| SQQQ latest price $1149.6000 (0.91%) ($1134.4000 - $1161.6000) on Tue. Aug. 30, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.52% (three month average) |
RSI | 48 |
Latest Price | $1149.6000(0.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 0.5% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 0.6% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) VIXM(11%) TLT(7%) UUP(7%) IPO(1%) IBUY(-0%) |
Factors Impacting SQQQ price | SQQQ will decline at least -1.26% in a week (0% probabilities). QQQ(-43%) IWF(-42%) IVW(-42%) 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 | -1.26% (StdDev 2.52%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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