| TQQQ latest price $49.9250 (-0.05%) ($49.4800 - $50.2550) on Tue. Jan. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.71% (three month average) |
RSI | 80 |
Latest Price | $49.9250(-0.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.6% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 5.2% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off 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 -0.855% 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 | -0.855% (StdDev 1.71%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0.8% |
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