| TQQQ latest price $28.3150 (-6.94%) ($27.9050 - $30.0650) on Thu. Oct. 18, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.25% (three month average) |
RSI | 31 |
Latest Price | $28.3150(-6.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.1% a day on average for past five trading days. |
Weekly Trend | TQQQ declines -8.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) XLK(50%) SPY(48%) IVW(47%) IWF(47%) VT(47%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.625% in a week (0% probabilities). UUP(-30%) TLT(-16%) VIXM(-14%) 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 | -1.625% (StdDev 3.25%) |
Hourly BBV | 0 () |
Intraday Trend | -5.7% |
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