| SQQQ latest price $206.4000 (10.37%) ($198.2000 - $207.9100) on Mon. May. 13, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.53% (three month average) |
RSI | 78 |
Latest Price | $206.4000(10.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 3.7% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 5.5% 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(12%) TLT(7%) VIXM(6%) UUP(4%) IFRA(3%) |
Factors Impacting SQQQ price | SQQQ will decline at least -1.265% 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 | -1.265% (StdDev 2.53%) |
Hourly BBV | 0 () |
Intraday Trend | 2.7% |
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