| TQQQ latest price $50.4800 (0.66%) ($50.4800 - $50.4800) on Fri. Dec. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.97% (three month average) |
RSI | 78 |
Latest Price | $50.4800(0.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.5% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 6.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) IWF(99%) XLK(97%) VUG(98%) INDA(87%) XLP(86%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.485% in a week (0% probabilities). VIXM(-67%) VXX(-58%) UUP(-36%) TIP(-7%) TLT(7%) |
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 | -1.485% (StdDev 2.97%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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