| SQQQ latest price $6.7100 (-0.3%) ($6.7100 - $6.7100) on Mon. Jan. 10, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.56% (three month average) |
RSI | 45 |
Latest Price | $6.7100(-0.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 3% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 3.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) VIXM(16%) UUP(6%) VXX(4%) TLT(2%) TBT(-1%) |
Factors Impacting SQQQ price | SQQQ will decline at least -1.78% 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 | -1.78% (StdDev 3.56%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
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