| SQQQ latest price $44.4950 (2.46%) ($44.4950 - $44.4950) on Tue. Feb. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 54.91% (three month average) |
RSI | 65 |
Latest Price | $44.4950(2.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 1.5% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 4.6% 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(44%) UUP(27%) VXX(9%) TBT(8%) EDOC(-2%) |
Factors Impacting SQQQ price | SQQQ will decline at least -27.455% in a week (0% probabilities). QQQ(-99%) IWF(-98%) IVW(-97%) SPY(-94%) FIVG(-90%) |
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 | -27.455% (StdDev 54.91%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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