| SQQQ latest price $19.1650 (-0.03%) ($19.1650 - $19.1650) on Thu. Aug. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.13% (three month average) |
RSI | 60 |
Latest Price | $19.1650(-0.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 1% a day on average for past five trading days. |
Weekly Trend | SQQQ advances 2.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) VXX(71%) VIXM(66%) UUP(29%) TBT(28%) USO(7%) |
Factors Impacting SQQQ price | SQQQ will decline at least -1.565% in a week (0% probabilities). QQQ(-99%) VUG(-97%) IWF(-97%) XLK(-95%) IVW(-95%) |
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 | -1.565% (StdDev 3.13%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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