| TQQQ latest price $31.3900 (-5.41%) ($31.3050 - $34.1150) on Tue. Apr. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.75% (three month average) |
RSI | 68 |
Latest Price | $31.3900(-5.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.7% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) XLK(18%) VUG(17%) IWF(16%) VFMO(16%) IVW(15%) |
Factors Impacting TQQQ price | TQQQ will decline at least -5.375% in a week (0% probabilities). VIXM(-11%) 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 | -5.375% (StdDev 10.75%) |
Hourly BBV | -0.7 () |
Intraday Trend | -8% |
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