| SQQQ latest price $293.8000 (7.3%) ($278.8000 - $306.4000) on Fri. Oct. 26, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.89% (three month average) |
RSI | 63 |
Latest Price | $293.8000(7.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 1.8% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 3.2% 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%) UUP(8%) VIXM(7%) DIA(2%) |
Factors Impacting SQQQ price | SQQQ will decline at least -1.945% 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 | -1.945% (StdDev 3.89%) |
Hourly BBV | 0 () |
Intraday Trend | -2.5% |
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