| TQQQ latest price $78.6050 (2.73%) ($77.7650 - $79.5350) on Fri. Nov. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.49% (three month average) |
RSI | 53 |
Latest Price | $78.6050(2.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.3% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 2.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) EDOC(7%) SHY(6%) ARKG(4%) ARKK(4%) UUP(4%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.745% in a week (0% probabilities). UNG(-8%) XOP(-6%) XLE(-6%) EWJ(-6%) OIH(-5%) |
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 | -2.745% (StdDev 5.49%) |
Hourly BBV | -2.4 () |
Intraday Trend | 0.7% |
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