| SQQQ latest price $180.5500 (4.3%) ($171.9500 - $181.4500) on Tue. Jun. 25, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.03% (three month average) |
RSI | 23 |
Latest Price | $180.5500(4.3%) |
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 -6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) VIXM(23%) VXX(11%) TLT(7%) UUP(4%) IFRA(3%) |
Factors Impacting SQQQ price | SQQQ will decline at least -1.515% in a week (0% probabilities). QQQ(-39%) IWF(-39%) IVW(-39%) VUG(-36%) SPY(-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 | -1.515% (StdDev 3.03%) |
Hourly BBV | 0 () |
Intraday Trend | 4.8% |
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