| SQQQ latest price $100.3500 (-14.23%) ($100.2000 - $118.5000) on Mon. Mar. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.02% (three month average) |
RSI | 65 |
Latest Price | $100.3500(-14.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 0.6% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 15.5% 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(23%) VXX(11%) TLT(6%) UUP(4%) SHY(1%) |
Factors Impacting SQQQ price | SQQQ will decline at least -2.01% in a week (0% probabilities). QQQ(-39%) IWF(-39%) IVW(-38%) XLK(-35%) VUG(-35%) |
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 | -2.01% (StdDev 4.02%) |
Hourly BBV | -1.6 () |
Intraday Trend | -11.6% |
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