| TQQQ latest price $28.7350 (9.2%) ($27.0850 - $28.7800) on Wed. Nov. 7, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.22% (three month average) |
RSI | 51 |
Latest Price | $28.7350(9.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 2% a day on average for past five trading days. |
Weekly Trend | TQQQ declines -0.9% 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(48%) SPY(47%) IVW(46%) IWF(46%) VT(46%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.11% in a week (0% probabilities). UUP(-31%) TLT(-16%) VXX(-12%) VIXM(-12%) 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 | -2.11% (StdDev 4.22%) |
Hourly BBV | 0 () |
Intraday Trend | 5.4% |
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