| TQQQ latest price $33.9250 (3.19%) ($33.6050 - $35.1125) on Tue. May. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.92% (three month average) |
RSI | 58 |
Latest Price | $33.9250(3.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.5% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 3.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) XLK(17%) VUG(16%) IWF(15%) VFMO(15%) ARKK(14%) |
Factors Impacting TQQQ price | TQQQ will decline at least -5.46% in a week (0% probabilities). VIXM(-10%) UNG(-6%) VXX(-2%) UUP(-1%) TLT(-0%) |
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 | -5.46% (StdDev 10.92%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.2% |
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