| TQQQ latest price $39.0800 (3%) ($39.0800 - $39.0800) on Tue. Nov. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.31% (three month average) |
RSI | 55 |
Latest Price | $39.0800(3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TQQQ advances 3.5% a day on average for past five trading days. |
Weekly Trend | TQQQ advances 3.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support TQQQ advance at 0% a week (0% probability) IWF(97%) VUG(97%) XLK(95%) IVE(85%) VT(81%) |
Factors Impacting TQQQ price | TQQQ will decline at least -1.655% in a week (0% probabilities). VXX(-45%) VIXM(-36%) UUP(-34%) TBT(-22%) GLD(-16%) |
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 | -1.655% (StdDev 3.31%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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