| SQQQ latest price $40.1550 (-2.77%) ($40.1550 - $40.1550) on Mon. Mar. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.45% (three month average) |
RSI | 54 |
Latest Price | $40.1550(-2.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 1.8% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 0.5% a week on average for past two weeks. |
Market Behavior | Value stocks 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(54%) UUP(22%) VXX(20%) TBT(12%) SHY(7%) |
Factors Impacting SQQQ price | SQQQ will decline at least -2.225% 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 | -2.225% (StdDev 4.45%) |
Hourly BBV | 0.1 () |
Intraday Trend | 0% |
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