| TQQQ latest price $26.8100 (-5.08%) ($26.1450 - $27.6400) on Fri. Nov. 9, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.26% (three month average) |
RSI | 47 |
Latest Price | $26.8100(-5.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.6% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 1.4% 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(48%) SPY(47%) IVW(46%) IWF(46%) VT(46%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.13% 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 | -2.13% (StdDev 4.26%) |
Hourly BBV | 0 () |
Intraday Trend | -2.4% |
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