| SQQQ latest price $6.5150 (2.76%) ($6.5150 - $6.5150) on Wed. Dec. 1, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.03% (three month average) |
RSI | 46 |
Latest Price | $6.5150(2.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 1% a day on average for past five trading days. |
Weekly Trend | SQQQ declines -0.4% 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(17%) UUP(6%) VXX(5%) TLT(2%) BNDX(-2%) |
Factors Impacting SQQQ price | SQQQ will decline at least -1.515% 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 | -1.515% (StdDev 3.03%) |
Hourly BBV | 2.3 () |
Intraday Trend | 0% |
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