| SQQQ latest price $45.0700 (-6.81%) ($45.0700 - $45.0700) on Wed. Sep. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.66% (three month average) |
RSI | 77 |
Latest Price | $45.0700(-6.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 0.3% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 11.5% 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) UUP(24%) VIXM(17%) TBT(13%) EDOC(10%) VXX(3%) |
Factors Impacting SQQQ price | SQQQ will decline at least -2.83% in a week (0% probabilities). QQQ(-99%) IWF(-98%) IVW(-95%) SPY(-93%) FIVG(-87%) |
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 | -2.83% (StdDev 5.66%) |
Hourly BBV | -1.3 () |
Intraday Trend | 0% |
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