| SQQQ latest price $16.0350 (0.82%) ($16.0350 - $16.0350) on Thu. Nov. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.05% (three month average) |
RSI | 19 |
Latest Price | $16.0350(0.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SQQQ advances 0.3% a day on average for past five trading days. |
Weekly Trend | SQQQ declines -3.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SQQQ advance at 0% a week (0% probability) UUP(37%) VIXM(33%) EDOC(18%) VXX(10%) XLE(5%) |
Factors Impacting SQQQ price | SQQQ will decline at least -1.525% in a week (0% probabilities). SPY(-96%) VUG(-91%) XLK(-90%) IWF(-90%) XLC(-75%) |
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 | -1.525% (StdDev 3.05%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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