| SQQQ latest price $63.6300 (5.61%) ($63.6300 - $63.6300) on Tue. Oct. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.33% (three month average) |
RSI | 67 |
Latest Price | $63.6300(5.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 4.2% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 2.3% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) UUP(19%) TBT(11%) VIXM(11%) VXX(3%) UNG(-6%) |
Factors Impacting SQQQ price | SQQQ will decline at least -2.665% in a week (0% probabilities). QQQ(-99%) IWF(-98%) IVW(-95%) SPY(-92%) FIVG(-87%) |
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 | -2.665% (StdDev 5.33%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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