54%) |
Hourly BBV | 0 () |
Intraday Trend | 6.2% |
| |
|
|