| SQQQ latest price $153.8000 (2.36%) ($147.9700 - $154.0000) on Tue. Oct. 22, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.61% (three month average) |
RSI | 31 |
Latest Price | $153.8000(2.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 0.5% a day on average for past five trading days. |
Weekly Trend | SQQQ declines -4.9% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Value stock rally 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 -1.805% 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 | -1.805% (StdDev 3.61%) |
Hourly BBV | 0 () |
Intraday Trend | 3.4% |
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