| SQQQ latest price $35.3900 (-1.83%) ($35.3900 - $35.3900) on Thu. Apr. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 55.06% (three month average) |
RSI | 45 |
Latest Price | $35.3900(-1.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 1.4% a day on average for past five trading days. |
Weekly Trend | SQQQ declines -2.5% a week on average for past two weeks. |
Market Behavior | Value stock rally 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(40%) UUP(26%) TBT(10%) VXX(7%) EDOC(6%) |
Factors Impacting SQQQ price | SQQQ will decline at least -27.53% 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 | -27.53% (StdDev 55.06%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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