| SQQQ latest price $310.8000 (0.71%) ($304.6000 - $311.4000) on Fri. Mar. 16, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.62% (three month average) |
RSI | 49 |
Latest Price | $310.8000(0.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 0.7% a day on average for past five trading days. |
Weekly Trend | SQQQ declines -4.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) VIXM(9%) TLT(8%) UUP(7%) DIA(-0%) GDXJ(0%) |
Factors Impacting SQQQ price | SQQQ will decline at least -1.81% in a week (0% probabilities). QQQ(-42%) IWF(-42%) IVW(-41%) VUG(-39%) XLK(-38%) |
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 | -1.81% (StdDev 3.62%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
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