| SQQQ latest price $384.8000 (-3.12%) ($379.7200 - $406.4000) on Tue. Apr. 3, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.54% (three month average) |
RSI | 70 |
Latest Price | $384.8000(-3.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 2.3% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 10.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) VIXM(9%) TLT(8%) UUP(8%) DIA(0%) GDXJ(0%) |
Factors Impacting SQQQ price | SQQQ will decline at least -2.27% in a week (0% probabilities). QQQ(-42%) IWF(-41%) 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 | -2.27% (StdDev 4.54%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
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