| TQQQ latest price $54.2100 (2.44%) ($52.7050 - $54.2700) on Thu. Feb. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.21% (three month average) |
RSI | 62 |
Latest Price | $54.2100(2.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 2% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 1.4% 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(41%) XLK(41%) SPLV(40%) SPY(40%) VT(40%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.105% in a week (0% probabilities). VIXM(-30%) TLT(-13%) VXX(-11%) BWX(-4%) SHY(-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 | -1.105% (StdDev 2.21%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.8% |
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