| TQQQ latest price $21.0600 (-6.44%) ($21.0600 - $21.0600) on Wed. Oct. 26, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.68% (three month average) |
RSI | 47 |
Latest Price | $21.0600(-6.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.6% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 4.6% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) VUG(98%) XLK(96%) VT(87%) XLC(86%) XLY(86%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.84% in a week (0% probabilities). VIXM(-52%) UUP(-37%) VXX(-16%) TBT(-16%) EDOC(0%) |
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 | -2.84% (StdDev 5.68%) |
Hourly BBV | -0.7 () |
Intraday Trend | 0% |
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