| TQQQ latest price $41.2800 (0.19%) ($41.2800 - $41.2800) on Wed. Jul. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.16% (three month average) |
RSI | 61 |
Latest Price | $41.2800(0.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 0.5% a week on average for past two weeks. |
Market Behavior | Normal 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(92%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.58% in a week (0% probabilities). VXX(-66%) VIXM(-62%) UUP(-31%) TBT(-29%) EDOC(-27%) |
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 | -1.58% (StdDev 3.16%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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