| TQQQ latest price $79.0100 (0.52%) ($75.2900 - $79.3901) on Mon. Nov. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.48% (three month average) |
RSI | 64 |
Latest Price | $79.0100(0.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.8% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 4% 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) SHY(6%) ARKG(4%) ARKK(4%) UUP(4%) ACES(3%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.74% 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 | -2.74% (StdDev 5.48%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0.2% |
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