| TQQQ latest price $43.9600 (-0.32%) ($43.9600 - $43.9600) on Fri. Jul. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.12% (three month average) |
RSI | 69 |
Latest Price | $43.9600(-0.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 2% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 4.1% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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 -1.56% in a week (0% probabilities). VXX(-68%) VIXM(-63%) UUP(-30%) TBT(-29%) EDOC(-5%) |
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 | -1.56% (StdDev 3.12%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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