| SQQQ latest price $161.1000 (1.1%) ($159.6600 - $164.7500) on Thu. Sep. 26, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.4% (three month average) |
RSI | 55 |
Latest Price | $161.1000(1.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 0.8% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 1.5% a week on average for past two weeks. |
Market Behavior | Value stocks 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) VIXM(23%) VXX(11%) TLT(6%) UUP(4%) IGOV(-3%) |
Factors Impacting SQQQ price | SQQQ will decline at least -1.7% in a week (0% probabilities). QQQ(-39%) IWF(-39%) IVW(-39%) VUG(-36%) XLK(-35%) |
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 | -1.7% (StdDev 3.4%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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