| SQQQ latest price $115.6000 (-28.35%) ($115.0000 - $159.0000) on Fri. Mar. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.8% (three month average) |
RSI | 60 |
Latest Price | $115.6000(-28.35%) |
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 10.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) VIXM(22%) VXX(10%) TLT(6%) UUP(4%) IGOV(-0%) |
Factors Impacting SQQQ price | SQQQ will decline at least -3.9% in a week (0% probabilities). QQQ(-38%) IWF(-38%) IVW(-38%) VUG(-35%) XLK(-34%) |
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 | -3.9% (StdDev 7.8%) |
Hourly BBV | -1.1 () |
Intraday Trend | -14.5% |
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