| SQQQ latest price $18.0300 (0.95%) ($18.0300 - $18.0300) on Fri. Jul. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.23% (three month average) |
RSI | 42 |
Latest Price | $18.0300(0.95%) |
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 -4.8% 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) VXX(67%) VIXM(63%) UUP(32%) TBT(30%) USO(4%) |
Factors Impacting SQQQ price | SQQQ will decline at least -1.615% in a week (0% probabilities). QQQ(-99%) VUG(-97%) IWF(-97%) XLK(-94%) 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 | -1.615% (StdDev 3.23%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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