| SQQQ latest price $207.0000 (0.29%) ($201.1800 - $207.7500) on Fri. May. 24, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.75% (three month average) |
RSI | 72 |
Latest Price | $207.0000(0.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 1.6% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 4.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) VXX(12%) TLT(7%) VIXM(5%) UUP(4%) IFRA(3%) |
Factors Impacting SQQQ price | SQQQ will decline at least -1.375% 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 | -1.375% (StdDev 2.75%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
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