| SQQQ latest price $52.4900 (-10.87%) ($52.4900 - $52.4900) on Fri. May. 13, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.71% (three month average) |
RSI | 62 |
Latest Price | $52.4900(-10.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 1.1% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 10.6% a week on average for past two weeks. |
Market Behavior | Broad based 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(36%) UUP(28%) TBT(9%) VXX(6%) TLT(-8%) |
Factors Impacting SQQQ price | SQQQ will decline at least -3.355% 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 | -3.355% (StdDev 6.71%) |
Hourly BBV | -1.3 () |
Intraday Trend | 0% |
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