| TQQQ latest price $23.8200 (-2.78%) ($23.4292 - $25.7650) on Tue. Mar. 31, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.02% (three month average) |
RSI | 48 |
Latest Price | $23.8200(-2.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.8% a day on average for past five trading days. |
Weekly Trend | TQQQ declines -1.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) XLK(26%) VUG(25%) IWF(24%) VFMO(24%) DIA(23%) |
Factors Impacting TQQQ price | TQQQ will decline at least -5.01% in a week (0% probabilities). VIXM(-17%) UNG(-5%) VXX(-4%) UUP(-3%) TLT(-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 | -5.01% (StdDev 10.02%) |
Hourly BBV | 0.1 () |
Intraday Trend | -2% |
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