| TQQQ latest price $22.3800 (3.56%) ($21.9100 - $22.5850) on Fri. Jan. 25, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.71% (three month average) |
RSI | 74 |
Latest Price | $22.3800(3.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.5% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 3.8% 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(45%) DIA(44%) SPY(44%) IVW(43%) IWF(43%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.855% in a week (0% probabilities). UUP(-32%) TLT(-15%) VXX(-11%) VIXM(-9%) 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 | -2.855% (StdDev 5.71%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
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