| TQQQ latest price $40.5450 (-8.77%) ($39.5450 - $43.3800) on Thu. Mar. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.58% (three month average) |
RSI | 34 |
Latest Price | $40.5450(-8.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.3% a day on average for past five trading days. |
Weekly Trend | TQQQ declines -15.4% 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%) SPLV(40%) SPY(40%) XLK(40%) IWF(39%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.29% in a week (0% probabilities). VIXM(-29%) TLT(-12%) VXX(-11%) BWX(-3%) 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 | -2.29% (StdDev 4.58%) |
Hourly BBV | -1.2 () |
Intraday Trend | -1.4% |
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