| TQQQ latest price $30.8950 (-3.32%) ($29.8305 - $31.6950) on Wed. Apr. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.67% (three month average) |
RSI | 69 |
Latest Price | $30.8950(-3.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 3.8% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 13.4% 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) XLK(21%) VUG(20%) IWF(19%) VFMO(19%) IVW(18%) |
Factors Impacting TQQQ price | TQQQ will decline at least -5.335% in a week (0% probabilities). VIXM(-12%) UNG(-6%) VXX(-3%) UUP(-1%) TLT(-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 | -5.335% (StdDev 10.67%) |
Hourly BBV | 0.6 () |
Intraday Trend | 1.4% |
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