| SQQQ latest price $348.8000 (0.98%) ($337.2000 - $354.3800) on Mon. Apr. 23, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.79% (three month average) |
RSI | 39 |
Latest Price | $348.8000(0.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 0.2% a day on average for past five trading days. |
Weekly Trend | SQQQ declines -5.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) VIXM(8%) TLT(7%) UUP(7%) DIA(1%) GDXJ(0%) |
Factors Impacting SQQQ price | SQQQ will decline at least -2.395% in a week (0% probabilities). QQQ(-41%) IWF(-41%) IVW(-41%) XLK(-38%) VUG(-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 | -2.395% (StdDev 4.79%) |
Hourly BBV | 0 () |
Intraday Trend | 2.2% |
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