| TQQQ latest price $21.3250 (-1.23%) ($21.3250 - $21.3250) on Wed. Jan. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.39% (three month average) |
RSI | 76 |
Latest Price | $21.3250(-1.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.9% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 8.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) QQQ(99%) VUG(98%) IWF(97%) XLK(95%) IVW(93%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.695% in a week (0% probabilities). VIXM(-56%) UUP(-22%) VXX(-19%) TBT(-12%) IGOV(-6%) |
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 | -2.695% (StdDev 5.39%) |
Hourly BBV | 0.1 () |
Intraday Trend | 0% |
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