| TQQQ latest price $22.2850 (-1.65%) ($22.2850 - $22.2850) on Mon. Nov. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.25% (three month average) |
RSI | 49 |
Latest Price | $22.2850(-1.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 3.7% a day on average for past five trading days. |
Weekly Trend | TQQQ declines -0.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) VUG(98%) XLK(96%) VT(87%) XLY(86%) XLC(85%) |
Factors Impacting TQQQ price | TQQQ will decline at least -3.125% in a week (0% probabilities). VIXM(-53%) UUP(-36%) TBT(-18%) VXX(-17%) USO(12%) |
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 | -3.125% (StdDev 6.25%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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