| SQQQ latest price $268.4000 (2.68%) ($259.0000 - $270.0000) on Thu. Jun. 21, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.79% (three month average) |
RSI | 34 |
Latest Price | $268.4000(2.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 0.5% a day on average for past five trading days. |
Weekly Trend | SQQQ declines -2% 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) VXX(10%) TLT(8%) VIXM(8%) UUP(7%) DIA(1%) |
Factors Impacting SQQQ price | SQQQ will decline at least -1.895% in a week (0% probabilities). QQQ(-41%) IWF(-41%) IVW(-41%) VUG(-38%) XLK(-37%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.895% (StdDev 3.79%) |
Hourly BBV | 0 () |
Intraday Trend | 3.4% |
| |
|
|