| SQQQ latest price $8.6800 (2.12%) ($8.6800 - $8.6800) on Tue. Oct. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.7% (three month average) |
RSI | 59 |
Latest Price | $8.6800(2.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 0.2% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 2.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) VIXM(17%) UUP(6%) VXX(5%) TLT(2%) BNDX(-2%) |
Factors Impacting SQQQ price | SQQQ will decline at least -1.35% in a week (0% probabilities). IWF(-32%) IVW(-32%) QQQ(-31%) SPY(-28%) VUG(-27%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -1.35% (StdDev 2.7%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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