| SQQQ latest price $33.6000 (1.45%) ($33.6000 - $33.6000) on Tue. Mar. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.2% (three month average) |
RSI | 40 |
Latest Price | $33.6000(1.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 0.5% a day on average for past five trading days. |
Weekly Trend | SQQQ declines -8.2% 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) VXX(62%) VIXM(57%) UUP(24%) TBT(18%) GLD(4%) |
Factors Impacting SQQQ price | SQQQ will decline at least -2.1% in a week (0% probabilities). QQQ(-99%) VUG(-98%) IWF(-97%) XLK(-94%) 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 | -2.1% (StdDev 4.2%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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