| TQQQ latest price $90.1950 (-0.02%) ($89.6350 - $91.5000) on Wed. Dec. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.16% (three month average) |
RSI | 81 |
Latest Price | $90.1950(-0.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.6% 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 stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) EDOC(11%) SHY(6%) UUP(5%) ARKG(4%) ARKK(3%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.08% in a week (0% probabilities). UNG(-8%) XOP(-7%) XLE(-7%) IGOV(-7%) OIH(-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 | -2.08% (StdDev 4.16%) |
Hourly BBV | -0.3 () |
Intraday Trend | -1.1% |
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