| TQQQ latest price $34.7250 (-1.71%) ($34.7250 - $34.7250) on Wed. May. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.35% (three month average) |
RSI | 77 |
Latest Price | $34.7250(-1.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 2.4% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 7.7% 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) IWF(98%) VUG(98%) IVW(96%) XLK(95%) SPY(91%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.675% in a week (0% probabilities). VXX(-62%) VIXM(-59%) UUP(-29%) TBT(-27%) USO(-7%) |
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 | -1.675% (StdDev 3.35%) |
Hourly BBV | -0.5 () |
Intraday Trend | 0% |
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