| SQQQ latest price $369.2000 (-0.38%) ($365.0000 - $385.0000) on Wed. Apr. 25, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.85% (three month average) |
RSI | 52 |
Latest Price | $369.2000(-0.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 2.8% a day on average for past five trading days. |
Weekly Trend | SQQQ declines -1.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) VIXM(8%) TLT(7%) UUP(7%) DIA(1%) GDXJ(0%) |
Factors Impacting SQQQ price | SQQQ will decline at least -2.425% in a week (0% probabilities). QQQ(-41%) IWF(-41%) IVW(-41%) XLK(-38%) VUG(-38%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.425% (StdDev 4.85%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
| |
|
|