| SQQQ latest price $34.3600 (-2.55%) ($34.0200 - $36.3900) on Tue. Feb. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.55% (three month average) |
RSI | 35 |
Latest Price | $34.3600(-2.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 0.6% a day on average for past five trading days. |
Weekly Trend | SQQQ declines -5.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) VIXM(57%) UUP(23%) VXX(20%) TBT(16%) GLD(3%) |
Factors Impacting SQQQ price | SQQQ will decline at least -2.275% in a week (0% probabilities). QQQ(-99%) VUG(-98%) IWF(-97%) XLK(-95%) IVW(-94%) |
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 | -2.275% (StdDev 4.55%) |
Hourly BBV | 0 () |
Intraday Trend | -3.8% |
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