| SQQQ latest price $2205.6000 (0.18%) ($2158.4000 - $2304.0000) on Thu. Feb. 11, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.32% (three month average) |
RSI | 69 |
Latest Price | $2205.6000(0.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 2.8% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 8.5% 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(12%) TLT(8%) UUP(7%) GDXJ(-0%) IPO(0%) |
Factors Impacting SQQQ price | SQQQ will decline at least -2.16% in a week (0% probabilities). QQQ(-43%) IWF(-43%) IVW(-43%) VUG(-40%) XLK(-39%) |
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 | -2.16% (StdDev 4.32%) |
Hourly BBV | 0 () |
Intraday Trend | -3.6% |
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