| TQQQ latest price $34.8850 (0.66%) ($33.9752 - $35.2345) on Thu. Apr. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.83% (three month average) |
RSI | 69 |
Latest Price | $34.8850(0.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 2.3% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 5.1% a week on average for past two weeks. |
Market Behavior | Value stocks 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(18%) VUG(17%) IWF(16%) VFMO(16%) IVW(15%) |
Factors Impacting TQQQ price | TQQQ will decline at least -5.415% 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 | -5.415% (StdDev 10.83%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0.9% |
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