| SQQQ latest price $13.7850 (-2.34%) ($13.7850 - $13.7850) on Thu. Jan. 28, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.78% (three month average) |
RSI | 41 |
Latest Price | $13.7850(-2.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 0.8% a day on average for past five trading days. |
Weekly Trend | SQQQ declines -4.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) VIXM(18%) UUP(7%) VXX(6%) IGOV(3%) TLT(1%) |
Factors Impacting SQQQ price | SQQQ will decline at least -1.89% in a week (0% probabilities). QQQ(-33%) IWF(-33%) IVW(-33%) SPY(-29%) SKYY(-29%) |
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 | -1.89% (StdDev 3.78%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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