| TQQQ latest price $25.6500 (20.93%) ($23.1821 - $26.0950) on Mon. Apr. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.42% (three month average) |
RSI | 59 |
Latest Price | $25.6500(20.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 7.5% 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(22%) IWF(21%) VUG(21%) IVW(20%) VFMO(20%) |
Factors Impacting TQQQ price | TQQQ will decline at least -5.21% in a week (0% probabilities). VIXM(-13%) UNG(-5%) VXX(-4%) TLT(-2%) UUP(-1%) |
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 | -5.21% (StdDev 10.42%) |
Hourly BBV | 2 () |
Intraday Trend | 8.9% |
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