| TQQQ latest price $111.0050 (1.22%) ($111.0050 - $111.0050) on Mon. Apr. 26, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.38% (three month average) |
RSI | 65 |
Latest Price | $111.0050(1.22%) |
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 1.5% a week on average for past two weeks. |
Market Behavior | Growth 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) VUG(92%) XLK(90%) VT(84%) XLY(83%) XLC(81%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.19% in a week (0% probabilities). VIXM(-63%) UUP(-32%) VXX(-21%) TBT(-5%) IGOV(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.19% (StdDev 4.38%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
| |
|
|