| SQQQ latest price $46.3000 (-1.61%) ($46.3000 - $46.3000) on Wed. Sep. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.61% (three month average) |
RSI | 65 |
Latest Price | $46.3000(-1.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 0.6% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 2.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) UUP(24%) VIXM(17%) TBT(13%) VXX(4%) EDOC(-5%) |
Factors Impacting SQQQ price | SQQQ will decline at least -2.805% 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 | -2.805% (StdDev 5.61%) |
Hourly BBV | 1 () |
Intraday Trend | 0% |
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