| SQQQ latest price $36.8500 (2.09%) ($36.8500 - $36.8500) on Fri. Feb. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.57% (three month average) |
RSI | 40 |
Latest Price | $36.8500(2.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 1.3% a day on average for past five trading days. |
Weekly Trend | SQQQ declines -7% 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) VIXM(56%) UUP(24%) VXX(19%) TBT(17%) GLD(2%) |
Factors Impacting SQQQ price | SQQQ will decline at least -2.285% in a week (0% probabilities). QQQ(-99%) VUG(-98%) IWF(-97%) XLK(-95%) IVW(-93%) |
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 | -2.285% (StdDev 4.57%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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