| TQQQ latest price $42.0100 (1.25%) ($42.0100 - $42.0100) on Wed. Aug. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.21% (three month average) |
RSI | 55 |
Latest Price | $42.0100(1.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.2% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 0.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) IWF(98%) VUG(98%) IVW(97%) XLK(96%) SPY(94%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.605% in a week (0% probabilities). VXX(-71%) VIXM(-66%) UUP(-30%) TBT(-27%) USO(-8%) |
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 | -1.605% (StdDev 3.21%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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