| TQQQ latest price $47.8800 (0.06%) ($47.4100 - $48.5650) on Wed. Jan. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 72 |
Latest Price | $47.8800(0.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.8% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 4.8% 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) DIA(41%) XLK(41%) SPLV(40%) SPY(40%) VT(40%) |
Factors Impacting TQQQ price | TQQQ will decline at least -0.875% in a week (0% probabilities). VIXM(-30%) TLT(-13%) VXX(-11%) BWX(-4%) UNG(-2%) |
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 | -0.875% (StdDev 1.75%) |
Hourly BBV | -1.3 () |
Intraday Trend | -0% |
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