| SQQQ latest price $133.3000 (20.69%) ($121.6500 - $135.1500) on Mon. Mar. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.37% (three month average) |
RSI | 73 |
Latest Price | $133.3000(20.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 6.3% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 12.5% 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) VIXM(22%) VXX(10%) TLT(6%) UUP(4%) IGOV(-0%) |
Factors Impacting SQQQ price | SQQQ will decline at least -2.685% in a week (0% probabilities). QQQ(-39%) IWF(-38%) IVW(-38%) VUG(-35%) SPY(-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 | -2.685% (StdDev 5.37%) |
Hourly BBV | 1.3 () |
Intraday Trend | -0.3% |
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