| TQQQ latest price $50.5700 (3.57%) ($48.6200 - $51.2350) on Wed. Jul. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.33% (three month average) |
RSI | 73 |
Latest Price | $50.5700(3.57%) |
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 3.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) VUG(13%) XLK(13%) IWF(12%) ARKG(11%) ARKK(11%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.665% in a week (0% probabilities). UNG(-7%) VIXM(-5%) XOP(-3%) XLE(-3%) OIH(-3%) |
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 | -2.665% (StdDev 5.33%) |
Hourly BBV | 1.6 () |
Intraday Trend | 3.4% |
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