| TQQQ latest price $29.9200 (3.03%) ($29.5300 - $30.3050) on Wed. Oct. 9, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.53% (three month average) |
RSI | 39 |
Latest Price | $29.9200(3.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.9% a day on average for past five trading days. |
Weekly Trend | TQQQ declines -2.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) DIA(42%) XLK(42%) SPY(41%) IVW(40%) IWF(40%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.765% in a week (0% probabilities). VIXM(-31%) TLT(-13%) VXX(-12%) BWX(-4%) UNG(-1%) |
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 | -1.765% (StdDev 3.53%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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