| SQQQ latest price $49.3200 (1.84%) ($49.3200 - $49.3200) on Fri. May. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.44% (three month average) |
RSI | 62 |
Latest Price | $49.3200(1.84%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 0.1% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 6.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) VIXM(37%) UUP(26%) TBT(9%) VXX(6%) UNG(-7%) |
Factors Impacting SQQQ price | SQQQ will decline at least -3.22% 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 | -3.22% (StdDev 6.44%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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