| TQQQ latest price $39.3300 (2.1%) ($39.3300 - $39.3300) on Wed. Oct. 11, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.17% (three month average) |
RSI | 64 |
Latest Price | $39.3300(2.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 1.8% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 3.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) IVW(99%) IWF(98%) VUG(98%) SPY(95%) XLK(95%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.585% in a week (0% probabilities). VXX(-66%) VIXM(-63%) UUP(-28%) TBT(-28%) GLD(-19%) |
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 | -1.585% (StdDev 3.17%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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