| TQQQ latest price $95.1400 (3.88%) ($91.7000 - $95.4400) on Fri. Jan. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.01% (three month average) |
RSI | 62 |
Latest Price | $95.1400(3.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 1.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) EDOC(11%) SHY(7%) UUP(5%) ARKG(4%) ARKK(3%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.005% in a week (0% probabilities). UNG(-8%) XLE(-7%) IGOV(-7%) XOP(-6%) 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 | -2.005% (StdDev 4.01%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.6% |
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