| SQQQ latest price $43.1800 (-10.23%) ($43.0200 - $43.1800) on Thu. Feb. 24, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 54.95% (three month average) |
RSI | 56 |
Latest Price | $43.1800(-10.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 2.2% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 8.1% a week on average for past two weeks. |
Market Behavior | Growth stock 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(44%) UUP(27%) VXX(9%) TBT(8%) EDOC(-2%) |
Factors Impacting SQQQ price | SQQQ will decline at least -27.475% in a week (0% probabilities). QQQ(-99%) IWF(-98%) IVW(-97%) SPY(-94%) FIVG(-90%) |
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 | -27.475% (StdDev 54.95%) |
Hourly BBV | -0.9 () |
Intraday Trend | 0% |
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