| SQQQ latest price $1480.8000 (3.12%) ($1446.8000 - $1508.0000) on Mon. Nov. 9, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.18% (three month average) |
RSI | 23 |
Latest Price | $1480.8000(3.12%) |
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 -5.9% a week on average for past two weeks. |
Market Behavior | Broad based 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(13%) TLT(8%) UUP(6%) GDXJ(-0%) SHY(-0%) |
Factors Impacting SQQQ price | SQQQ will decline at least -2.09% in a week (0% probabilities). QQQ(-44%) IWF(-43%) IVW(-43%) VUG(-41%) XLK(-40%) |
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 | -2.09% (StdDev 4.18%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
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