Momentum Indicator for SQQQ turns negative, indicating new downward trend
SQQQ saw its Momentum Indicator move below the 0 level on February 10, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 74 similar instances where the indicator turned negative. In of the 74 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for SQQQ turned negative on February 05, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 41 similar instances when the indicator turned negative. In of the 41 cases the stock turned lower in the days that followed. This puts the odds of success at .
SQQQ moved below its 50-day moving average on January 28, 2025 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SQQQ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for SQQQ entered a downward trend on February 20, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 9 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SQQQ advanced for three days, in of 238 cases, the price rose further within the following month. The odds of a continued upward trend are .
SQQQ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
General Information
Category Trading
SQQQ and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SQQQ has been closely correlated with BERZ. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if SQQQ jumps, then BERZ could also see price increases.
| Ticker / NAME | Correlation To SQQQ | 1D Price Change % | ||
|---|---|---|---|---|
| SQQQ | 100% | +1.36% | ||
| BERZ - SQQQ | 96% Closely correlated | +3.08% | ||
| TECS - SQQQ | 96% Closely correlated | +1.04% | ||
| REW - SQQQ | 96% Closely correlated | +0.96% | ||
| FNGD - SQQQ | 95% Closely correlated | +3.05% | ||
| SPXS - SQQQ | 94% Closely correlated | +1.26% | ||
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