| SQQQ latest price $14.2950 (-2.39%) ($14.2950 - $14.2950) on Fri. Feb. 26, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.36% (three month average) |
RSI | 69 |
Latest Price | $14.2950(-2.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 2.5% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 6.7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) VIXM(18%) UUP(7%) VXX(6%) IGOV(1%) TLT(1%) |
Factors Impacting SQQQ price | SQQQ will decline at least -1.68% in a week (0% probabilities). IWF(-33%) IVW(-33%) QQQ(-32%) SPY(-29%) VUG(-28%) |
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 | -1.68% (StdDev 3.36%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
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