| TQQQ latest price $27.7283 (2.51%) ($26.4233 - $27.7450) on Wed. May. 23, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.11% (three month average) |
RSI | 76 |
Latest Price | $27.7283(2.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.2% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 2.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) XLK(50%) IVW(48%) IWF(48%) SPY(48%) VUG(48%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.055% in a week (0% probabilities). UUP(-29%) TLT(-16%) VIXM(-15%) VXX(-13%) 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 | -2.055% (StdDev 4.11%) |
Hourly BBV | 0 () |
Intraday Trend | 4.8% |
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