| TQQQ latest price $53.5100 (-1.29%) ($53.0600 - $54.4050) on Fri. Feb. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.22% (three month average) |
RSI | 59 |
Latest Price | $53.5100(-1.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 2.6% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 2.8% a week on average for past two weeks. |
Market Behavior | Broad based 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 -1.11% in a week (0% probabilities). VIXM(-30%) TLT(-13%) VXX(-11%) BWX(-4%) IGOV(-3%) |
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 | -1.11% (StdDev 2.22%) |
Hourly BBV | 0.1 () |
Intraday Trend | 0% |
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