| TQQQ latest price $86.3550 (1.68%) ($84.4900 - $87.1250) on Wed. Dec. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.54% (three month average) |
RSI | 74 |
Latest Price | $86.3550(1.68%) |
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 1.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) SHY(6%) UUP(5%) ARKG(4%) ACES(3%) ARKK(3%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.27% in a week (0% probabilities). UNG(-8%) XOP(-7%) XLE(-7%) OIH(-6%) EWJ(-6%) |
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 | -2.27% (StdDev 4.54%) |
Hourly BBV | 2 () |
Intraday Trend | 1.1% |
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