| SQQQ latest price $39.1050 (-2.6%) ($39.1050 - $39.1050) on Thu. Mar. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.41% (three month average) |
RSI | 60 |
Latest Price | $39.1050(-2.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 0.6% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 5.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) VIXM(56%) UUP(23%) VXX(20%) TBT(16%) EDOC(9%) |
Factors Impacting SQQQ price | SQQQ will decline at least -2.205% 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 | -2.205% (StdDev 4.41%) |
Hourly BBV | -0.5 () |
Intraday Trend | 0% |
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