| SQQQ latest price $33.9600 (434.8%) ($33.9600 - $34.0000) on Thu. Jan. 13, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 54.09% (three month average) |
RSI | 97 |
Latest Price | $33.9600(434.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 83.8% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 56.8% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth 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 -27.045% 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 | (options are extremely cheap) |
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Market Trend Strength | -27.045% (StdDev 54.09%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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