| TQQQ latest price $24.5850 (-4.8%) ($24.3167 - $25.6665) on Fri. Apr. 20, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.83% (three month average) |
RSI | 64 |
Latest Price | $24.5850(-4.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.3% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 5.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) XLK(51%) IVW(48%) IWF(48%) SPY(48%) VUG(48%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.415% in a week (0% probabilities). UUP(-29%) TLT(-16%) VIXM(-15%) VXX(-8%) BWX(-4%) |
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 | -2.415% (StdDev 4.83%) |
Hourly BBV | 0 () |
Intraday Trend | -4.1% |
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