| SQQQ latest price $271.0000 (0.97%) ($265.4200 - $273.2000) on Fri. Jun. 22, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.67% (three month average) |
RSI | 43 |
Latest Price | $271.0000(0.97%) |
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 -1.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Growth stock 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 -1.835% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.835% (StdDev 3.67%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
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