| SQQQ latest price $172.6000 (1.77%) ($172.0000 - $181.2000) on Mon. May. 6, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.09% (three month average) |
RSI | 33 |
Latest Price | $172.6000(1.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 0.3% a day on average for past five trading days. |
Weekly Trend | SQQQ declines -1.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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 -1.045% in a week (0% probabilities). QQQ(-40%) IWF(-39%) IVW(-39%) XLK(-36%) VUG(-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 | -1.045% (StdDev 2.09%) |
Hourly BBV | 0 () |
Intraday Trend | -4.2% |
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