| TQQQ latest price $19.7450 (3.19%) ($19.0650 - $20.0750) on Mon. Jan. 7, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.41% (three month average) |
RSI | 45 |
Latest Price | $19.7450(3.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.8% a day on average for past five trading days. |
Weekly Trend | TQQQ declines -2.4% 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(46%) IWF(44%) SPY(44%) VT(44%) VUG(44%) |
Factors Impacting TQQQ price | TQQQ will decline at least -3.205% in a week (0% probabilities). UUP(-32%) TLT(-15%) VXX(-12%) VIXM(-10%) 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 | -3.205% (StdDev 6.41%) |
Hourly BBV | 0 () |
Intraday Trend | 2.7% |
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