| TQQQ latest price $23.3650 (12.71%) ($23.3650 - $23.4350) on Wed. Nov. 30, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.23% (three month average) |
RSI | 75 |
Latest Price | $23.3650(12.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.2% 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 | Broad based 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(97%) XLK(95%) VT(85%) XLY(85%) XLC(84%) |
Factors Impacting TQQQ price | TQQQ will decline at least -3.115% in a week (0% probabilities). VIXM(-56%) UUP(-29%) VXX(-18%) TBT(-14%) JETS(5%) |
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 | -3.115% (StdDev 6.23%) |
Hourly BBV | 2.9 () |
Intraday Trend | 0% |
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