| TQQQ latest price $22.4850 (4.97%) ($22.4850 - $22.4850) on Tue. Dec. 13, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.82% (three month average) |
RSI | 53 |
Latest Price | $22.4850(4.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.5% a day on average for past five trading days. |
Weekly Trend | TQQQ declines -1.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) VUG(97%) XLK(95%) XLY(85%) VT(84%) XLC(83%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.91% in a week (0% probabilities). VIXM(-56%) UUP(-26%) VXX(-18%) TBT(-13%) EDOC(-11%) |
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 | -2.91% (StdDev 5.82%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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