| TQQQ latest price $34.6200 (1.41%) ($33.7350 - $34.7900) on Wed. Oct. 30, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.59% (three month average) |
RSI | 72 |
Latest Price | $34.6200(1.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.4% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 3.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off 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 -1.795% in a week (0% probabilities). VIXM(-30%) 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 | -1.795% (StdDev 3.59%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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