| SQQQ latest price $6.4300 (-1.3%) ($6.4300 - $6.4300) on Thu. Dec. 2, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.03% (three month average) |
RSI | 47 |
Latest Price | $6.4300(-1.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 0.8% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 0.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based 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 -1.515% 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. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -1.515% (StdDev 3.03%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
| |
|
|