| TQQQ latest price $28.0050 (2.13%) ($27.5251 - $28.1400) on Wed. May. 30, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.02% (three month average) |
RSI | 59 |
Latest Price | $28.0050(2.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.7% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 0.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -2.01% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.01% (StdDev 4.02%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
| |
|
|