| TQQQ latest price $56.9200 (-1.9%) ($56.9200 - $56.9200) on Fri. Apr. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.8% (three month average) |
RSI | 80 |
Latest Price | $56.9200(-1.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.2% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 11.8% 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) VUG(98%) XLK(97%) VT(91%) XLY(91%) XLC(89%) |
Factors Impacting TQQQ price | TQQQ will decline at least -4.4% in a week (0% probabilities). VIXM(-64%) UUP(-38%) VXX(-17%) TBT(-12%) EDOC(-3%) |
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 | -4.4% (StdDev 8.8%) |
Hourly BBV | -1.4 () |
Intraday Trend | 0% |
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