| TQQQ latest price $40.5000 (5.85%) ($39.6050 - $40.7550) on Wed. May. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.93% (three month average) |
RSI | 63 |
Latest Price | $40.5000(5.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 3.2% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 6.1% 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(16%) VUG(15%) IWF(14%) VFMO(14%) ARKG(13%) |
Factors Impacting TQQQ price | TQQQ will decline at least -5.465% in a week (0% probabilities). VIXM(-9%) UNG(-6%) VXX(-2%) IGOV(-2%) XOP(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 | -5.465% (StdDev 10.93%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.3% |
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