| TQQQ latest price $21.7800 (22.29%) ($20.0650 - $21.8700) on Tue. Mar. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.7% (three month average) |
RSI | 38 |
Latest Price | $21.7800(22.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.1% a day on average for past five trading days. |
Weekly Trend | TQQQ declines -29.1% 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) XLK(32%) DIA(31%) SPLV(31%) IVW(30%) IWF(30%) |
Factors Impacting TQQQ price | TQQQ will decline at least -4.85% in a week (0% probabilities). VIXM(-23%) TLT(-9%) VXX(-7%) UNG(-3%) BWX(-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 | -4.85% (StdDev 9.7%) |
Hourly BBV | 1.4 () |
Intraday Trend | 5.7% |
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