| TQQQ latest price $46.9700 (2.23%) ($45.3695 - $47.4900) on Tue. Jun. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.78% (three month average) |
RSI | 81 |
Latest Price | $46.9700(2.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.9% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 6.8% 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(15%) IWF(14%) VUG(14%) QQQ(13%) VFMO(13%) |
Factors Impacting TQQQ price | TQQQ will decline at least -4.89% in a week (0% probabilities). VIXM(-8%) UNG(-7%) IGOV(-2%) XOP(-1%) XLE(-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 | -4.89% (StdDev 9.78%) |
Hourly BBV | 1.6 () |
Intraday Trend | 3.4% |
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