| SQQQ latest price $284.0000 (2.9%) ($275.4000 - $287.0000) on Tue. Jan. 29, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.73% (three month average) |
RSI | 43 |
Latest Price | $284.0000(2.9%) |
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 -2.6% 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) VXX(9%) UUP(8%) TLT(7%) VIXM(6%) IFRA(3%) |
Factors Impacting SQQQ price | SQQQ will decline at least -2.865% in a week (0% probabilities). QQQ(-40%) IWF(-40%) IVW(-39%) VUG(-37%) XLK(-36%) |
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 | -2.865% (StdDev 5.73%) |
Hourly BBV | 0 () |
Intraday Trend | 3% |
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