| SQQQ latest price $6.0350 (-6.58%) ($6.0350 - $6.0350) on Mon. Nov. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.94% (three month average) |
RSI | 48 |
Latest Price | $6.0350(-6.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 0.3% a day on average for past five trading days. |
Weekly Trend | SQQQ declines -1.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal 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 -1.47% in a week (0% probabilities). QQQ(-31%) IWF(-31%) IVW(-31%) SPY(-28%) SKYY(-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 | -1.47% (StdDev 2.94%) |
Hourly BBV | -1.6 () |
Intraday Trend | 0% |
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