| TQQQ latest price $35.7550 (0.66%) ($35.7550 - $35.7550) on Fri. Sep. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.05% (three month average) |
RSI | 26 |
Latest Price | $35.7550(0.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 0.1% a day on average for past five trading days. |
Weekly Trend | TQQQ declines -7.2% a week on average for past two weeks. |
Market Behavior | Growth stock 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(97%) XLK(96%) SPY(94%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.525% in a week (0% probabilities). VXX(-70%) VIXM(-66%) TBT(-29%) UUP(-28%) USO(-10%) |
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 | -1.525% (StdDev 3.05%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
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