| TQQQ latest price $27.5850 (5.73%) ($27.5850 - $27.7400) on Thu. Apr. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.18% (three month average) |
RSI | 64 |
Latest Price | $27.5850(5.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.5% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 2.8% 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) IWF(98%) VUG(98%) IVW(95%) XLK(95%) SPY(91%) |
Factors Impacting TQQQ price | TQQQ will decline at least -2.09% in a week (0% probabilities). VXX(-65%) VIXM(-61%) UUP(-26%) TBT(-18%) SHY(-2%) |
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 | -2.09% (StdDev 4.18%) |
Hourly BBV | 2 () |
Intraday Trend | 0% |
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