| SQQQ latest price $134.7000 (7.42%) ($130.5500 - $155.0000) on Wed. Mar. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.18% (three month average) |
RSI | 58 |
Latest Price | $134.7000(7.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 1.2% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 13.3% a week on average for past two weeks. |
Market Behavior | Broad based 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(22%) VXX(10%) TLT(5%) UUP(5%) IGOV(-0%) |
Factors Impacting SQQQ price | SQQQ will decline at least -4.59% 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 | -4.59% (StdDev 9.18%) |
Hourly BBV | 0.1 () |
Intraday Trend | -7.9% |
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