| SQQQ latest price $23.5300 (3.84%) ($22.2700 - $26.3400) on Mon. Sep. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.58% (three month average) |
RSI | 38 |
Latest Price | $23.5300(3.84%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 1.6% a day on average for past five trading days. |
Weekly Trend | SQQQ declines -8.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) (0%) (0%) (0%) (0%) (0%) |
Factors Impacting SQQQ price | SQQQ will decline at least -2.29% in a week (0% probabilities). (0%) (0%) (0%) (0%) (0%) |
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 | -2.29% (StdDev 4.58%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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