| SQQQ latest price $244.0000 (3.83%) ($233.0000 - $250.6000) on Fri. Oct. 5, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.33% (three month average) |
RSI | 48 |
Latest Price | $244.0000(3.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 1.9% a day on average for past five trading days. |
Weekly Trend | SQQQ declines -1.1% 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) VXX(10%) TLT(8%) UUP(8%) VIXM(8%) DIA(1%) |
Factors Impacting SQQQ price | SQQQ will decline at least -1.165% in a week (0% probabilities). QQQ(-41%) IWF(-41%) IVW(-41%) VUG(-38%) XLK(-37%) |
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 | -1.165% (StdDev 2.33%) |
Hourly BBV | 0 () |
Intraday Trend | 3.7% |
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